Naira continues appreciation against US dollar as foreign reserves increase

The naira continued its appreciation against the United States dollar at the foreign exchange market on Friday, driven by a slight rise in Nigeria’s external reserves to $38.63 billion as of Thursday, July 24, 2025. Central Bank of Nigeria data showed the exchange rate at N1,534.72 against the dollar on Friday, compared to N1,534.79 on [...]Naira continues appreciation against US dollar as foreign reserves increase

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