The naira experienced its first annual appreciation in 13 years in 2025, strengthening by 6.87% against the US dollar, according to Comercio Partners.
In a significant economic development, the investment firm Comercio Partners reported that 2025 marked the first annual appreciation of the Nigerian naira in 13 years, with the currency gaining approximately 6.87% against the United States dollar. This improvement is attributed to various reforms introduced by the Central Bank of Nigeria (CBN), which aimed to stabilize the currency and promote a more equitable foreign exchange market.
