The Iran war’s long shadow over Nigeria’s FX and cross-border trade

BusinessDay | 26-08-2026 05:15pm |

The conflict between the United States and Iran, which began in late February, has had significant repercussions for Nigeria's foreign exchange market and cross-border trade. The war has caused volatility in global energy prices, affecting Nigeria's economy. Analysts are monitoring the situation closely as it continues to impact trade relations and currency stability.

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