Naira Strengthens to N1,485/$1 Across Black, Official Markets
The naira appreciated against the dollar on Tuesday, February 25, 2025, trading at N1,485/$1 in both the official and black markets.
According to figures released by the Central Bank of Nigeria (CBN), the naira closed at N1,495/$1 at the official window, marking a N2 gain from the previous day’s rate of N1,497/$1.
Similarly, the naira strengthened against the British pound, appreciating by N60 to trade at N1,900/£1, compared to the previous rate of N1,960/£1.
Source: Ripples