The naira closed the week stronger on Friday, November 7, 2025, trading at N1,436.57 to a United States dollar at the official foreign exchange market.
Data from the Central Bank of Nigeria (CBN) revealed that the naira gained 16 kobo, compared with Thursday’s rate of N1,436.74.
This represents a 0.01 per cent gain.
The local currency which opened the trading week with slight depreciation, experienced weeklong fluctuations.
On Monday, the currency traded at N1,436.34, losing N14.69 when compared to Friday, October 31, when it traded at N1,421.73.
Investors lose N2.8trn in one week as NGX records decline
However, the naira recovered on Tuesday, gaining N2.68 at N1,433.65 per dollar.
On Wednesday, it slightly weakened again, trading at N1,438.49 per dollar.
The local currency made another rebound on Thursday, closing at N1,436.74, before ending the week stronger on Friday.
Major General Abubakar Rabe (rtd), who was abducted alongside his wife by bandits along the…
Suspected Boko Haram/ISWAP terrorists have reportedly torched a primary and secondary school in Kautikari village,…
Katsina State Governor Dikko Umar Radda has renewed his appeal to bandits operating in the…
President Bola Tinubu has expressed sadness over the death of retired Major-General Rabe Abubakar while…
Nigerian author Chimamanda Ngozi Adichie has accused Euracare Hospital of obstructing efforts to uncover the…
The Defence Headquarters (DHQ) has confirmed the death of retired Major General Rabe Abubakar, who…
This website uses cookies.