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Africa.Table Feature Middle East conflict

War with Iran: How the escalation in the Middle East is threatening Nigeria’s fragile economic recovery

The escalation in the Middle East is posing economic challenges for Nigeria. Rising import prices and capital flight are threatening the country’s hard-won economic recovery.

SJ
Silas Jonathan
20. March 2026
The Dangote Refinery in Lagos. (picture alliance / ASSOCIATED PRESS | Uncredited)

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Last updated: 20. March 2026

Nigeria
Foreign trade
Economy
Oil industry
Inflation