The naira continued its strong appreciation against the dollar at the official exchange market on Friday, ending the week and month on a positive note.

Data from the Central Bank of Nigeria showed that the naira further strengthened to N1,421.73 per dollar on Friday, up from N1,436.97 traded on Thursday.
This indicates that the naira gained N15.24 against the dollar on a day-to-day basis.

This marks the fifth consecutive appreciation of the naira since Monday, 27th October 2025.

At the black market, the naira remained stable at N1,485 per dollar — the same rate it has maintained since the beginning of the week.
On a week-on-week basis, it gained N21.06 against the dollar during the period under review.

This development comes as the country’s external reserves continued to rise, standing at $43.17 billion as of 30th October 2025, up from $43.15 billion recorded the previous day.