Managers of Wealth Africa

Woolworths fraud warning

Criminals often disguise themselves as banks or retailers and contact customers with urgent messages.

Court orders six banks to submit Sowore’s account details to IG

The Federal High Court in Abuja on Tuesday ordered six banks to provide the Inspector-General of Police with account documents and full transaction details, including inflows and outflows, linked to Omoyele Sowore from January 2024 to date. Justice Emeka

BudgIT calls out ministry, budget office for violating fiscal transparency law

BIRs reports are expected to detail the implementation of the annual budget and offer critical insights into government spending and the delivery of public goods and services.

Big storm brewing over new laws for South Africa

This is specifically related to the admissions policies contained in the laws, which have been a highly controversial aspect of the entire BELA process.

Beige Bank: Dame challenges Ayine over GHS10m settlement claim

However, in a strongly worded response on Tuesday, July 29, Mr. Dame questioned the validity of the claim and demanded documentation to back it.

Bad day in home foreclosure court for Nedbank and its lawyers

Lawyers referred to Legal Practice Council for misleading the court.

High Court of South Africa develops common law to address jurisdiction over foreign entities

This judgment marks a significant development in South African common law

Two new laws coming for South Africa

The Minister of Justice and Constitutional Development, Mmamoloko Kubayi, has introduced the International Co-operation in Criminal Matters Amendment Bill to parliament.

EFCC secures conviction of five Internet fraudsters in Kwara

They were arraigned on separate charges before the courts by the EFCC.

Court orders forfeiture of assets linked to bank fraud

The judge gave the order in an application filed by the Economic and Financial Crimes Commission (EFCC).

N17.8bn debt: Court freezes Afex commodities’ bank accounts

The court restrained the banks listed as garnishees from tampering with, transferring, or placing any encumbrance on the affected accounts, all of which are linked to Afex’s Bank Verification Numbers.

Serious implications for anyone trading bitcoin and other crypto assets in South Africa

The client in question had engaged in a significant number of cryptocurrency transactions prior to its liquidation, acquiring bitcoin on local exchanges and transferring it to foreign exchanges.

Banks sued for selling repossessed homes for R1,000, and Eskom’s days are numbered

Analysts predict continued volatility in oil prices as traders await Iran’s response.

Court declares Absa’s accounting in ‘disarray’, dismisses attempt to attach property

Says no to application for summary judgment – and the matter ‘could have been solved by mediation’.

Access Bank Asks Court to Freeze MTN’s Assets over Alleged N181bn Debt

While acknowledging the strength of the plaintiffs’ case, Justice Aluko declined to grant the requested orders outright.

Nigerian Court to Rule on Future of National Biometric Banking System

The outcome could have lasting implications for biometric banking security and data governance in Nigeria’s financial ecosystem.

Access Bank faces charges over alleged diversion of N826 million

The charges followed an investigation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

UBA moves to join suit challenging IBEDC sale

The plaintiff also alleged conflicts of interest and is demanding specific performance of the agreements, recognition by CAC, and N100m in general damages.

Norton Rose Fulbright South Africa director Rudolph du Plessis joins The Legal 500 Hall of Fame

This honour is awarded to individuals who have received consistent praise from clients and peers for their continued excellence and leadership in their respective fields.

Court orders 54 banks to return N9.3bn stolen by hackers

The stolen funds—amounting to over N9.3bn—were then dispersed across accounts in 54 financial institutions.