February 3, 2026
Home Posts tagged Mogaji Wole Arisekola
BUSINESS

The Rise of the Naira and the Fall of Common Sense

By Mogaji Wole Arisekola. Today, the Naira–Dollar exchange rate has fallen to ₦1,450 per dollar—the lowest level since June 2024. My inbox has been flooded with questions: “Mogaji, why is the dollar crashing?” But let’s be clear: the dollar isn’t crashing. It’s the Naira that is finally appreciating in value, and honestly, this doesn’t surprise […]