9 d. ago Sam Jonah Petitions Foreign Minister Over Nigerian Business Takeover Allegations

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/sam-jonah-petitions-foreign-minister-over-nigerian-business-takeover-allegations/Ghanaian industrialist Sam Jonah has formally petitioned Foreign Affairs Minister Samuel Okudzeto Ablakwa over alleged unlawful actions by Nigeria’s Corporate Affairs Commission that he claims threaten his ownership interests in JonahCapital Nigeria Limited and Houses for Africa Nigeria Limited. The detailed 11 page petition dated December 13, 2025, outlines a complex dispute over River Park […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/sam-jonah-petitions-foreign-minister-over-nigerian-business-takeover-allegations/

Politics

1 week ago Jonah Capital accounts blocked in Nigeria, leaving 200 workers unpaid

Kojo Ansah Mensah, Managing Director and CEO of Jonah Capital, says the company’s operations have been hit hard by the ongoing investment dispute in Nigeria, revealing that staff salaries have been halted after alleged fraudulent documents were used to interfere with the firm’s bank accounts. The revelations come over renewed diplomatic efforts by Ghana to intervene after businessman Sir Sam Jonah formally petitioned the Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, on December 13, 2025. In his 11-page petition, Sir Jonah accused Nigeria’s CAC of unlawfully expropriating his shares in the Abuja-based River Park Estate project and sidelining court processes. The petition urges the Ghanaian government to engage Nigerian authorities, alert ECOWAS to possible breaches of regional investment protections, and demand a reversal of the CAC’s actions to safeguard millions of dollars in Ghanaian-led investments.

Politics

1 week ago Shares worth over $50m illegally removed — Jonah Capital CEO accuses Nigerian CAC boss

Kojo Ansah Mensah, Managing Director and CEO of Jonah Capital, has accused the head of Nigeria’s Corporate Affairs Commission (CAC) of committing what he describes as a “grievous crime” by allegedly altering company records and expropriating shares belonging to the firm. The escalating dispute follows a formal petition by Ghanaian statesman Sir Sam Jonah to Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa. In the petition dated December 13, 2025, Sir Jonah asked the government to intervene diplomatically after what he described as the unlawful seizure of his investments in Abuja’s River Park Estate by the CAC.

Events

1 week ago Ghana moves to prevent strained ties with Nigeria as Sam Jonah investment dispute heads to ECOWAS — High Commissioner

Ghana’s High Commissioner to Nigeria, Baba Jamal, says the government is taking every diplomatic step necessary to protect its longstanding relationship with Nigeria while seeking justice in the investment dispute involving businessman Sir Sam Jonah. The diplomatic escalation follows a formal 11-page petition submitted on December 13, 2025, by Sir Sam Jonah to Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa. The businessman accuses the Nigerian CAC of expropriating his shares in Abuja’s River Park Estate, undermining court processes, and breaching regional investment protections. His petition urges Ghana to intervene at the highest diplomatic levels, citing millions of dollars in Ghanaian-led investments allegedly threatened by the actions of Nigerian authorities.

Events

1 week ago Ghana moves to prevent strained ties with Nigeria as Sam Jonah investment dispute heads to ECOWAS

Ghana’s High Commissioner to Nigeria, Baba Jamal, says the government is taking every diplomatic step necessary to protect its longstanding relationship with Nigeria while seeking justice in the investment dispute involving businessman Sir Sam Jonah. The diplomatic escalation follows a formal 11-page petition submitted on December 13, 2025, by Sir Sam Jonah to Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa. The businessman accuses the Nigerian CAC of expropriating his shares in Abuja’s River Park Estate, undermining court processes, and breaching regional investment protections. His petition urges Ghana to intervene at the highest diplomatic levels, citing millions of dollars in Ghanaian-led investments allegedly threatened by the actions of Nigerian authorities.

Politics

1 week ago Sir Sam Jonah seeks intervention from Ghana’s Foreign minister over alleged seizure of investments in Nigeria

Sir Sam Jonah, a Ghanaian businessman, has formally petitioned the Minister for Foreign Affairs, Hon. Samuel Okudzeto Ablakwa, seeking urgent diplomatic intervention over the alleged unlawful seizure of his investments in Nigeria by that country's Corporate Affairs Commission (CAC). In a detailed 11-page "Concise Summary" dated December 13, 2025, Sir Jonah outlines a complex dispute over Abuja's River Park Estate, accusing Nigerian authorities of expropriating his shares and sidelining the courts.

Politics

1 week ago Sam Jonah petitions Nigeria’s trade minister over alleged unlawful seizure of his company shares

Ghanaian business magnate, Sir Sam Jonah, has petitioned Nigeria's Minister of Industry, Trade and Investment, alleging the "unlawful expropriation" of his shares in two Nigerian companies by the country's Corporate Affairs Commission (CAC). In a formal complaint dated December 8, 2025, addressed to Dr Jumoke Oduwole, Jonah accuses the Registrar-General of the CAC, Hussaini Ishaq Magaji (SAN), of extrajudicially removing directors and invalidating decades of corporate filings for JonahCapital Nigeria Ltd and Houses For Africa Nigeria Ltd. The petition claims these actions, which revert the companies' status to their 2006/2007 incorporation dates, were taken despite an active court case and a pending injunction served on the CAC, a move Jonah says undermines the judicial process.

Politics

2 w. ago Investors Face Artificial Intelligence Profit Verification Test in Twenty Twenty Six

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/investors-face-artificial-intelligence-profit-verification-test-in-twenty-twenty-six/Artificial intelligence investments are entering a critical verification phase as investors demand tangible earnings evidence following recent stock market turbulence triggered by disappointing technology sector results. The shift signals a fundamental transition from enthusiasm driven valuations to performance based assessments across the sector. Oracle shares plummeted 11 percent on Thursday after the company reported quarterly […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/investors-face-artificial-intelligence-profit-verification-test-in-twenty-twenty-six/

Economics

2 w. ago Atlantic Lithium CEO Receives Over 217,000 Shares From Performance Rights

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/atlantic-lithium-ceo-receives-over-217000-shares-from-performance-rights/Atlantic Lithium issued 217,720 ordinary shares to Chief Executive Officer Keith Muller on Wednesday, December 11, 2025, following the exercise of performance rights that vested in November under the company’s employee incentive scheme. The shares were granted on December 28, 2023, under the Atlantic Lithium Limited Rights Plan and vested on November 21, 2025. Following […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/atlantic-lithium-ceo-receives-over-217000-shares-from-performance-rights/

Politics