Business & Economy
Akwa-Cross Entertainment Breaking News Business & Economy International News National News Reports

Insecurity: Hotels in C-River to Mount CCTV

by crossriverwatch admin Plans are on the way for all hotels in Cross River State to mount Close Circuit Television, CCTV to monitor the activities of people especially during the Calabar festival which attracts an influx of people from different parts of the world. This plan was disclosed during a meeting organized by the Cross

Read More
Business & Economy

CBN to issue agency banking framework in December

The Central Bank of Nigeria has said it will issue the draft framework of agency banking in December in a bid to increase the growth of financial inclusion. The CBN Governor, Mr. Lamido Sanusi, stated this on Thursday, at the EfINA workshop. He said, “We are working on a number of things. For example, the

Read More
Business & Economy

56 million adults have no bank accounts — Survey

A new survey has revealed that 56.3 million adults, representing 64.1 per cent of the adult population, do not have bank accounts. The survey carried out by Enhancing Financial Innovation and Access, an independent financial sector development organisation, showed that only 28.6 million people, representing 32.5 per cent of adult population have bank accounts. The

Read More
Business & Economy

EU budget summit ends without deal, retry in 2013

European Union leaders failed to reach agreement on Friday on a new seven-year budget for their troubled bloc, calling off talks in less than two days after most countries rejected deeper spending cuts demanded by Britain and its allies. European Council President Herman Van Rompuy decided to end a summit on the 2014-2020 EU budget,

Read More
Business & Economy

Prince of Blackwater heads to Africa

Prince of Blackwater heads to Africa Erik Prince, who made a fortune in Iraq thanks to his politically connected and controversial Blackwater military contractor, is leading a group of Chinese investors on a hunt for natural resources and investment opportunities in Africa. Erik Prince, the man who founded Blackwater, the private military contractor that became

Read More