The Naira depreciated in opposition to the US greenback on the official overseas trade market on Tuesday forward of the brand new 12 months.
The Central Financial institution of Nigeria’s knowledge confirmed that the naira weakened on Tuesday to N1,445.68 per greenback, down from N1,442.51 traded on Monday.
Because of this the Naira dipped by N3.17 in opposition to the greenback on a day-to-day foundation.
DAILY POST experiences that the final time the naira dropped in opposition to the greenback on the official overseas trade was on December 18, when it stood at N1,457.84 per greenback.
In the meantime on the black market, the Naira remained at N1,475 per greenback on Tuesday, the identical trade charge recorded the day prior to this.
The blended sentiment within the nation’s overseas trade market comes regardless of the continued rise in exterior reserves, which rose to $45.45 billion as of December 29, 2025.
