News Update
THE Nigerian naira strengthened significantly in 2025, gaining nearly N100 against the US dollar, while the country’s foreign reserves rose by $4.6 billion.
The naira closed the year at N1,435.76 per dollar on December 31, 2025, up from N1,535 at the end of 2024.
Meanwhile, foreign reserves increased to $45.5 billion as of December 30, 2025, from $40.9 billion the previous year.
This represents an annual appreciation of 6.68 percent for the naira and an 11.05 percent growth in foreign reserves, signaling a gradual recovery for the currency after a 40.9 percent decline recorded in 2024.
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