Nigeria's NBS reported a trade surplus while the US declared war on Iran, escalating the Strait of Hormuz crisis.

The entities involved

• Nigeria →

  sovereign state in West Africa

  • Nigeria's Federal Capital Territory Administration is tightening security measures in the nation's capital, Abuja.Mon 17:52
  • Program coverage includes the capital territory of Abuja.Mon 17:52
• United States of America →

  vocal track by Kikki Danielsson; 1980 studio recording

  • An MoU was signed in Islamabad, mediated by Sharif, aiming to resolve differences between Iran and the US.Mon 09:56
  • The US and Iran reached an agreement ensuring Lebanon's integrity, concurrent with the US removing a naval blockade on Iran.Mon 07:10

Related events

• The Iran war caused petrol price spikes, and Northern Nigeria is identified as a region of Nigeria.Sep 22
• Nigeria's oil revenue is tied to Middle East stability amid escalating hostilities and US-Iran conflict.Sep 9
• US signals regarding talks between the US and Iran are affecting global oil prices, which in turn impacts Nigerian fuel costs.Jun 15
• Global oil shock, driven by the Iran conflict and Strait of Hormuz closure, is driving up domestic fuel costs and forcing central banks to pivot.Jul 2
• Geopolitical tensions are affecting oil prices in the region, involving Nigeria and the Middle East.Jun 20