African Tech Funding Cools as Second-Quarter Deals Drop
African tech funding fell 40% in the second quarter of 2026 to about $260 million, a cooling that has founders...
July 2, 2026Section
Nigeria News in English
Nigeria news in English from The Rio Times — Lagos and Abuja politics, economy, oil and markets.
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Nigeria Makes E-Invoicing Compulsory for Its Biggest Companies
Nigeria e-invoicing became mandatory for companies turning over 5 billion naira or more from 1 July 2026, as the tax...
July 2, 2026
The World’s Top Sports Cars Turn Interlagos Into Business Again
The 6 Hours of São Paulo brings the world endurance championship to Interlagos on July 10 to 12, a global...
July 2, 2026
Who Gets to Belong: Citizenship and Dissent This Week
An American court widened the circle of belonging while African courts were used to narrow it, posing the oldest question...
July 2, 2026
Africa Posts Its Strongest Deal Quarter in Four Years
African dealmaking rebounded to its strongest quarter in four years, with $4.53 billion across 89 M&A and private-equity deals, led...
July 2, 2026
How Afrobeats Turned Into One of Nigeria’s Biggest Exports
The Afrobeats export now earns Nigeria about $600m a year in music revenue, as festivals, streaming and world tours turn...
July 2, 2026
Nigeria’s Stock Market Ends the Half-Year as Africa’s Best
The Nigerian stock market ended the first half of 2026 as Africa's best performer, returning about 59.5% in dollars despite...
July 1, 2026
Kenya Overtakes Nigeria as Africa’s Startup Capital
Kenya startup funding has overtaken Nigeria, with $984 million raised in 2025 and the country leading Africa's $1.5 billion of...
July 1, 2026
Nigeria’s Oil Output Climbs Past Its OPEC Quota
Nigeria oil production hit a 15-month high in May 2026, topping its OPEC quota at about 1.7 million barrels a...
June 29, 2026