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Posted by God'swill Ofigo on December 28, 2025 0
The Centre for the Promotion of Personal Enterprise has stated Nigeria’s overseas exchange market stability emerged because the most visible macroeconomic achievement for the Nigerian economy.
CPPE’s Chief Govt Officer, Dr Muda Yusuf, disclosed this on Sunday in a assessment of the Nigerian economy in 2025 and outlook for 2026.
In accordance to the financial suppose tank group, in the yr beneath assessment, the naira was largely buying and selling inside the N1,440–N1,500 per United States dollar band.
CPPE harassed that the power of the nation’s foreign money with periodical appreciation towards the dollar boosted traders’ and enterprise confidence in the interval beneath assessment.
The middle famous that in 2025, Nigeria’s inflation dropped from 24.48 p.c in January to about 14.45 p.c by November 2025, spurred by secure foreign money.
“Exchange-rate stability emerged because the most visible achievement.
“Periodic marginal appreciation strengthened enterprise confidence, eased imported inflation, and restored predictability to pricing, contracting, and funding planning,” he stated.
DAILY POST reviews that earlier than the Christmas vacation, the Naira closed at N1,443.38 and N1,490 at official and black markets, respectively.
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