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The Centre for the Promotion of Private Enterprise has said Nigeria’s foreign exchange market stability emerged as the most visible macroeconomic achievement for the Nigerian economy.
CPPE’s Chief Executive Officer, Dr Muda Yusuf, disclosed this on Sunday in a review of the Nigerian economy in 2025 and outlook for 2026.
According to the economic think tank group, in the year under review, the naira was largely trading within the N1,440–N1,500 per United States dollar band.
CPPE stressed that the strength of the country’s currency with periodical appreciation against the dollar boosted investors’ and business confidence in the period under review.
The center noted that in 2025, Nigeria’s inflation dropped from 24.48 percent in January to about 14.45 percent by November 2025, spurred by stable currency.
“Exchange-rate stability emerged as the most visible achievement.
“Periodic marginal appreciation strengthened business confidence, eased imported inflation, and restored predictability to pricing, contracting, and investment planning,” he said.
DAILY POST reports that before the Christmas holiday, the Naira closed at N1,443.38 and N1,490 at official and black markets, respectively.
Naira to dollar exchange rate stability most visible achievement for Nigerian economy in 2025 — CPPE
