The Nigerian naira continued to experience mild fluctuations against the US dollar on Friday, December 19, 2025, as trading activity reflected ongoing efforts to stabilise the foreign exchange market.
Data showed a slight narrowing between the official and parallel market rates, offering modest relief to the local currency.
At the Nigerian Foreign Exchange Market (NFEM), the naira opened at about ₦1,455.98 to the dollar, following a volatile week in which it briefly weakened before settling towards the end of the week.
Market activity remained steady, supported by the Central Bank of Nigeria’s interventions aimed at improving liquidity and discouraging speculative trading.
In the parallel market, the dollar continued to trade at a premium, with Bureau De Change operators in Lagos and Abuja quoting rates between ₦1,720 and ₦1,745.
Traders noted that demand linked to holiday travel and imports is beginning to ease slightly.
Analysts expect the naira to trade within this range until year-end, barring major policy or oil price changes.
