Story perspectives

Sawiris Closes UK Office, Nigeria Bank Scandal, Ghana 5G Launch

4/25/2026

Summary

Story summary

Nassef Sawiris closes office, ending UK tax-status exit; a lobby backs Tokyo Sexwale for ANC president before 2027.
EFCC arrests Skye Bank chair Tunde Ayeni for diverting N36.5 billion and $30 million; Bank for Africa reports a N405 billion profit in 2025, 47% lower than 2024.
Equity Group CEO James Mwangi warns Hormuz fertilizer shortages could cause an economic crisis; Reliance’s Radisys launches a 5G backbone in Accra, Kumasi and Tamale March 2026.

1 of 1

Story summary

Nassef Sawiris closes office, ending UK tax-status exit; a lobby backs Tokyo Sexwale for ANC president before 2027.
EFCC arrests Skye Bank chair Tunde Ayeni for diverting N36.5 billion and $30 million; Bank for Africa reports a N405 billion profit in 2025, 47% lower than 2024.
Equity Group CEO James Mwangi warns Hormuz fertilizer shortages could cause an economic crisis; Reliance’s Radisys launches a 5G backbone in Accra, Kumasi and Tamale March 2026.