Categories: Business

Naira closes 2025 higher at official market

The naira closed 2025 stronger against the United States dollar on Wednesday, December 31, trading at N1,435.75 at the official foreign exchange market.

The Central Bank of Nigeria (CBN) data showed the naira gained N9.92, marking continued firmness at year end.

It 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 for the naira capped a positive festive period, adding that cautious optimism would guide early 2026 trading.

The Star

Segun Ojo

Recent Posts

Three-storey building collapses in Abuja after sealing

A three-storey commercial building has collapsed in Abuja’s Wuse Zone 4, just hours after officials…

30 minutes ago

Buhari was betrayed by sycophants — Lawal Daura

Former Director-General of the Department of State Services, Lawal Daura, has defended the administration of…

38 minutes ago

NAFDAC links Chinese to fake goods surge

The National Agency for Food and Drug Administration and Control (NAFDAC) has raised fresh concerns…

42 minutes ago

Sokoto protest erupts over Islamic cleric’s detention

A protest by youths demanding the release of Islamic cleric Dahiru Mai Barewa caused temporary…

1 hour ago

Troops intercept terrorist supplier with motorcycles, 450 litres of fuel

Troops conducting counter-terrorism operations in Katsina State have arrested a suspected supplier of logistics to…

10 hours ago

Iran to announce restricted zone outside Strait of Hormuz

Iran on Monday said it would announce a restricted zone outside the Strait of Hormuz…

10 hours ago

This website uses cookies.