The Nigerian currency, Naira, declined against the US dollar on the official market on Monday, April 28, 2025.
According to Nigerian central bank data (CBN), Naira declined to N1, 599.94/$ 1 compared to N1.599.54/$ 1 traded on Friday, April 25, 2025.
This is the loss of N0.40 for local currencies.
In the black market, Naira lost N5 to be traded in N1.610/$ 1 compared to the previous day level N1, 605/$ 1.
Also read: Naira gets N2.28 against dollars in the official window
Naira closes flatly against the British pound to trade at N2.120/£ 1 is the same as the previous day level N2.120/£ 1.
Canadian dollars still survive stable at N1.150/Ca $ 1, the same as the previous day level N1.150/Ca $ 1.
Naira closed the flat against the euro to be traded in ₦ 1,800/€ 1 the same as the previous day level ₦ 1,800/€ 1.
Join the conversation
Supports Nigeria’s ripples, resistant Journalism Solutions
A balanced and fearful journalism that is driven by data comes with enormous financial costs.
As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.
If you like what we do, and ready to uphold journalism solutions, friendly Nigerian ripples cause.
Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.
Donation now