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Businesses in Lagos try to stay afloat as fuel prices soar

28 Jul 2026, 10:53 GMT By editorial@africanews.com
Businesses in Lagos try to stay afloat as fuel prices soar
Credit: editorial@africanews.com

Lagos is almost six thousand kilometres from the Strait of Hormuz but the ongoing conflict in Iran is hitting the Nigerian city hard. Electricity almost never comes and the rising price of fuel is bringing many businesses to a near standstill.