Business & Economy
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Cross River Deputy Attends 3rd Conference On Intra-African Trade Fair, Strengthens Economic Ties

By Charity Ohotu Cross River State Deputy Governor, Rt. Honorable Peter Odey has attended the 3rd Conference of the African Sub-Sovereign Government Network which is geared towards strengthening economic ties. Held at the Intra-African Trade Fair in Cairo, Egypt, and organized by the African Export-Import Bank, Afreximbank, Honorable Odey who represented Governor Bassey Otu at

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Breaking News Business & Economy

Old Naira Notes Remain Legal Tender Indefinitely, Says CBN   

By Emmanuel Egobiambu, Channels Television The Central Bank of Nigeria (CBN) says the old N200, N500, and N1,000 notes are to remain legal tender indefinitely.  While new currency notes were introduced last year with the old ones set to cease as legal tender, the apex bank on Tuesday extended “the legal tender status deadline of

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Breaking News Business & Economy Opinion

Grappling With Prevailing Vicissitudes Of Nigeria… BY AGBA JALINGO

It’s a Monday morning and most of us are hitting the roads again with numerous burdens in our fragile hearts. The existential challenges relating to managing our debts, school fees, paying rents, feeding families, sustaining small businesses, and how to increase household income, has bequeath aches to the carapace of our minds. And I have

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Business & Economy Politics

Cross River Government Assures Investors Of A Favorable Environment For Business

By Able Winnard The Government of Cross River State has offered support to global investors willing to invest in the State as a tax haven. Governor Otu gave the commitment when he hosted top global Chief Executive Officers in Lagos State, Nigeria’s economic capital at a breakfast meeting aimed at enhancing the tourism fortunes of

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Breaking News Business & Economy

Assembly Member Stanley Nsemo Hails Governor Otu Over Tax Reduction In Ika Ika Oqua Market

By Ruth Obo-Ekpo And Precious Odey Honorable Stanley Bassey Nsemo, a member representing Calabar Municipal State Constituency in Cross River State House of Assembly, has expressed his heartfelt gratitude to Governor Bassey Otu, for his recent decision to reduce taxes imposed on traders in Ika Ika Oqua (Marian) market. Nsemo said the move by Governor

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Breaking News Business & Economy

Governor Otu Engages Investors, Say There’s Need To Plow Resource Into Tourism, Others

By Sylvia Akpan, Government House Correspondent The Executive Governor of Cross River State, Senator Bassey Otu has met with some investors and charged them to plow their resources in the tourism, economic, and other sectors in the State. Governor Otu gave the charge during a two-day International Cooperation and Investment Summit held in the Calabar

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Breaking News Business & Economy Investigation

How Inadvertent Press Statement Spotlights Failure In Managing Cross River State’s Owned Commercial Plane

By Godwin Otang Last June the Cross River State Government issued a press statement that announced the cancellation of agreement on the operation of the state’s owned commercial plane being managed by Aero Contractors.  The state instead reassigned the lease manager of its Boeing 737-300, known as Cally Air, to Melers Global Resources, a company

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Breaking News Business & Economy National News

Over 30 Oil Wells Capped 65 Years Ago By Shell Identified in Cross River State

By Anietie Akpan, Pillar Today Over 30 oil wells capped about 65 years ago by Shell Petroleum in Mbiabo Ikot Offiong community in Odukpani Local Government Area of Cross River State have been identified. The Clan Head of Mbiabo Ikot Offiong, Etubom Nya Asuquo told Pillar Today that “in the late fifties, Shell did some

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