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‘Naira to remain under pressure against dollar in 2026’ - DAILY TRUST

JANUARY 08, 2026

By Philip Shimnom Clement

Naira is expected to remain under pressure against the United States dollar in 2026, according to the Chief Economist of the Frica Export Import Bank, Yemi Kale, 

He made the disclosure while speaking as a keynote speaker at the FirstBank Nigeria Economic Outlook 2026.

His report outlines three scenario-based forecasts for the USD/NGN exchange rate, reflecting varying assumptions around oil prices, foreign-exchange (FX) inflows, inflation trends, and policy consistency.

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