The Nigerian Naira posted a mixed performance against the US Dollar on Friday, 12 December 2025, as movements differed across the official and parallel markets.
While trading at the official window remained steady, the informal market saw a slight improvement, reducing the gap between the two exchange platforms.
At the Investors’ and Exporters’ (I&E) Window, early data showed a mild adjustment in the benchmark rate compared with the previous session.
The Naira closed at ₦1,449.38 per dollar, with intraday trades ranging between ₦1,452.50 and ₦1,449.38.
Analysts say the narrow band reflects the Central Bank of Nigeria’s ongoing efforts to regulate liquidity and maintain stable supply levels for import-dependent sectors.
In the parallel market, the Naira strengthened marginally, trading between ₦1,475 (buying) and ₦1,485 (selling), following a brief recovery from earlier highs in the week.
Market observers attribute today’s movements to stable global crude prices, increased diaspora remittances ahead of the festive season, and expectations that the CBN will maintain a tight monetary stance to manage inflation and attract foreign investment.
