Business & Economy
Breaking News Business & Economy Reports

FG Approves N14bln For Odukpani – Biase Road As Fallen Truck Blocks Calabar Road

By Jonathan Ugbal The Federal Executive Council (FEC) on Wednesday approved the sum of NGN14.014 billion for the rehabilitation of the Odukpani – Akpet central section of the Calabar – Ikom – Katsina-Ala highway in Cross River State. The total length of the distance to be rehabilitated is 73 kilometers and the project among others

Read More
Breaking News Business & Economy International News

Ekpo, Lebo Hail Ihejiamazu At Book Launch

By Ilam Patricia The Speaker of the Cross River State House of Assembly, Honorable John Lebo and the guber candidate of the Social Democratic Party in the 2019 general elections, Mr. Eyo Ekpo have hailed the author of the book, ‘Go Global With Opportunities’, Grace Ihejiamaizu for putting to paper, a guidance for youths. Mr.

Read More
Breaking News Business & Economy Interviews

Shelved Labor Strike: What Cross Riverians Said

By Mary Umani, Martha Abua, Godwin Otang, Rose Ofem and Monica Njagu The federal government on Tuesday announced a new minimum wage of NGN30,000 after the tripartite committee set up to negotiate the wage presented its report and a draft bill to Nigeria’s president, Muhammadu Buhari. The announcement came after days of intrigues following the

Read More
Breaking News Business & Economy National News

SME Development: Cross River Government Releases 500 Million Revolving Fund

By Jonathan Ugbal: Government House Correspondent The Cross River State Government has released a NGN500 million revolving fund for the development of small and medium scale enterprises. The Governor, Senator Ben Ayade disclosed this Tuesday in Calabar during the commissioning of the State’s owned microfinance bank. The sum is expected to be the bank’s startup

Read More
Breaking News Business & Economy Interviews Reports

Minimum Wage: We Will Not Owe Workers – Cross River Government

By Margaret Adado The Cross River State Government has assured workers of prompt payment of salaries no matter the sum agreed by the federal government as the new national minimum wage. The Special Adviser of Labor to the government, Comrade Effiong Umoh stated this on Sunday in Calabar while speaking on the radio program; ‘The

Read More
Breaking News Business & Economy National News

Why We Certified, Endorsed Innoson Vehicles – VIO Commander, Paul Bepeh

By Jonathan Ugbal The commander of the vehicle inspection officers for Cross River and Akwa Ibom States, Mr. Paul Bepeh has said that the decision of VIO commanders across Nigeria to induct the Chief Executive Officer of Innoson Vehicle Manufacturing (IVM), Chief Innocent Chukwuma as a Road Traffic Mayor was based on the fact that

Read More
Breaking News Business & Economy National News

Cross River: Local Government Pensioners Issue 21 Days Ultimatum Over 11.5 Billion Pension And Gratuity Arrears

By Elijah Ugani The Association of Cross River State Local Governments Pensioners has issued the State government a 21 days ultimatum with effect from 22nd October, 2018 to pay outstanding gratuities and pension arrears from 2015 till date. The association’s ultimatum was contained in a letter addressed to the Secretary to the State Government which

Read More
Breaking News Business & Economy

New Delivery Company, ‘Plan B’ Berths In Calabar

By Ushang Ewa A new delivery company, Plan B delivery limited has begun operations in Calabar, the Cross River State capital with the aim of helping individuals, micro, small and medium scale enterprises to pick and deliver items to locations within the city. A statement signed by the operations manager, Mr. Kingsley Udoh and made

Read More