Business & Economy
Breaking News Business & Economy

Cross River Moves To 4th Best State On Fiscal Performance But Remains One of Nigeria’s Worst State For Business

By Ogar Monday Cross River State has moved up 4 places, from 7th, becoming Nigeria’s 4th best-performing state-behind Rivers, Kaduna, and Lagos in the 2022 fiscal performance ranking done by BudgIT. This civic-tech organization works to expand budgetary transparency and accountability in governance. An analysis of the report released within the week and seen by

Read More
Breaking News Business & Economy National News

Cross River, Ekiti, Akwa Ibom, Ondo, Abia And Osun To Benefit From USDA $22 Million Cocoa Value Chain Support

By Ogar Monday Cross River, Ekiti, Akwa Ibom, Ondo, Abia, and Osun States are set to benefit from the United States Department of Agriculture’s program to support cocoa farmers in Nigeria. The program, under the USDA’s Food for Progress program, will be carried out in collaboration with the Lutheran World Relief, and it is meant

Read More
Breaking News Business & Economy

Seven Days Of Power Outage Cripples Businesses In Calabar

By News Agency of Nigeria, NAN Businesses in Calabar, Cross River State, are under pressure, following the lack of power supply in the city for seven days. The situation was caused by a fire that occurred on 3 September, at the 132/33 KV Substation in Adiabo, Calabar. Ndidi Mbah, TCN General Manager, Public Affairs, had

Read More
Breaking News Business & Economy Reports

EFCC Tasks NACCIMA On Business Ethics And Integrity

By Bankole Abe, The ICIR The Economic and Financial Crimes Commission (EFCC) has urged the Nigeria Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) to adhere to best practices in business and encourage its members to make integrity and ethical conduct their watchwords. The advice was given in Abuja on Tuesday by the Chairman of

Read More
Breaking News Business & Economy National News

Cross River, Kogi, Ogun Top Mineral Production In 2021 – Report

By News Agency of Nigeria Aggregate production of mineral products in Nigeria peaked at 89.48 million tonnes in 2021 with Ogun, Kogi, and Cross River States recording the highest output, says a report by the Federal Statistics Bureau. The National Bureau of Statistics’ mineral production report for 2021 showed that national production grew by 39.19

Read More
Breaking News Business & Economy Investigation National News

Fraud, Ponzi Schemes And Terror Financing: A Story About Banking In Nigeria

By David Hundeyin, West Africa Weekly There is a problem with Nigerian banking, and it’s worse than you think. Much worse. In May 2022, shortly after my story about Chinese loan sharks in West Africa went up, a number of new tips and leads started trickling in. It looked at first, as though a follow-up story would emerge,

Read More
Breaking News Business & Economy

FG Disburses N1.24tn To 4.21m Enterprises – Report

By Okechukwu Nnodim The Federal Government has disbursed N1.24tn to 4.21 million enterprises through the Bank of Industry in six years, the latest report on disbursements by the bank showed. Data in the report indicated that the disbursements, comprising loans and grants, were received by micro, small and medium enterprises as well as large-scale businesses

Read More
Breaking News Business & Economy CrossRiverWatch TV Podcast

Cross River Set To Commence Commercial Production Of Vibrated Electric Poles

By CrossRiverWatch Admin Listen To The Report The Government of Cross River State said all is set to commence the commercial production of vibrated electric poles. Governor Ben Ayade stated this during a tour of the State-owned Piles and Phylon factory situated at Akamkpa Local Government Area of the State where he said the factory

Read More