
Nigerian Naira: Valuation Gap Points to a Potential Sub-N1,000/US$1 Path Over the Next 12 Months
MDU Capital’s MZM fair-value estimate for the naira is ₦984.7 already below 1,000 and ~29% below the ₦1,385 parallel market s A re-rating toward this trend would place USD/NGN below ₦1,000


