Naira Recovers, Gains N5.53 To Trade At N1,598.48/$1 At Official Window

The Nigerian currency, the naira made a recovery against the American dollar at the official market on Tuesday, April 14, 2025.

According to the Central Bank of Nigeria (CBN) Foreign exchange data, the naira appreciated to N1,598.48/$1 as against the N1,604.48/$1 it traded on Monday, April 14, 2025.

This represents a gain of N5.53 for the local currency.

On the black market, the naira closed flat to trade at N1,615/$1 same as the previous day’s rate of N1, 615/$1.

The naira lost N5 against the British Pound to trade at N2,075/£1 as against the previous day’s rate of N2,070/£1.

The Canadian Dollar still held steady at N1,150/CA$1, same as the previous day’s rate of N1,150/CA$1.

The naira lost N5 against the Euro to trade at ₦1,755/€1 as against the previous day’s rate of ₦1,750/€1.