The naira closed the year 2025 on a positive note at the official foreign exchange market, strengthening against the United States dollar on Wednesday.
Data from the Central Bank of Nigeria showed that the local currency traded at N1,435.75 to the dollar, gaining N9.93 by the end of trading. This marked a 0.7 per cent appreciation compared to Tuesday’s closing rate of N1,445.68.
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A senior official of the apex bank attributed the improved performance to better liquidity conditions and renewed market confidence, noting that seasonal foreign currency inflows helped support stability during the yuletide period.
Market analysts also described the gains as a strong finish to the year, saying the festive season saw relatively calm trading conditions. They added that while optimism remains cautious, the naira’s performance at the close of 2025 provides a positive signal for trading activities in the early weeks of 2026.
