Business & Economy
Breaking News Business & Economy

Cross River-Born Filmmaker And Journalist, Obaji Akpet Emerge Tony Elumelu Foundation Alumni Hub Lead

By Kelvin Ololo Cross River-born journalist, documentary filmmaker and entrepreneur, Obaji Akpet, has emerged as the new Tony Elumelu Foundation (TEF) Alumni Hub Lead for Lagos after securing the highest number of votes in the 2026 Hub Lead elections. Akpet, a 2019 TEF Alumni, was formally congratulated by the Foundation’s Alumni Engagement Team, which described

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Breaking News Business & Economy Opinion

Fuel Subsidy: Nigeria Is Asking The Wrong Question BY EMMANUEL GEORGE NDOMA 

The real measure of subsidy removal is not a savings account. It is whether the fiscal space it creates produces a more productive and prosperous Nigeria. Every major economic reform leaves behind two conversations. The first asks what was lost. The second asks what was gained. In Nigeria’s case, much of the debate over fuel

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Breaking News Business & Economy

ICYMI: Cross River Assembly Reviews 2026 Supplementary Budget To N963.07bn

By Sylvia Akpan The Cross River State House of Assembly has approved an upward review of the 2026 Supplementary Appropriation Bill from nine hundred and sixty one billion, six hundred and twenty four million, forty seven thousand, two hundred and seventy five Naira, eight Kobo (N961,624,047,275.08) to Nine hundred and sixty three billion, seventy four

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Breaking News Business & Economy Investigation

REVELATION: How Cross River State Spent N3.3billion On Local Travels, Training And Others, Plus N278million On International Travels In 6 months

By CrossRiverWatch Admin The Cross River State Government has spent (two hundred and seventy eight (278) million Naira on international trips in the first half of 2026, budget performance document shows.  The figure is the 10th highest in the country, says the report which focuses on trips made between January 1st and June 30th 2026.

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Breaking News Business & Economy

Faulty Transformer Leaves Calabar Community In Darkness For 18 Months

By Bright Effiong Residents of Mayne Avenue by Ephraim Street in Calabar South Local Government Area of Cross River State, have appealed for urgent intervention over a faulty transformer that has left the community without power supply since January 2025. A visit to the area revealed that the prolonged blackout has disrupted residential and business

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Breaking News Business & Economy Opinion

Should Nigerians Take First Lady Oluremi Tinubu’s Akara, Kuli-Kuli And Corn Business Advice? BY REJOICE ETTAH

In recent days, Nigeria’s social and mainstream media have been awash with reactions to comments made by First Lady Oluremi Tinubu, in which she advised Nigerians to explore small-scale businesses such as making and selling akara (bean cakes), kuli-kuli (groundnut cakes), and roasted or boiled corn. The remarks came at a time when millions of

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Breaking News Business & Economy

Cross River Government Flags Off Fertilizer Distribution In Calabar

By Sylvia Akpan The Government of Cross River State has flagged off the South-South Zonal Renewed Hope Farm Input Support Program (FISP), with the distribution of 80,640 bags of NPK fertilizer to 20,160 registered smallholder farmers across the South-South region. Governor Bassey Otu represented by the Speaker of the Cross River State House of Assembly,

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Breaking News Business & Economy

Obudu Mountain Resort Races Against Time To Clear Twin Landslides Blocking Tourists, Villagers Lifeline

By Jonathan Ugbal Staff and villagers residing in the host community are working around the clock to reopen the only road leading to the Obudu Mountain Resort after two separate landslides struck within hours on Sunday, cutting off access to one of Nigeria’s most iconic tourist destinations. The first landslide hit the winding 11.5km mountain

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