Managers of Wealth Africa

Lawyer drags bank before CBN over alleged N550m fraud

Fixed Deposit Accounts were subsequently opened for Dr Agbai Eke Agbai with the above-mentioned account numbers.

NHI heads to court

The legislation was signed into law by President Cyril Ramaphosa on May 15.

Hogan Lovells wins top honors in four categories at the IFLR Africa Awards

The IFLR Awards showcases the exceptional accomplishments and valuable contributions within the legal and finance sectors.

Court dismisses N6.5billion debt recovery suit against Ex-Director of Intercontinental Bank

Joined as co-defendants in the dismissed suit are Stanzus Investment Ltd, Caronc Investment Ltd, Mr Stanley Ezenwa, Zephrenus Ezenwa and Chinwe Hilda Ezenwa Mbah

Former MASLOC CEO jailed 10 years in absentia for causing financial loss to the State

Her accomplice, Daniel Axim, also a former Chief Operating Officer (COO) of the same Institution, was also incarcerated for five years in hard labour.

RAF and its chair and CEO avoid being declared in contempt of court

Judge Wanless ordered the RAF to accept delivery “forthwith on 22 March 2024 before close of business” of Mabule’s documents

Binance chief: FG contacts INTERPOL, soldiers held over detainee’s escape

The escape shocked security agencies

Former Scangroup CEO Bharat Thakrar files Sh4.3bn suit over ouster

WPP, he alleges, gave Airtel Africa further defamatory and false statements

Ex-Steinhoff CEO Markus Jooste dead

Among the allegations against him, he was accused of insider trading and fraudulently booking proceeds from fake transactions at Steinhoff units between 2011 and 2015.

EFCC obtains order to track Nigerians transacting on Binance

The court handed down the order following an ex parte motion filed by the EFCC demanding information about Nigerians trading on Binance.

Unregistered agents face arrest in war on tax-evading landlords

The Estate Agents Act requires practitioners to register with the board and be issued with an annual practising certificate.

Shea butter, others from Nigeria below global standards, says WTO

The shea tree, native to the savannas of West Africa, produces the shea nut.

Court bars KRC from paying Sh2.75bn to two law firms

It is on this parcel of land where the modern Syokimau Railways Station (SGR) terminus is built.

Court reinstates regulations on credit reference bureaus

The Central Bank of Kenya (CBK) moved to the Court of Appeal contending that the entire credit information-sharing framework had been thrown into disarray as the regulator cannot enforce or implement the regulations.

Businessman charged with fraud and forgery of KMA letters remanded

In the case of the second complainant, Prince Kofi Osei, the accused person forged the KMA letter introducing him as a “Metro Climate Management officer.”

NHI Bill on the brink of being signed into law in South Africa

The legislation provides a framework for providing universal care through a state-run fund and will ban the private sector from financing treatment covered under the plan.

McKenzie once again brings home Banking & Finance Legal Adviser of the Year Award

This increased facility will support Afreximbank to expand and diversify African trade, increase trade finance, and improve the facilitation of intra-African trade and value-added exports

First Bank Top Officials Face Contempt Suit

At the hearing of the suit, the judgment Creditor/Applicant, Nyanko, through his lawyer, informed the court that the business of the court was to hear the contempt application

Banks defying dirty cash laws risk fines

For all the regulated institutions, each additional day that the violation continues attracts a penalty of Sh100,000.

Worries over South Africa’s big banks ‘let off the hook’ in rand manipulation case

The Competition Appeals Court dismissed the case against most banks accused of rigged trades involving the rand/dollar pair.