The Nigerian currency, Naira, continued her recovery against the US dollar on the official market on Monday, May 26, 2025.
According to Nigerian Central Bank data (CBN), Naira appreciated N1, 579.40/$ 1 compared to N1, 580.44/$ 1 which was traded on Friday, May 23, 2025.
This represents the profit N1.04 for local currencies.
In the black market, Naira lost N5 to the dollar to be traded in N1.620/$ 1 compared to the previous day level N1, 615/$ 1.
Also read: Naira gets N0.04 against dollars in the official window
Naira lost the N10 to the British pound to trade at N2.170/£ 1 compared to the previous day level N2.160/£ 1.
Naira continues to survive with Canadian dollars to trade at N1.200/Ca $ 1.
Naira closed the flat against the euro to trade in ₦ 1,810/€ 1 the same as the previous day level ₦ 1,810/€ 1.
By: Babajide Okeowo
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