Nigeria’s Banks Lose Their Crown as Profits Fall 16%
Nigerian banks saw combined 2025 profits fall 16.4% to $2.24B as Kenya rose 28.9% and South Africa 14.9%. Naira tailwinds...
June 24, 2026Section
Nigeria News in English
The Rio Times covers Nigeria daily in English — the naira, oil, politics and business in Africa’s largest economy. Today’s Nigeria news in English, updated every day, with market data and analysis for international readers.
Browse by themeAfrica Critical Minerals · Africa Energy · Africa Markets & Investment · Africa & Latin America · Africa & the Great Powers · Doing Business & Living in Africa
One Oil Shock, Two Africas: How a Single Price Move Split a Continent
A single oil-price move split Africa into exporters who gained and importers who paid. Lenders cut the 2026 forecast. Here...
June 23, 2026
More Benin Bronzes Head Home as Returns Gather Pace
The Benin Bronzes return gathers pace in 2026 as three Swiss museums sign over 28 looted pieces and Nigeria builds...
June 23, 2026
Africa Oyé Brings the Continent’s Music to Liverpool
Africa Oyé returns to Liverpool's Sefton Park June 20-21, 2026 with Fatoumata Diawara, Patoranking and 100+ stalls — all completely...
June 23, 2026
Salmones Camanchaca S.A
A Chilean company raises salmon in some of the coldest, cleanest fjords on earth, sells the fish to 76 countries,...
June 23, 2026
Nigeria’s $5 Billion UAE Swap Worries the IMF
Nigeria's UAE swap deal with First Abu Dhabi Bank seeks $5 billion via a total return swap. The IMF warns...
June 23, 2026
Morocco Hosts an Expanded Women’s AFCON in 2026
Women's AFCON 2026 runs July 25 to August 16 in Morocco, with 16 teams and holders Nigeria chasing a 10th...
June 22, 2026
African Films Sweep the Prizes at Tribeca 2026
African films at Tribeca 2026 swept top prizes, from a Cameroonian documentary to Kenyan and Nigerian co-productions, marking the continent's...
June 22, 2026
Nigeria’s Reserves Hit a 17-Year High of $51 Billion
Nigeria's external reserves hit a 17-year high of $51.04 billion on June 18, 2026, up 35% in a year, yet...
June 22, 2026