February 28, 2026
Naira May Exchange At 1,000 To One Dollar In Weeks, Says President Tinubu
Business News

Naira May Exchange At 1,000 To One Dollar In Weeks, Says President Tinubu

Naira May Exchange At 1,000 To One Dollar In Weeks, Says President Tinubu

President Bola Tinubu says the naira could trade at N1000/$1 in a matter of weeks. He made the statement at the Renewed Hope Ambassadors Summit in Abuja.

He said ongoing reforms have restored fiscal stability and strengthened the economy. The President added that recent intervention by the Central Bank helped maintain market balance.

Tinubu noted that five of Africa’s seven major investment decisions last year were in Nigeria. He said the N58.18 trillion budget will drive capital projects, boost security and support economic growth.

Also Read: President Tinubu Approves Posting of Ambassadors to US, UK, France, Turkey

He urged Renewed Hope Ambassadors to promote government policies and counter misinformation. The President also called for unity and peace across the country.

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