The naira closed the week slightly weaker on Friday, December 5, 2025, recording a loss of N2.60 against the United States dollar at the official foreign exchange market.
Data released by the Central Bank of Nigeria (CBN) showed that the naira settled at N1,450.42.
The latest closing rate represents a 0.17 per cent depreciation when compared with Thursday’s level of N1,447.82, which itself showed limited pressure on market stability.
Netflix to buy Warner Bros for $72bn
On Wednesday, the local currency exchanged at N1,447.64, marking a 0.1 per cent decline as demand for the dollar continued to outweigh available supply.
The naira had earlier traded at N1,445.39 on Tuesday, representing a 0.2 per cent loss when set beside Monday’s rate of N1,448.43 per dollar.
The week’s movements highlight ongoing fragility in the official window, where modest fluctuations have become increasingly common in recent months.
The operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a 38-year-old notorious…
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted consignments of cocaine concealed…
The National Security Adviser (NSA), Malam Nuhu Ribadu, has said the collaboration between the Federal…
A fire incident occurred at Terminal 2 of the Murtala Muhammed International Airport, Lagos, on…
Prominent Kannywood filmmaker and director, Malam Aminu Saira, has married a second wife. Saira tied…
The Nigerian entertainment industry is mourning the death of veteran Juju and Highlife musician, Iyun…
This website uses cookies.