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Iran's Rial Hits Historic Low of 1.8 Million to the Dollar: Tracing the Roots of a Long Decline.
Historically, the Iranian rial maintained greater stability before the 2010s.
Iran
Latest Iran news and updates from Kebbi State, Nigeria.
Last updated: May 1, 2026
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Iran War Oil Price Surge 2026: Why Nigeria is Losing Billions Despite High Crude Prices – Marketers Hiding Behind the War?
Oil prices jumped from ~$65 in February to over $110 in April 2026 due to the Iran war and Strait of Hormuz blockade. Nigeria misses OPEC quota, loses $3.4bn, imports crude for Dangote Refinery, while jet fuel soars and airlines hike fares. Full analysis.
By Ekemini Thompson • Apr 15