NNPC Profit Falls 35% to About US$1.7 Billion in First Half
NNPC profit fell 35.4% to N2.28 trillion, about US$1.7 billion, in the first half of 2026, with Federation Account remittances...
August 4, 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
Banking stocks lift Nigerian market by N288 billion despite broad selloff
Nigerian banking stocks added N288.44 billion in market value in a single session, reversing prior-week losses even as most equities...
August 4, 2026
Kano Assembly Passes Bill to Cap Private School Fee Increases at 10%
The Kano State House of Assembly passed a bill limiting private school fee increases to 10% and requiring parent consultation,...
August 4, 2026
Nigeria’s Market Is Being Sold Off to Buy Into Dangote
A Dangote Refinery IPO of up to US$5 billion would be Nigeria’s largest ever, repricing the NGX as funds sell...
August 3, 2026
Nigeria Signals an End to Its Power Subsidy, Then the Message Splits
Nigeria electricity subsidy is set to end from 2027, the power minister says, with no tariff rise planned. Officials dispute...
August 1, 2026
Latin America Sports Daily for Saturday, August 1, 2026
Libertadores round of 16 pairs Cruzeiro with Flamengo and Liga MX plays its last round before the Leagues Cup. Formula...
August 1, 2026
Nigerian Equities Could Gain US$1.4 Billion from Pension Reform
Nigeria's PenCom raised equity caps for RSA Funds, unlocking up to N2.18 trillion ($1.42 billion) for Nigerian equities. See the...
July 31, 2026
Africa–Latin America Trade Could Hit US$1 Trillion by 2030
East and West Africa now grow faster than the world average, forming a belt from the Gulf of Guinea to...
July 31, 2026
Tyla Drops Lagos Concert After Xenophobia Backlash
Tyla’s 22 December Lagos show vanishes from her A*POP World Tour schedule after Nigerian calls for a boycott over xenophobic...
July 31, 2026