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.