Naira's Strong September Performance Linked to Policy Changes and Investor Confidence
Bureau De Change Operators credit the impressive performance of the Naira in September to a combination of factors, including CBN policy tightening, renewed investor confidence, and the role of fintech in enhancing transparency. The Naira recorded its strongest performance in recent months during September 2025, attributed to increased crude oil production and tighter management of dollar demand.
The integration of fintech systems and the country's efforts to exit the FATF grey list have also contributed to the Naira's success. The President of ABCON, Alhaji Aminu Gwadabe, highlighted the positive impact of these factors on the Naira's performance, praising Nigeria's improved image among investors.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
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