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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Judge excuses self in Malami’s ₦213bn property case

Judge excuses self in Malami’s ₦213bn property case

By Our Reporter ABUJA (CONVERSEER) – Justice Obiora Egwatu of the Federal High Court on Thursday stepped down from presiding over the asset forfeiture suit involving former Attorney-General of the Federation, Abubakar Malami, SAN, and two others, citing personal reasons. Announcing his decision shortly after counsel entered their appearances, Egwatu said: “For personal reasons, and…

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Court jails 2 Chinese for 46 years for N3.4bn, .5m cyberterrorism, internet fraud

Court jails 2 Chinese for 46 years for N3.4bn, $2.5m cyberterrorism, internet fraud

By Our Reporter LAGOS (CONVERSEER) – Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, February 11, 2026, convicted and sentenced two Chinese: Huang Haoyu and An Hongxu, to 46 years’ imprisonment each for cyber terrorism and internet fraud. The convicts, alongside one Friday Audu were among a syndicate of…

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