Breaking News , Delta , Economy/Business , Edo
November 5, 2024

Transmission Company Of Nigeria To Conduct Maintenance On Delta-Oghara 132kV Transmission Line

109 During maintenance, electricity distribution will be temporarily disrupted, affecting customers serviced by the Benin Electricity Distribution Company (Benin DisCo). By TheInvestigator The Transmission Company of Nigeria (TCN) has announced scheduled maintenance on the Delta-Oghara 132kV transmission line, set to occur on Saturday, November 2, 2024, between 10:00 am and 5:00 pm. According to TCN’s […]

Breaking News , Cross River , Economy/Business , Governance
October 29, 2024

BREAKING: Governor Otu Proposes N498 Billion Budget For Cross River State In 2025

145 More details on specific allocations and targeted projects are expected to be released soon as the budget proposal moves through legislative review. By TheInvestigator  Governor Prince Bassey Edet Otu of Cross River State has presented a proposed budget of N498 billion for the 2025 fiscal year. The budget, titled the “Budget of Sustainable Growth,” […]

Breaking News , Economy/Business , Imo , Investigation
September 1, 2024

Lives, Economic Activities Threatened After Contractor Fails To Execute Erosion Control Project In Imo Community

485 The erosion and flood control project in Akwakuma, Imo State, awarded to Saicom Integrated Services Limited remains largely unfinished despite payments made. TheInvestigator’s Arinze Chijioke reports that the incomplete project has worsened flooding, impacting economic activities and posing a threat to lives in the community. Clement James stood in front of his shop, steering […]

Breaking News , Cross River , Economy/Business , Governance
August 15, 2024

Cross River State Government Initiates Ambitious Development Plans To Tackle Poverty

362 This grim reality, he said, underscores the urgent need for robust agricultural policies and programs that can pull citizens into the economic mainstream. By TheInvestigator The Cross River State Government, through its Ministry of Agriculture and Irrigation Development, has announced an ambitious series of agricultural initiatives aimed at reducing multidimensional poverty in the state.  […]

Breaking News , Economy/Business , News
August 5, 2024

NDDC Launches Youth Internship Scheme

1,821 Interested applicants are encouraged to register through the official website, click here to proceed. By TheInvestigator  The Niger Delta Development Commission (NDDC) has announced the launch of a new initiative aimed at empowering the youth of the Niger Delta region. The program, known as the NDDC Youth Internship Scheme, is designed to provide valuable […]

Breaking News , Cross River , Economy/Business
July 17, 2024

Local Restaurant Owner Suffers Financial Loss Due To Communication Mix-Up Between Government Agencies

396 Authorities have yet to comment on the incident or provide a timeline for resolving the issue. By TheInvestigator A local restaurant owned by Mrs Mary Abue suffered significant damage yesterday (Tuesday) when a tree fell on the establishment at approximately 10:00 AM. The incident occurred at MCC (Effio-Ette) in the triangle area, Calabar, Cross […]

Breaking News , Economy/Business
July 17, 2024

Gov Otu Breaks Ground For Remodelling Of Calabar Stadium Hostel

292 The Governor, while speaking at the event, recounted the rich sports history of Cross River… By Government House Reporter Cross River state governor, Senator Bassey Otu, on Tuesday, officially performed the groundbreaking ceremony for the commencement of work on the remodeling of U. J. Esuene Stadium Hostel to Calabar Sports Resorts and Leisure Hotel.  […]

Breaking News , Economy/Business
July 16, 2024

FG Targets 500,000 Metric Tonnes Of Cocoa Production By 2025

385 Mr Rimi, however, called for continued collaboration to address the gaps in the global trade ecosystem. News Agency of Nigeria The federal government on Tuesday promised to boost its cocoa production to 500,000 metric tonnes by 2025 from the 340,000 recorded in 2022. Permanent Secretary, Federal Ministry of Industry, Trade, and Investments, Nura Rimi, […]

Breaking News , Economy/Business , Governance
July 14, 2024

Workshop In Calabar Tackles Gender Inequity In Taxation

366 This workshop aims to create a gender-responsive tax system that ensures equitable treatment for all. By TheInvestigator A groundbreaking workshop aimed at addressing gender disparities in taxation was held in Calabar. Organized by the Civil Society Legislative Advocacy Centre (CISLAC) with support from the International Budget Partnership (IBP), the workshop focused on collecting data […]

Breaking News , Cross River , Economy/Business
May 15, 2024

Governor Otu Secures $3.5bn AfreximBank Funding For Major Projects

313 Otu noted that “This is a world-class partnership that will result in positioning Cross River State economically.” By Government House Press Cross River State government has secured a $3.5 billion funding from the Pan-African multilateral financial institution, African Export-Import Bank (AfreximBank) for some of its key infrastructure projects in the state. Governor Bassey Otu, […]

Breaking News , Cross River , Economy/Business
May 10, 2024

Cross River Police Commissioner Urges Business Operators To Prioritize Security

329 The collaboration between private business operators, hoteliers, and the Cross River State Police Command is expected to enhance security and reduce crime rates across the state. By TheInvestigator Private business operators and hoteliers in Cross River State have been urged to prioritize security within their establishments. The Commissioner of Police, Cross River State Command, […]

Breaking News , Economy/Business , Investigation , Ondo
May 10, 2024

Ondo State Government Sold Farmers’ Lands To Investors, Refused To Compensate Them Then Ignored Court Orders

316 Justice Aderemi Adegoroye who presided over the case granted the prayers. However, the Ondo State Government and SAO Agro Allied Services did not obey the orders. By Alaba Adeyemi On the 18th of April 2023, farmers in communities around the Oluwa forest in Ore Odigbo Local Government Area of Ondo State woke up to […]

Breaking News , Economy/Business , Governance
April 17, 2024

Cross River Governor Seduces Diplomats And Development Partners, Presents Reform Strategies

364 “We have completely keyed into the Federal Government’s Renewed Hope Agenda, aligning it with our administration’s People’s First Agenda…” By Government House Press Cross River State Governor, Senator Bassey Otu, has presented his administration’s reform strategies, actions, and economic indices to a gathering of diplomats, policymakers, and investment drivers to attract and create more […]

Breaking News , Economy/Business , Governance
March 15, 2024

Gov Otu Inaugurates Committee To Bolster Oil Palm, Cocoa, Coffee Value Chains

460 In her acceptance speech, the Chairman of the Committee, Prof. Susan Ohen, thanked the governor. By Government House Press Cross River State Governor, Senator Bassey Otu, Tuesday, inaugurated a multi-stakeholder committee to draw up a development framework for the optimization of oil palm, cocoa, and coffee value chains in the state. Inaugurating the committee, […]

Breaking News , Economy/Business , Governance
January 5, 2024

CBN Plans To Launch Stablecoin February 27

480 The unveiling of the cNGN is coming over two years after digital currency transactions were banned by the apex bank. By Vanguard Newspaper The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin and set to launch on February 27, 2024. The cNGN is powered by the Africa […]

Breaking News , Economy/Business , Rivers
January 2, 2024

Power Outage Hits Rivers Over Collapsed Poles

542 “Our technical team has been mobilized to replace the collapsed poles and restore the feeders. We assure customers within these areas that supply will be restored as soon as work is completed”, the company stated. By Ogaga Ariemu, Daily Post Some parts of Rivers State are currently experiencing electricity outages. The Port Harcourt Electricity […]

Breaking News , Climate Change , Cross River , Economy/Business , Governance
December 31, 2023

Cross River, Oando To Build Wind Power Generating Plant, Others

530 ‘’We are committed to translating these discussions, collaborations, and agreements into actionable steps that will positively impact our environment, economy, and the well-being of our citizens.’’ By Guardian Nigeria The Cross River State Government said it has taken the first concrete step towards the industrialization and economic growth of the state. The state signed […]

Breaking News , Economy/Business , Governance
December 2, 2023

What To Know About New CBN Directives On BVN, NIN

535 By Joseph Adeiye, FIJ The Payments System Management Department of the Central Bank of Nigeria (CBN) issued a circular to all commercial banks in Nigeria on Friday. That circular spelt out amendments to Section 1.5.3 of the Regulatory Framework for Bank Verification Number (BVN) Operations and Watchlist for the Nigerian banking industry. Banks and […]

Breaking News , Economy/Business , Governance
November 25, 2023

Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement

359 By Godwin Otang, CrossRiverWatch The Nigerian Senate through its Committee on Gas, has summoned 15 companies operating in Nigeria for an investigative hearing over the Nigeria Gas Expansion Program (NGEP) intervention fund disbursement. Chairman of the Committee who is the Senator representing Cross River Northern Senatorial District, Jarigbe Agom Jarigbe, mandated the affected companies […]