Breaking

Naira Exchange Rate Ends 2025 Stronger at Official Market



The naira on Wednesday closed 2025 stronger against the US dollar, trading at N1,435.75 at the official foreign exchange market.

Central Bank of Nigeria data showed that the currency gained N9.93, marking continued firmness at the year end.

This followed Tuesday’s close of N1,445.68, translating to a 0.7 per cent day-on-day appreciation.

A CBN official said the movement reflected improved liquidity and confidence, noting that “seasonal inflows supported stability during the yuletide.”

Market analysts said the sustained gains capped a positive festive period, adding that cautious optimism would guide early 2026 trading.

(NAN)

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: [email protected]



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button