The Naira strengthened on Friday, December 12, 2025, gaining ₦15.03 to close at ₦1,489.97/$ in the parallel market, an improvement from the previous day’s ₦1,505/$.
Traders linked the slight rebound to reduced forex demand toward the weekend, as business activities typically slow down and domiciliary needs drop.
Data from Naira Rates showed the Naira held steady against the British Pound, Euro, and Canadian Dollar, matching Thursday’s levels. It traded at ₦2,204.40/GBP, ₦1,853.70/EUR, and ₦1,152.30/CAD.
At the Daily Nigerian Foreign Exchange Market (NFEM), the Naira slipped by ₦0.82 to close at ₦1,456.07, compared to ₦1,455.25 the previous day. The currency also ended the day at ₦1,706.36/EUR at the CBN official window.
For international payments, GTBank quoted ₦1,463/$, while Standard Chartered Bank closed at ₦1,474/$, ₦1,981/GBP, and ₦1,734/EUR.
