Business & Economy
Breaking News Business & Economy Reports

NANS Announces Nationwide Mass Protest Over Fuel Price, Harship

By Beatrice Ori And Kate Itam The National Association of Nigerian Students (NANS) has announced a nationwide major protest on 15th September 2024, over the current fuel hike and hardship across the country. In a statement, the Senate President of NANS, Senator Okunomo Henry Adewumi, said the incessant increase in fuel prices has caused “untold

Read More
Breaking News Business & Economy

Cross River Government Begins 2025 Budget Preparation, Holds Forum In Districts

By Sylvia Akpan, Government House Correspondent As part of ways to have an inclusive bottom-top budget approach, the Cross River State Government has commenced consultative forums in preparation for the 2025 budget with sensitization exercises in North and Central districts. The Special Adviser on Budget Monitoring and Evaluation, Mr. Otu Otu-Ita, said the exercise is

Read More
Breaking News Business & Economy Reports

Stakeholders To Probe Cross River 2024 Q1 Budget Performance Report

By Godwin Ajom With a recurrent expenditure of N116 billion making up 39.1 percent and a capital expenditure of N181 billion of 60.9% of the 2024 N296.9 billion “People’s First” Budget of Cross River State, it is expected to deliver on seven unique Sustainable Development Goals (SDGs). This includes zero hunger, good health and well-being;

Read More
Breaking News Business & Economy

President Tinubu Signs N70,000 Minimum Wage Bill Into Law

By Lanre Lasisi And Emmanuel Egobiambu, Channels Television President Bola Tinubu has signed the minimum wage bill into law, ending months of deliberations between government authorities, Labour unions, and the private sector.  He signed it at the State House in Abuja on Monday days after the National Assembly National had passed the Minimum Wage Act,

Read More
Breaking News Business & Economy Politics

ICYMI: Governor Otu Flags Off Distribution Of Boats To Fishermen

By Sylvia Akpan, Government House Correspondent  The Governor of Cross River State, Sen. Bassey Otu has flagged off the livelihood component of the COVID-19 Action Recovery and Economic Stimulus (NG-CARES) program with the distribution of boats to fishermen and riverine communities of the state. While presenting the items to beneficiaries on Thursday at Calabar Municipality

Read More
Breaking News Business & Economy Reports

Government Reiterates Ban On Motorcycles, Tricycles Within Major Areas In Calabar

By CrossRiverWatch Admin Cross River State Government has reiterated the ban on commercial motorcycles and tricycles within the Calabar metropolis. The ban was reemphasized in a public service announcement by the State Security Adviser, Major General O. U Obono (Rtd), stating that the gesture is an effort to sustain the peace currently enjoyed in the

Read More
Breaking News Business & Economy

Government Seeks Increased Investments, Promises Business-Friendly Environment In Cross River

By CrossRiverWatch Admin The Cross River State Government is urging more investments and the establishment of new businesses, assuring a welcoming environment with minimal taxes and levies for students, entrepreneurs, and young business owners. At the recent Canaan Business School Jet Cohort graduation ceremony in Calabar on June 2, 2024, Comrade Enyam Joseph-Kelvin, the Special

Read More
Breaking News Business & Economy

Governor Otu Flags Off Land Clearing, To Invest N6 Billion Into Food Security 

By Sylvia Akpan, Government House Correspondent Governor Bassey Otu of Cross River State has launched a significant land clearing project aimed at developing 12,000 hectares for arable crop cultivation. This initiative is part of a broader effort to enhance food security and economic development in the state. The project, a collaboration with the Nigerian Agricultural

Read More