Naira Ends 2025 Stronger, Closes at N1,435/$ at Official Market
The Nigerian Naira concluded the 2025 financial year on a positive trajectory, recording a notable appreciation against the United States Dollar at the official foreign exchange market.
Data obtained from the Central Bank of Nigeria (CBN) indicates that the local currency strengthened to close at N1,435.75 per dollar on Wednesday, December 31, 2025.
This year-end performance represents a gain of N9.92 compared to the rate of N1,445.68 recorded at the close of trading on Tuesday.
The appreciation, which translates to a 0.7 percent increase in value day-on-day, signals a moment of respite for the currency as the fiscal year wraps up.
Market analysts have attributed this positive closure to improved liquidity within the official window and sustained interventions by the apex bank to stabilize the volatile exchange rate.
The strengthening of the Naira at the official window comes amidst a broader effort by the federal government and the CBN to unify exchange rates and boost investor confidence.
Throughout the final quarter of 2025, the market witnessed fluctuations driven by varying degrees of demand pressure and foreign exchange supply constraints.
However, the ability of the currency to claw back some value on the final trading day is viewed by stakeholders as a sign of potential resilience heading into the new year.
Trading activities on the FMDQ Securities Exchange, which manages the Nigerian Autonomous Foreign Exchange Market (NAFEX), reflected the increased liquidity that facilitated the currency’s rise.
While the parallel market rates continued to trade at a premium, the narrowing gap and the stability at the official end suggest that monetary policy reforms may be yielding gradual results.
As businesses and investors look toward 2026, the focus remains on whether this stability can be sustained to curb inflation and foster economic growth.
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