Dangote Forecasts Naira Appreciating to N1000 per US Dollar in 2026

Dangote forecasts Naira appreciating to N1000 per US dollar in 2026

The Chairman of the Dangote Group and Africa’s richest man, Aliko Dangote, has forecast that the Nigerian naira would appreciate to N1,100 per dollar in the current year (2026). Dangote said this on Tuesday at the launch of the Nigeria Industrial Policy in Abuja. According to him, sustained reforms by President Bola Ahmed Tinubu’s government mean better days are ahead. He said results have started trickling in, noting that manufacturers are very…

Dangote, Otedola Project Strenghtening of Naira toward ₦1,100/$1

After years of FX volatility, multiple exchange rates, and confidence erosion, Nigeria may be entering what can be described as a repricing cycle — where domestic production capacity, energy self-sufficiency, and policy reforms begin to reshape the currency trajectory and stengthen the Naira.

Dangote predicts naira will appreciate to N1,100/$ this year

Aliko Dangote, chairman of the Dangote Group, has predicted that the naira will strengthen to N1,100 per dollar in 2026.   Dangote spoke on Tuesday during the launch of the national industrial policy 2025 by the federal government.   The naira has strengthened in recent weeks, appreciating to N1,335.95 per dollar at the official market and N1,380/$ at the black market on Tuesday.   Commenting on the development, the billionaire businessman said …

Dangote: Naira Could Gain N1,100/$ by end of 2026 - Tech

Aliko Dangote, the chairman of Dangote Group, has projected a significant recovery for the Nigerian Naira, suggesting it could strengthen to N1,100 per dollar by the close of 2026. Speaking on Tuesday, February 17, at the launch of the National Industrial Policy 2025, Dangote expressed optimism that current government reforms are beginning to yield tangible results for the manufacturing sector. Despite the Naira closing at N1,335.96 in the offic…

StatePress NG: Exchange Rate shock looms as Dangote foresees N1,100 to $1

Aliko Dangote predicts naira at N1,100 this year

Aliko Dangote has projected a sharp strengthening of the naira this year, saying the currency could trade at around N1,100 to the dollar if current economic reforms continue.The billionaire chairman of the Dangote Group made the remarks in Abuja during the launch of Nigeria Industrial Policy, an event attended by Vice President Kashim Shettima and senior government officials.Dangote said early results from government policy adjustments were alre…