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Breaking News Business & Economy

Cash Withdrawal Limit: Banks Suspend Transactions Via Naira Credit, Prepaid Cards

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

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Breaking News Business & Economy

Buhari Okays N24.4 Billion For Irrigation Schemes, Says NASENI EVC

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

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Breaking News Business & Economy

Fuel Price Increases To N220 In Calabar, Transport Fare Now N100 Per Drop

By Archibong Jeremiah Fuel and transportation prices have increased in Calabar, the Cross River State capital. The gradual increase started last week when petrol stations within the city center increased their price to N180 per liter, those outside (8 Miles) sold a liter N200, but transportation price was not affected at this point. Today, Tuesday,

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Breaking News Business & Economy

PIND, CRIN To Certify And License 14 Cocoa Seed Entrepreneurs In Niger Delta Region To Boost Access To Quality Seeds

By Our Reporter The Foundation for Partnership Initiative in the Niger Delta (PIND) and the Cocoa Research Institute of Nigeria (CRIN) are set to onboard and certify 14 commercial cocoa seed entrepreneurs. The certificate issuance will occur on November 8, 2022, at CRIN’s headquarters in Ibadan, Oyo State. In 2021, PIND and CRIN signed a

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Breaking News Business & Economy

Cross River Moves To 4th Best State On Fiscal Performance But Remains One of Nigeria’s Worst State For Business

By Ogar Monday Cross River State has moved up 4 places, from 7th, becoming Nigeria’s 4th best-performing state-behind Rivers, Kaduna, and Lagos in the 2022 fiscal performance ranking done by BudgIT. This civic-tech organization works to expand budgetary transparency and accountability in governance. An analysis of the report released within the week and seen by

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Breaking News Business & Economy National News

Cross River, Kogi, Ogun Top Mineral Production In 2021 – Report

By News Agency of Nigeria Aggregate production of mineral products in Nigeria peaked at 89.48 million tonnes in 2021 with Ogun, Kogi, and Cross River States recording the highest output, says a report by the Federal Statistics Bureau. The National Bureau of Statistics’ mineral production report for 2021 showed that national production grew by 39.19

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Breaking News Business & Economy CrossRiverWatch TV Podcast

Cross River Set To Commence Commercial Production Of Vibrated Electric Poles

By CrossRiverWatch Admin Listen To The Report The Government of Cross River State said all is set to commence the commercial production of vibrated electric poles. Governor Ben Ayade stated this during a tour of the State-owned Piles and Phylon factory situated at Akamkpa Local Government Area of the State where he said the factory

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Breaking News Business & Economy CrossRiverWatch TV Podcast

Debt Repayment: N1.3 Billion Deducted From Cross River State In First Quarter Of 2022

By Ogar Monday Listen To The Report According to information from the Debt Management Office between January, February, and March, a total of N1.3 billion was deducted from Cross River State’s accrued revenue to offset part of the State’s external debt. The N1.3 billion is 6.3% of the N21.62 billion external debt deductions from all

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