Using the purchasing power parity (PPP) model to estimate the fair value of the naira, the Nigerian currency remains undervalued by about 11 percent.
This was the submission of Bismarck Rewane, managing director of Financial Derivatives Company, at the 2026 Economic Outlook of the Association of
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
