Currency Appreciates to N1,435.75 as Liquidity Improves and Investor Confidence Holds
The naira closed the 2025 trading year on a positive footing on Wednesday, strengthening against the United States dollar at the official foreign exchange market.
Data from the Central Bank of Nigeria (CBN) showed that the local currency settled at N1,435.75 per dollar, appreciating by N9.93 compared to the previous trading session.
The gain followed Tuesday’s closing rate of N1,445.68, representing a 0.7 per cent day-on-day appreciation and extending the naira’s firm performance at year end.
A senior CBN official attributed the movement to improved market conditions, citing better liquidity and renewed confidence among market participants.
According to the official, seasonal foreign exchange inflows during the yuletide period played a key role in supporting stability in the official market.
Market analysts said the sustained appreciation capped a generally positive festive trading period for the naira, adding that cautious optimism is expected to shape early trading activities in 2026 as investors assess economic signals in the new year.
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