Power Meets the Law: Africa’s Governance Ledger
A split-screen week in Africa: a former Nigerian oil minister was cleared in London while Zimbabwe's parliament voted to extend...
June 19, 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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Femi Otedola Lifts First HoldCo Stake to 20.42% in Bank Push
Femi Otedola has raised his First HoldCo stake to 20.42% after a N45 billion ($32.8m) placement, deepening his grip on...
June 19, 2026
African Artists Fly the Flag at the 2026 BET Awards
African artists dominate the 2026 BET Awards field, with Burna Boy, Wizkid, Asake, Tems and Tyla nominated ahead of the...
June 19, 2026
Seplat Energy Names Tony Elumelu Chairman in a Nigerian Oil Power Shift
The Seplat Energy leadership shake-up names Tony Elumelu chairman from 2027 and Effiong Okon CEO, marking a power shift in...
June 16, 2026
Nigeria’s Capital Inflows Nearly Double to $10.37 Billion — But Most Is Hot Money
Nigeria capital importation jumped 83.8% to $10.37 billion in Q1 2026, but 95% was portfolio inflows and just 1.3% foreign...
June 13, 2026
United Capital: A Nigerian Bank Cracks Open Ethiopia’s Financial Frontier
United Capital, backed by Tony Elumelu, has won Ethiopia's first foreign investment-banking licence, a milestone as Addis Ababa opens its...
June 12, 2026
Dangote’s Refinery Hits Full Throttle Just as Its IPO Nears
The Dangote refinery topped its rated capacity for the first time, a milestone landing just as Africa's richest man prepares...
June 12, 2026
Colombia Was Not on the Pitch, but Its Stars Opened the World Cup
Colombian artists Shakira and J Balvin lit up the World Cup opening in Mexico, a reminder of how far the...
June 12, 2026
Tinubu’s Nigeria Fuel Subsidy Gamble Falters as Petrol Hits ₦1,596 a Litre
Nigeria fuel subsidy removal has pushed petrol to ₦1,596 (US$1.20) a litre as Dangote Refinery's supply role grows, squeezing household...
June 3, 2026