Otu approves N2.5bn for Cross River State Microfinance Bank restructuring
Governor Bassey Otu approves N2.5bn for Cross River State Microfinance Bank restructuring during the 8th meeting of the Executive Council (EXCO) on Thursday in Calabar.
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South South contributed N34trn to Nigeria’s economy in 2024 – CIBN
The Chartered Institute of Bankers of Nigeria (CIBN) has revealed that the South South geopolitical zone contributed N34 trillion to Nigeria’s economy in 2024, representing over 21 per cent of the country’s real Gross Domestic Product (GDP).
ATIDI approves $84m counter-guarantee to support financing of Rwanda’s new international airport
ATIDI has approved a USD84 million counter-guarantee to support three local Rwandan banks and one regional bank in issuing bonds and guarantees totalling over USD322 million.
Cross River celebrates International Day of Cooperatives
The Cross River State Cooperative Stakeholders Association, in collaboration with the Ministry of Social Welfare and Community Development, celebrated the 2025 International Day of Cooperatives in grand style in Calabar.
German companies post less on X in response to Musk’s politics
German companies are quitting the social media platform X or posting less in response to owner Elon Musk’s politics, a report said on Monday.
Gov Eno releases N1.19bn for airport repair
Akwa Ibom State Governor Umo Eno has approved and released the sum of ₦1.194 billion for the comprehensive repair of key airport facilities to enhance aviation infrastructure and enable night flight operations at the Victor Attah International Airport, Uyo.
Cross River emerges best state in Public Finance Management in Nigeria
The Cross River State Government has been recognised as the best in Public Finance Management in Nigeria, according to the State Accountant General, Dr Glory Effiong.
Cross River receives new navigational charts for Bakassi deep seaport
CALABAR (CONVERSEER) – The Cross River State Government has recorded a breakthrough in its quest to transform the state into a maritime hub with the official presentation of the Hydrographic, Geotechnical, Geophysical Report and New Navigational Chart for the proposed Bakassi Deep Seaport project. Governor Bassey Otu, speaking at a formal ceremony held in the…
Ikom Council Boss introduces minibus shuttles to decongest traffic in metropolis
The Executive Chairman of Ikom Local Government Area, Pst (Mrs) Mercy Nsor, has introduced minibus shuttle services to decongest traffic.
Germany’s super-rich grow in number and wealth, report finds
Around 3,900 ultra-wealthy people in Germany – each with financial assets over $100 million – now own more than a quarter of the country’s total financial wealth, according to a new report from management consultancy Boston Consulting Group (BCG).