The naira continued its appreciation against america dollar on Friday on the official overseas change market, ending the week on a good note.
Information from the Central Financial institution of Nigeria confirmed that the naira strengthened barely additional to N1,436.58 against the dollar on Friday, up from N1,436.74 on Thursday.
Which means that Nigeria’s forex gained N0.16 against the dollar on a day-to-day foundation.
In the meantime, on the black market, the naira remained flat at N1,445 per dollar on Friday, the identical charge as on Thursday, in accordance to Abubakar Alhasan, a Bureau De Change operator in Wuse Zone 4, Abuja.
DAILY POST stories that the naira dropped considerably on the official overseas change market by N14.85 when put next to N1,421.73 on Friday final week.
On the flip aspect, the naira firmed massively at the black market.
The event comes because the nation’s exterior reserves continued to rise, standing at $43.32 billion as of Thursday, November 6, 2025.
