CBN Governor, Yemi Cardoso By Etim Etim The annual dinner of the Chartered Institute of Bankers is one of the most enduring events in Nigeria’s corporate calendar. It brings together industry chiefs and senior bankers in a convivial atmosphere and provides the monetary authorities opportunity to make a few pronouncements or give a hint at…
By Etim Etim Less than a year after meeting the N500 billion minimum capital requirement, Access Holdings, the parent company of Access bank Plc, is raising additional N40 billion through private placement to meet a different regulatory requirement. The new requirement was announced by the CBN only two weeks ago. In a Circular issued on…
Cross River State Government, weekend, took a giant step towards strengthening its small business ecosystem, as the state Microfinance and Enterprise Development Agency (CRSMEDA) cleared 500 entrepreneurs to access the SMEDAN–Sterling Bank single-digit interest loan facility. The step, according to the Director-General of Cross River State Microfinance and Enterprise Development Agency ( CRSMEDA), Mr. Great…
By Magnus Effiong Property owners and farmers affected by the construction of the Lagos-Calabar coastal highway have commended the federal government for the transparent manner in which it is carrying out the compensation exercise. Beneficiaries and community leaders in Odukpani and Akamkpa local government areas of Cross River state, which is the Section 3A of…
By Our Reporter The Vice‑Chancellor of the University of Calabar (Unical), Prof. Florence Obi, has officially commissioned the university’s ultramodern fuel station. Incorporated as Unical Petroleum and Gas Ltd, the new outlet located at Eta Agbor, close to the school campus, is a joint venture between the institution and DonCally Resources Limited. UniCal authorities said the gesture…
By Princewill Kingston The Calabar Urban Development Authority, CUDA, has kickstarted the opening up of blocked drainages from the Walkover Bus Stop to Unique Schools in 8 miles, Calabar which had caused uncontrollable flooding of the area thereby constituting a menace to residents and commuters for months now. PillarToday gathered that the area is always…