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Representative image of gold bars and tanker traffic in the Strait of Hormuz, illustrating why gold prices climbed to a one-month high even as the waterway was declared completely open.

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British Steel export shipments at Lagos port as UK Export Finance backs £746m UK–Nigeria ports deal—Apapa and TinCan Island upgrades drive infrastructure trade growth (representative image)

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British Steel lands biggest UKEF-backed export order as UK-Nigeria ports deal reaches £746m

UK Export Finance guarantees £746m to redevelop Lagos Port Complex and TinCan Island Port, securing £70m record order for British Steel. Signed 19 March 2026.

March 19, 2026

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