From Chronic Weakness To Recovery: How Cardoso’s FX Reforms Delivered Naira’s First Annual Gain In 13 Years
[The Whistler - Nigeria] - 3/01/2026
For the first time in more than a decade, Nigeria’s national currency has ended a year on a positive note. In 2025, the naira recorded its first annual appreciation since 2012, closing the year at N1,429 to the US dollar. This is an improvement of about 7.4 percent, according to official data (…)
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