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Macroeconomy
Dele Oye: Naira Vulnerable Amid $4.4bn Week-Long FX Turnover, Alleges Dollarisation, Structural Weaknesses
THISDAY
Aug 3, 2026 · 03:00 WAT
AERE Chairman Dele Oye warned that the naira remains vulnerable despite $4.4 billion in foreign-exchange turnover recorded over one week. He attributed the weakness to dollarisation and structural deficiencies, raising a macroeconomic issue relevant to investors assessing currency exposure and operating conditions for Nigerian listed companies.