According to data released on the Central Bank of Nigeria’s (CBN) official website, the naira lost 20 kobo against the dollar.
The naira opened the new trading week on Monday, July 14, 2025, with an N11.37 gain against the dollar.
The IMF stated that reforms to the forex market and foreign exchange interventions had brought stability to the naira.
Thursday’s trading session saw a minor setback, with the naira slipping by N2.62 against the dollar.
Data from the Central Bank of Nigeria’s website showed that the naira gained N5.71.
The naira remained relatively stable against the US dollar since December 2024
The naira depreciated in the official market on Monday, trading N1,498
Mr Tinubu said that in 2025, the country continued witnessing a renaissance in the oil and gas sector, characterised by transformative initiatives and significant milestones.
Ibrahim Abbas complained that the federal government’s policies appeared to be designed against federal civil servants.
On Wednesday, trading on the Investors and Exporters forex window recorded a high of N1,514.00 and a low of N1,504.00.
