Billionaire Femi Otedola predicts stronger naira as Dangote Refinery reaches full capacity
Billionaires Africa | 14.02.2026 17:20
Nigerian billionaire investor Femi Otedola says the naira could strengthen to below N1,000 per dollar before the end of the year, pointing to the full operational capacity of the Dangote Petroleum Refinery as a major economic turning point. He described the development as a transformative shift capable of easing pressure on Nigeria’s foreign exchange market and reducing reliance on imported fuel.
