The naira gained N10 at the parallel market on Wednesday, December 24, 2025, according to data obtained from Naira Rates.
The local currency strengthened to N1,467.99/$, compared with N1,477.99/$ recorded the previous day.
The appreciation was driven largely by seasonal “Christmas inflows” of dollars, supported by increased diaspora remittances and higher holiday spending.
Analysts note that the return of visiting Nigerians and foreign tourists typically boosts the local circulation of foreign currency during the festive period.
At the parallel market, the naira traded flat against major currencies, exchanging at N2,204.40/GBP, N1,753.50/EUR, and N1,092.99/CAD.
Meanwhile, GTBank’s naira card FX rate for international payments closed at N1,465/$, while Standard Chartered Bank’s international payment card rates stood at N1,467/$, N1,984/GBP, N1,731/EUR, and N1,072/CAD.
In the cryptocurrency market, the naira closed at N4.45 million per Ethereum, N132.49 million per Bitcoin, N185,253.71 per Solana, N1,468.75/USDT, and N1,465.25/USDC.
At the official window, the Central Bank of Nigeria’s Nigerian Foreign Exchange Market (NAFM) rates closed on Tuesday, December 23, 2025, at N1,452/$, N1,707.06/EUR, and N1,956.03/GBP.
As of the time of filing this report, the CBN had yet to publish its FX rates for Wednesday.
