Business & Economy
Business & Economy Politics

Cross River Government Assures Investors Of A Favorable Environment For Business

By Able Winnard The Government of Cross River State has offered support to global investors willing to invest in the State as a tax haven. Governor Otu gave the commitment when he hosted top global Chief Executive Officers in Lagos State, Nigeria’s economic capital at a breakfast meeting aimed at enhancing the tourism fortunes of

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Breaking News Business & Economy

Assembly Member Stanley Nsemo Hails Governor Otu Over Tax Reduction In Ika Ika Oqua Market

By Ruth Obo-Ekpo And Precious Odey Honorable Stanley Bassey Nsemo, a member representing Calabar Municipal State Constituency in Cross River State House of Assembly, has expressed his heartfelt gratitude to Governor Bassey Otu, for his recent decision to reduce taxes imposed on traders in Ika Ika Oqua (Marian) market. Nsemo said the move by Governor

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Breaking News Business & Economy

Governor Otu Engages Investors, Say There’s Need To Plow Resource Into Tourism, Others

By Sylvia Akpan, Government House Correspondent The Executive Governor of Cross River State, Senator Bassey Otu has met with some investors and charged them to plow their resources in the tourism, economic, and other sectors in the State. Governor Otu gave the charge during a two-day International Cooperation and Investment Summit held in the Calabar

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Breaking News Business & Economy Investigation

How Inadvertent Press Statement Spotlights Failure In Managing Cross River State’s Owned Commercial Plane

By Godwin Otang Last June the Cross River State Government issued a press statement that announced the cancellation of agreement on the operation of the state’s owned commercial plane being managed by Aero Contractors.  The state instead reassigned the lease manager of its Boeing 737-300, known as Cally Air, to Melers Global Resources, a company

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Breaking News Business & Economy National News

Over 30 Oil Wells Capped 65 Years Ago By Shell Identified in Cross River State

By Anietie Akpan, Pillar Today Over 30 oil wells capped about 65 years ago by Shell Petroleum in Mbiabo Ikot Offiong community in Odukpani Local Government Area of Cross River State have been identified. The Clan Head of Mbiabo Ikot Offiong, Etubom Nya Asuquo told Pillar Today that “in the late fifties, Shell did some

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Breaking News Business & Economy Reports

Cross River Basin Development Authority Gives Traders Five Days To Vacate Its Gate

By Veronica Utsu The Cross River Basin Development Authority, CRBDA, has warned traders occupying its gate to relocate or face the wrath of the law. In a statement issued on Monday, it gave them a five-day ultimatum to vacate the premises. The activities of the vendors have turned to the entrance into a mini market,

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Breaking News Business & Economy Reports

Fuel Subsidy: Calabar Residents Lament As Battle For Survival Bites Harder

By Noah Ajala As Nigerians continue to grapple with the attendant effect of the removal of fuel subsidy and the cost of survival, residents of the Calabar metropolis have shared divergent views and difficulties as the days go by. Sharing their experiences on how the fuel hike has affected them, some of the residents told 

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Breaking News Business & Economy Reports

PHED Targets 24-Hour Power Supply In Four States

By News Agency of Nigeria, NAN The Port Harcourt Electricity Distribution Company (PHED) says it has begun the adoption of modern innovations to improve service delivery to customers in its four franchise states. The states include Akwa Ibom, Bayelsa, Cross River, and Rivers. The PHED’s Managing Director, Mr. Benson Uwheru, made this known during his

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