Categories: Business

Naira closes week at N1,436/$ in official market

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.

The Star

Segun Ojo

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