Richard Nii Armah Quaye : popularly known as RNAQ : is the founder of RNAQ Holdings, whose subsidiaries include Bills Microcredit and Quick Angel Limited. He didn't build his public profile through business headlines alone, but through an extravagant lifestyle: gifting cars to employees, handing out gold to strangers, driving luxury vehicles, and flying in private jets. His lavish birthday party in March 2025, which featured performances by Davido, Stonebwoy, and Diamond Platinumz, cemented his status as one of Ghana's most talked-about businessmen.
By April 2026, however, RNAQ is trending for a very different reason.
He is at the centre of a controversial divorce from his ex-wife, Joana Coffie : the woman who stood by him long before the wealth arrived. Ghanaians have reacted with outrage after a High Court ruling slashed her proposed settlement from GH₵50 million down to just GH₵300,000.

Humble Beginnings

According to court records, Richard was selling at a local drinking spot in front of his house when he and Joana first met , introduced through his sister while she was in her final year of SHS.
Their early years together were defined by sacrifice. Joana's cousin, in a widely circulated TikTok video, explained that Joana gave up her admission slot at UPSA : allegedly at Richard's request pausing her education to work and support him while he completed his studies in Ghana and later pursued his Master's degree in the UK.
By all accounts, they were an unstoppable team.

The Divorce

Joana's legal team described a marriage that, beneath its successful exterior, was increasingly defined by persistent abuse and domestic violence spanning approximately eleven years.
On December 9, 2025, Joana lodged a formal complaint with the Ghana Police Service detailing her experiences. Her lawyers followed up on April 14, 2026, urging authorities to expedite investigations. Among the incidents cited was an alleged attempt by RNAQ to forcibly break down a bedroom door at their Dansoman residence : allegations that were also entered as evidence during the divorce proceedings.
For his part, RNAQ reportedly described himself as a "victim of my own success" : a framing that, intentionally or not, positions his wealth as a burden that complicated the marriage.

The Fight for the Empire

At the heart of this case is Quick Credit & Investment Micro-Credit Company Limited. Founded in 2011 and later rebranded as Bills Micro Credit Limited, the company is widely regarded as the launchpad from which RNAQ built his business empire : properties in Trassaco Estate, East Legon, and other upscale Accra neighbourhoods, a fleet of luxury vehicles, and a private jet.
Joana's legal team, led by former Attorney-General Godfred Yeboah Dame of Dame & Partners, argued that Quick Credit was jointly established by both parties. Joana was listed as an original shareholder : until her shares were quietly transferred out of her name. Her lawyers describe this as a "secret and illegal" transfer, fully documented in the court filings.
On this basis, Joana's team requested the following:

  • On this basis, Joana's team requested the following:
  • A 50% share of all assets acquired during the marriage
  • Properties including the Dansoman house and other properties acquired during the marriage
  • Luxury vehicles
  • Adequate maintenance and child support for their three children
  • Formal recognition of her direct contributions (financial, supervisory, business involvement) and indirect contributions (domestic support and early-year sacrifices)
  • Payment of her legal costs

RNAQ's position, as inferred from court documents and his viral interview on The Delay Show with Deloris Frimpong Manso, was markedly different:

  • He sought a clean dissolution with minimal disruption to his businesses, arguing he was already financially stable before the marriage
  • He challenged Joana's claim to a share of his wealth on the same basis
  • He proposed GH₵2,000 per month for all three children combined
  • He preferred an amicable, out-of-court settlement over a prolonged legal battle

The High Court Ruling: GH¢300,000 and a Sharp Message

On January 20, 2026, Justice Kofi Dorgu of the Accra High Court delivered judgment after four years of litigation. The ruling dissolved the marriage and awarded Joana the following:

  • GH¢300,000 lump sum
  • One-third ownership of the Dansoman matrimonial home (RNAQ retained two-thirds)
  • Two Jaguar FX vehicles
  • GH¢5,000 per month for the upkeep of their three children
  • GH¢10,000 in legal costs
  • Full custody of the three children, with RNAQ ordered to cover most child-related expenses

Justice Dorgu emphasised that "marriage is not an investment" and rejected the GH¢50 million claim, citing insufficient evidence.

Joana's Appeal

Joana described the judgment as "strange" and the settlement as inadequate and unfair, given the volume of evidence she presented to prove her contribution to her husband's success over 16 years of marriage.
Her appeal challenges the court's refusal to "pierce the corporate veil" of Quick Credit and its successor entities. Her lawyers argue that despite compelling evidence of joint ownership, the judge failed to properly account for her direct financial contributions, her indirect contributions through domestic support, and the illegal transfer of her shares.
Joana engaged new legal representation, and on April 1, 2026, Dame & Partners filed a Notice of Appeal at the Court of Appeal in Accra. She is asking the appellate court to set aside the January 20 judgment entirely and to grant her an equitable share of all assets acquired during the marriage : including shares and beneficial interests in every company linked to RNAQ.
Her lawyers say their client "will continue to maintain her silence and place her faith in the justice system of Ghana," expressing confidence that justice will ultimately prevail.
We will keep you updated as the appeal progresses.

Why This Case Matters

For now, the saga continues. RNAQ flaunts his lifestyle, Joana maintains her courtroom silence, and Ghana watches : arguing, analysing, and waiting to see whether the Court of Appeal will rewrite the ending of this story. What is clear is that the RNAQ and Joana Quaye divorce has become more than a celebrity split. It is a mirror held up to Ghanaian society, reflecting complicated truths about love, money, power, and how we value the people who were there before the success.