Cross River Akwa Ibom Boundary Cross River’s Costly Setback: How Akwa Ibom Still Gains Upper Hand on Oil Wells

Cross River’s Costly Setback: How Akwa Ibom Still Gains Upper Hand on Oil Wells

By Efiom Attoe CALABAR (CONVERSEER) – The recent submission of the Federal Government’s Inter-Agency Committee report to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) may appear, on the surface, to signal a victory for Cross River State. After years in the wilderness, Cross River is projected to be relisted as an oil-producing state with…

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AFX Afreximbank Opinion: Why Afreximbank's break with Fitch exposes deeper rift

Opinion: Why Afreximbank’s break with Fitch exposes deeper rift

By Macharia Kihuro NAIROBI (CONVERSEER) – In a recent public statement, the African Export-Import Bank (Afreximbank) announced it would terminate its credit rating relationship with Fitch Ratings. The rationale for this decision was particularly striking. The bank attributed the move to its “firm belief that the credit rating exercise no longer reflects a good understanding…

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