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

FIFA: England-Mexico World Cup game kickoff time unchanged

England's World Cup last-16 match against Mexico will kick off at its originally scheduled time…

49 minutes ago

Troops recover firearm, military gear in Imo forest

Nigerian Army troops have uncovered a suspected criminal camp in Imo State, recovering a firearm,…

1 hour ago

Peter Obi blames insecurity, poor leadership for deepening hunger in North

Peter Obi has expressed concern over worsening food insecurity in northern Nigeria, warning that the…

2 hours ago

SEC admits seven crypto firms into regulatory incubation programme

The Securities and Exchange Commission has admitted seven digital asset companies into its Accelerated Regulatory…

2 hours ago

NNPC begins due diligence on Chinese refinery partnership

The Nigerian National Petroleum Company Limited has commenced the evaluation phase of its proposed partnership…

2 hours ago

Nollywood actress Ade wins N30m suit against Google over Dino Melaye dating reports

Nollywood actress Adunni Ade has announced that she won a ₦30 million court judgment against…

2 hours ago

This website uses cookies.