Calabar Media City

P R E S S U R E: EbonyLife TV Set To Pay CR N50m

July 18, 2015July 18, 2015 Admin No Comments

Top government sources have just informed www.calitown.com that media outfit, EbonyLife TV, is in the process of remitting N50m to the Cross River State government, next week, in a deal brokered with the Ministry of Finance to scale down the level of anger within certain quarters over the N2.4 billion handed the outfit in 2012…

Cross River News, News

EDITORIAL: Calabar Media City, N2.4 Billion And The Sealed Lips

January 5, 2015January 5, 2015 Admin No Comments

2.4 Billion Naira is a lot of money by any standards. This is the exact amount of money the Cross River State government obtained from First Bank of Nigeria PLC as a loan in 2012 for the Calabar Media City Special Purpose Vehicle. While the Cross River State House of Assembly authorized government to obtain…