By Omodele Adigun
The naira returned to depreciation against the United States dollar at the official foreign exchange market on Friday to end the week on a negative note.
Central Bank of Nigeria FX data showed that the Naira weakened to N1,475.35 against the dollar on Friday, down from N1,471.03 traded on Thursday.
This means that at the official FX market, the Naira dropped by N4.32 against the dollar on a day-to-day basis.
Meanwhile, the Naira remained stable at N1,500 per dollar on Friday, the same exchange rate recorded on Thursday.
DAILY POST reports that in the week under review the Naira dipped by N20.18 against the dollar when compared to N1,455.17 traded on last week’s Friday, 10th October 2025.
This is the highest depreciation at the official FX market in recent weeks.
Further analysis showed that except on Thursday, the Naira weakened throughout the week.
Despite the downturn in the naira against the dollar this week, the country’s external reserves continued to rise to $42.67 billion as of October 15th, 2025, according to CBN data.
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