Nigeria Economy 2026 — Dangote Cut the Petrol Import Bill by 96 Percent
Tinubu's reforms are reshaping Nigeria's economy as the Dangote refinery cuts the petrol import bill by 96% in early 2026,...
September 4, 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’s Central Bank Cut a Rate Its Market Was Pushing Higher
Nigeria treasury bills cleared at 17.15 percent for one year, a 44 basis point cut, after bids of N3.63 trillion...
August 29, 2026
Nigeria Is Back in the FTSE Frontier Index, Three Years On
Nigeria frontier market status returns on 21 September after FTSE Russell cleared the settlement cycle, three years after the country...
August 28, 2026
Nigeria’s Exports to China Jump 81% After Tariffs End
Nigeria China trade hit US$17.4 billion in the first half of 2026 as exports to China jumped 81% to US$2.25...
August 26, 2026
Shell and NNPC Sign Terms for US$21 Billion Bonga Project
NNPC, Shell, Esso and Agip signed addenda for Bonga South West Aparo, a deepwater project that could draw US$21bn and...
August 26, 2026
US$286 Million in African Music Royalties Goes Missing Every Year
African music royalties worth US$286 million go uncollected each year in Kenya and Nigeria alone. A new US programme is...
August 26, 2026
Foreigners Are Just 5.6% of Nigeria’s Record Stock Rally
Foreign investors were 5.60% of Nigeria stock market trades in July 2026, the year's low, while the index rose 53.81%...
August 25, 2026
Nigeria’s Biggest Banks Cannot Publish Their Half-Year Accounts Yet
Nigeria bank results for the first half of 2026 have slipped to late September and October at GTCO, Zenith and...
August 21, 2026
Nigeria and United States Open Talks on Religious Freedom Designation
Nigeria and the United States held their first joint working group session in Abuja on 22 January 2026 to address...
August 14, 2026