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Foreign Exchange Stability: CPPE Highlights Naira Resilience as Top Macroeconomic Achievement

Stable naira and easing inflation boost business and investor confidence in 2025, says think tank…

The Centre for the Promotion of Private Enterprise (CPPE) has identified the stability of Nigeria’s foreign exchange market as the standout macroeconomic achievement of 2025.

Speaking on Sunday, CPPE CEO Muda Yusuf said that throughout the year, the naira largely traded between N1,440 and N1,500 per US dollar, providing a predictable environment for businesses and investors.

“Exchange-rate stability emerged as the most visible achievement,” Yusuf noted. “Periodic marginal appreciation strengthened business confidence, eased imported inflation, and restored predictability to pricing, contracting, and investment planning.”

The think tank also highlighted that inflation fell from 24.48 percent in January to 14.45 percent by November 2025, attributing the drop in part to the stable naira.

Just before the Christmas holiday, the naira closed at N1,443.38 and N1,490 in the official and parallel markets, respectively, reflecting relative stability in the currency market.

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Opeyemi Owoseni

Opeyemi Oluwatoni Owoseni is a broadcast journalist and business reporter at TV360 Nigeria, where she presents news bulletins, produces and hosts the Money Matters program, and reports on the economy, business, and government policy. With a strong background in TV and radio production, news writing, and digital content creation, she is passionate about delivering impactful stories that inform and engage the public.

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