Fraudulent Deals: AfDB Debars China Zhonghao

May 16, 2020 481

Breaking News Corporate Governance

The African Development Bank ( AfDB) has debarred China Zhonghao Limited, a Chinese construction company with a lot of interest on the African continent from bidding for construction contracts financed by the bank,May 14. This follows an indictment of China Zhonghao for fraudulently misrepresenting its year of incorporation, value of its reference contracts and cognate Continue Reading

West African Regulators Issue Guidelines For Cross Border Fixed Income Securities

April 20, 2020 425

Banking & Finance Corporate Governance

The Securities and Exchange Commission SEC, Nigeria on behalf of West African Securities Regulators Association, WASRA has released the guidelines for the issuance of cross-border fixed income securities in West African sub region, April 15,2020. SEC said that the WASRA guidelines which have been issued as a policy document would set the rules for any […]Continue Reading

TA Associates Acquire Minority Equity In Interswitch

March 7, 2017 419

Banking & Finance Corporate Governance

TA Associates, a leading global growth private equity firm, today announced it has acquired a minority equity interest in Interswitch, an Africa-focused integrated digital payments and commerce company. Financial terms of the transaction were not disclosed. Helios Investment Partners will remain the majority shareholder of Interswitch,Fintech Africa reports. Founded in Continue Reading

‘Shettima’ Abba Gana —The Return of A Corporate Con Artist?

December 13, 2016 1213

Corporate Governance

      Umar Abba Gana By Sanya Ademiluyi, editor One of the country’s most infamous corporate con artists is back. Shockingly, this time, he is at the head of the country’s critical revenue agency, the Federal Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC. He is Shettima Abba Gana, currently the acting Executive Chairman of […]Continue Reading

The Lies Against FRC and Its CEO

November 27, 2016 582

Breaking News Corporate Governance

Jim Obazee By Istifanus Isah Some faceless but powerful persons recently launched a campaign of calumny against the Financial Reporting Council of Nigeria, FRC and in particular, its Executive Secretary/CEO,Jim Obazee. Their aim is to rubbish the integrity of Obazee and put FRC into disrepute. As you may well know FRC is the government agency […]Continue Reading