Business & Economy
Breaking News Business & Economy

Cross River State Set To Privatize Cally, Obudu Airport, Tinapa, Garment Factory, Marina Resort, Over 30 Others

By CrossRiverWatch Admin The Cross River State Government says it is ready to privatize some of it’s businesses including several of the industries initiated by the Ben Ayade administration. John Odo, Chairman of the State’s Privatization Council flanked by other members of the Council told journalists in Calabar that, the State Governor was keen on

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Breaking News Business & Economy

Transcorp Hotel Debunk Robbery Incident, Says It’s Hand Work Of Mischief Makers

By Anthonia Odido The management of five star hotel in Calabar, Cross River State capital, Transcrop Hotel has debunked an alleged robbery incident in its hotel. It describes it as “completely false and appears to have been deliberately made to mislead the public.” The management in a press release said they are left in awe

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Breaking News Business & Economy

Citizens Decry Poor State Of Roads In Calabar South, Calls For Quick Intervention

By Rosemary Nkereuwem and Abuh Racheal Citizens at Uwanse has lamented the hardship and damages caused by the growing potholes at Ekpo Eyo, Calabar South Local Government Area of Cross River State. The expanding potholes, residents say have impacted negatively on the lives of the people, emphasising that lack of good drainage system made it

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Breaking News Business & Economy Politics

FG Ratifies, Approves $11.17 Billion For Lagos – Calabar Rail

By CrossRiverWatch Admin The Federal Executive Council (FEC) on Wednesday ratified the presidential approval for the Lagos – Calabar coastal rail project to link most of Nigeria’s coastal cities by rail within six years. The FEC also approved USD11.17 billion for the project, the Cable Newspapers quotes Lai Mohammed, the country’s infromation and culture minister

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Breaking News Business & Economy National News

BREAKING: Ayade Signs 240bln Revised Blush And Bliss Budget Into Law

By Jonathan Ugbal Governor Ben Ayade of Cross River has signed a revised budget for the 2021 fiscal year into law. The sum is NGN41 billion less than what was approved for the fiscal year. “Yes, the Governor just signed the 2021 amended budget of NGN240.404 billion into law,” Otu Ita, the Special Adviser Budget

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Breaking News Business & Economy Opinion

Whither Cally, Aero Or Cally Air BY ASU OKANG

I have been inundated by calls and cheers alike, when I surfaced on yesterday’s morning flight from Calabar enroute Abuja.  I still don’t know why it made news in some quarters, but it was to show that everything isn’t politics. Don’t forget I was part of the State Exco when the decision was made.I enjoyed

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Breaking News Business & Economy International News

Ayade Explains Why Cally Air Is Yet To Start Operations, Partnership With Aero

By Ushang Ewa Governor Ben Ayade of Cross River on Monday explained why the State owned airline, Cally Air is yet to commence operations. Mr. Ayade told a select group of journalists shortly after one of the two aircrafts his administration purchased to float the airline touched down and was hosed down at the Margaret

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Breaking News Business & Economy Reports

Aero Resumes Calabar Route With Cally Aircraft

By Jonathan Ugbal Aero Contractors on Monday resumed flight operations on its Lagos – Calabar- Lagos and Abuja – Calabar – Abuja routes with one of the two Boeing 737 purchased by the Cross River State Government. The maiden flight into the Margaret Ekpo International Airport was welcomed with a wash down at a few

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