The naira ended the trading week on a bearish note Friday, June 13, 2025, closing at N1,549.35 to the United States dollar at the official market.
Data from the Central Bank of Nigeria’s (CBN) website showed that the naira lost N9.62k against the dollar.
This marks a 0.6 per cent loss compared to the N1,539.72 per dollar recorded on Wednesday, June 11, before the Democracy Day break.
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The naira, which had seen relative stability since December 2024, showed signs of fluctuation during this week’s trading session.
Following the holiday, the foreign exchange market opened on Tuesday and Wednesday before closing again for the June 12 holiday.
On Tuesday, the local currency traded at N1,540.04, representing a 0.8 per cent gain from N1,553.11, the closing rate on Thursday, June 5.
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