Naira Maintains Stable Exchange Rate With Dollar

On Saturday, October 25, 2025, the naira exchanged at ₦1,499 per US dollar across Nigeria.

This represents a stable rate compared to Friday, October 24, when the naira also traded at ₦1,499 per dollar. The unchanged figure shows that the currency has maintained its value, with no sign of depreciation or improvement in the short term.

Market analysts consider this steadiness a positive sign, especially after several weeks of volatility in the foreign exchange market. They suggest that maintaining this rate could mean a temporary balance between demand and supply, hinting that recent government measures may be helping to steady the market.

For importers, manufacturers, and small business owners who rely on foreign exchange, this stability offers a brief period of predictability. The absence of sudden fluctuations allows for better financial planning and reduces uncertainty in product pricing and operational costs.

Experts attribute the current situation to continued government oversight, controlled fiscal spending, and steady inflows from oil revenue and remittances. They believe if this pattern continues, it could boost investor confidence and help ease inflationary pressures.

However, economic observers warn that the naira remains vulnerable to shifts in global oil prices and international monetary policy. They stress that long-term stability will rely on stronger structural reforms and a push for local production and export diversification.

At ₦1,499 per dollar, the naira’s position remains unchanged from the previous day, indicating no movement — neither worse nor improved — but showing cautious hope for a more stable exchange market ahead.
Send Us A Press Statement Advertise With Us Contact Us

 And For More Nigerian News Visit GWG.NG