Middle East war triggers fuel, food price surge as Nigerian traders warn of deeper crisis

Nigeria’s fragile economy came under renewed strain in March 2026 as a Middle East conflict sent global oil prices soaring, triggering sharp increases in fuel costs, transport fares and the prices of everyday goods, according to a new report by SBM Intelligence. The report, “Epic Fury, Naija’s Burden: How a Middle East War Broke Nigerian […]

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