Naija currency, naira, don start 2026 with correct vibes as e don gree improve! As of today, naira don appreciate reach N1,430.84/$ wey dey official rate, thanks to the hustle wey CBN dey do since last year.

Last week, naira dey waka around N1,440/$ for official market, no wahala like before! E get as CBN dey manage exchange rate like correct player, with supply don increase and external reserves dey ginger am more.

Analysts chop mouth for the matter, talk say naira don gain N12.53 per dollar this week, wahala dey reduce as the figure so stable pass wetin we see 2024. Before, e be like say naira dey waka like person wey no get direction, but now, as per say CBN don bring some reforms, we dey see light.

Meristem Securities bring update wey say average exchange rate for 2025 na N1,519.63/$, wey be small decrease compare to 2024 wey be N1,486.03/$. But the volatility don drop gree wey e don show say liquidity don increase!

For the foreign exchange market, naira last see below N1,430/$ for 31 October 2025, wey e trade N1,421.73/$. No be small sense dey here, as plenty factors dey support the naira.

The CBN join hand dey work on Electronic Foreign Exchange Matching System since December 2024, come dey increase the transparency wey everybody dey talk about. Dem dey try make sure say speculation no dey cause wahala like before.

Nigeria external reserves don also rise sharply, like say dem put am for hustler gear; from $40.9bn to $45.21bn, a 10.60% increase! E get as debt servicing and CBN intervention suppose chop from this reserve, but as trade improve and foreign money dey come, na everything dey settle.

As 2026 dey start, analysts dey predict say naira go dey between N1,350.00/$ and N1,528.57/$. This one dey give hope say e go dey stable more as we dey expect foreign inflows!

Even oil price wey everybody dey worry, e no go fit slow down progress because gas and non-oil export go still support reserve levels. If CBN continue to put correct policies, dem fit improve FX market liquidity well well!

Omo, as soon as we dey talk about the parallel market fees, dem dey expect am to hold ground for 2026 too because of the new reforms dem dey do. We need to see how Bureau de Change licenses dey help control everything wey dey happen.

In summary, naira dey waka steady now, make we dey watch how e go dey move. Dem don dey work on everything wey go help stabilize am, for sure prices no go just burst our heads like before!