By Ken Ibenne Shares of Philips witnessed a remarkable surge on Monday, spurred by the resolution of a significant legal dispute in the United States involving its respiratory devices. The Dutch medical technology giant settled a lawsuit related to the recall of several sleep apnea treatment products, which resulted in a recall of millions of…
By Ken Ibenne In March 2024, the Debt Management Office (DMO) conducted treasury bills (T-bills) auctions, offering T-bills with a total market value of N2.669 trillion. This figure represents a 3.07% month-over-month (MoM) increase, equivalent to N79.54 billion, compared to the T-bills auctioned in February 2024, which amounted to N2.589 trillion. This data was sourced…
Gov. Bassey Otu during the inauguration of the 50,000 hectares rice initiative at Ndek, Ogoja LGA. By Anietie Akpan The Governor of Cross River State, Senator Bassey Otu, has initiated a large-scale rice cultivation revolution project that can feed Nigeria and export for foreign exchange earnings. The project which was inaugurated at weekend in Ndok…
By Emediong Dianabasi Okon, Uyo Food items are getting costlier for residents of Uyo metropolis in Akwa Ibom State as prices of goods climb higher, fuelling hunger and taking a big bite out of consumers’ wallets. According to a survey across major markets in Uyo, prices of food items have surged by more than 70 percent since…
Gov. Bassey Otu By Anietie Akpan The South-south zone of the Christians Association of Nigeria (CAN), has commended Governor Bassey Otu of Cross River for his visionary leadership and strides recorded barely 10 months in office. In his address, the Zone’s Chairman, His Grace, Archbishop Ege Enivekenimi, described Otu’s emergence as the will of God…
