BREAKING NEWS: Finally Nigeria Currency ‘Naira’ wins as dollar crashes to its lowest exchange rate in 2025
Naira outperforms major currencies as foreign exchange inflows improves Naira outperforms major currencies as foreign exchange inflows improves
The Central Bank of Nigeria has revealed that the naira is now at its lowest level against the US dollar in 2025.
After trading activities at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, October 26, the naira appreciated against the US dollar to close at N1,447/$.
The new exchange rate is a gain of N4.75 or 0.33% against the United States Dollar, in contrast to the preceding day’s N1,453.07/$1. The last time the naira traded below N1,450 was in 2024 before the introduction of the NFEM. ..For more Details, Read full original.
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