Businesses in Lagos try to stay afloat as fuel prices soar
28 Jul 2026, 10:53 GMT
By editorial@africanews.com
Credit: editorial@africanews.com
Source URL: http://www.africanews.com/2026/07/28/businesses-in-lagos-try-to-stay-afloat-as-fuel-prices-soar/
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.