Naira ends 2025 at 1,436/$, appreciates by 7.74%

The naira appreciated against the US dollar at the official window bolstered by latest FX sales by the Central Bank of Nigeria (CBN) to strengthen currency market aggregate supply. According to data from the central bank, the Naira appreciated by N9 per US dollar to close at N1,436.31/$, having traded at N1,445.00 in the previous […]

The naira appreciated against the US dollar at the official window bolstered by latest FX sales by the Central Bank of Nigeria (CBN) to strengthen currency market aggregate supply.

According to data from the central bank, the Naira appreciated by N9 per US dollar to close at N1,436.31/$, having traded at N1,445.00 in the previous day which was the last day of 2025.

The exchange rate also showed that the naira appreciated against the US dollar by 7.74 per cent in the year 2025.

It would be recalled that the dollar exchanged for N1,547 to one dollar on December 31, 2024.

Earlier in the week, the Apex Bank sold dollars to banks again in an unending intervention to stabilise the exchange rate.

The authority sold $50 million to intervene in the forex market.

Broadstreet anchored year end expectation on the authority stance to keep boosting fx supply at the Nigerian foreign exchange market.

The External Reserve was noted at $45.45 billion, reflecting a $177.99 million day-on-day change and pushing the Year-to-Date (YTD) gain up to +11.19%.

Global Oil prices were steady on Tuesday as investors weighed dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.

Brent crude rose slightly by 48 cents or 0.78%, to $61.97 per barrel, while U.S. West Texas Intermediate (WTI) declined marginally by 4 cents or 0.07%, to $58.04.

Conversely, Precious metals rebounded, after falling sharply in the previous session, as the market refocused on geopolitical and economic risks, reigniting gold’s rally to cap its best year since 1979..