The naira continued depreciation against the US dollar on Friday on the official overseas trade market to end the week on a bearish development.
The Central Financial institution of Nigeria’s knowledge confirmed that the naira further weakened against the dollar on Friday to shut at N1,446.74, down from N1,443.90 on Thursday.
Because of this the Naira declined by N2.8 on a day-to-day foundation.
In the meantime, on the black market, the Naira remained flat, closing at N1470 per dollar, the identical trade charge as on Thursday.
DAILY POST experiences that there have been three positive aspects and two losses recorded on the official market within the week below assessment. On a week-on-week foundation, the naira gained N9.99 against the dollar on the official market however misplaced N5 on the parallel FX market.
The event comes because the nation’s exterior reserves stood at $44.61 billion as of 27 November 2025, a pointy rise from $44.26 billion final week.
