By Godwin Ajom The first statewide trade fair in Cross River State in about 9 years is set for November, 2024 in Calabar, without expected revenue target. The trade fair according to the Commissioner for Commerce, Hon. Abigail Orok, is aimed at boosting and promoting the industrial, commercial, agricultural, raw materials, and minerals potentials of
By Asare Asare, Daily Post No fewer than 16 commercial vessels of various sizes berth in Calabar Port every month. The Manager of the Port, Chief Festus Ikechi Olumati, disclosed this when he led a management team to pay a courtesy call on Governor Bassey Otu of Cross River State. Daily Post recalls that the
By News Agency of Nigeria, NAN Mr. Festus Olumati, Port Manager, Nigerian Port Authority (NPA), Calabar Port, has said that the volume of vessels berthing at the Calabar Port has led to massive economic prosperity. Olumati said this on Sunday in Calabar while on oversight duty at the Port terminal where over four vessels were
By Ogar Monday The Presidential Enabling Business Environment Council, PEBEC, a Federal Government Agency responsible for facilitating the ease of doing business in Nigeria, has listed Cross River as one of the worst States in Nigeria to do business. In the report made publicly available recently, Cross River State ranked 33 out of 37, with
Entrepreneurs and start-ups have access to three different sources of financing: debt, equity, and hybrid. Make an informed decision because each choice has advantages and cons. Investing In Equity Start-up finance most frequently takes the form of equity financing. You simply sell shares of your company; it’s a straightforward idea. You have more power to
By James Emejo, ThisDay Newspaper The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Thursday launched the Nigerian National Domestic Card scheme that will among other things, avail Nigerians the sovereignty of their data, lower costs of transactions, and address challenges in foreign exchange usage. Emefiele said at a time when foreign
By James Emejo, This Day Newspaper In compliance with the Central Bank of Nigeria’s (CBN) currency redesign and cash withdrawal policy that limited withdrawals across all channels to N500,000 weekly, banks have suspended further cash disbursement via customers’ Naira Credit and prepaid cards. This Day Newspaper learnt that as a result, the banks have informed customers
The Nation Newspaper President Muhammadu Buhari has approved N24.4 billion for the first phase of the Smart Irrigation Scheme (SIS), the Executive Vice Chairman and Chief Executive of the National Agency for Science and Engineering Infrastructure (NASENI), Prof. Mohammad Sani Haruna, has said. He said Nigeria is already trying to promote a multi-crops season farming