The naira strengthened 6.87 percent against the dollar in 2025, its first annual gain in 13 years, as CBN reforms drew nearly $21 billion in capital inflows.
CBN forex reforms
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Nigeria’s dollar to naira exchange rate steadies near ₦1,466 officially and ₦1,495 on the street amid tight dollar supply.
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The naira hits a 10-month high on the back of stronger FX inflows and improved investor confidence in Nigeria’s currency reforms.