Bureau De Change Operators and industry experts have attributed the impressive showing of the Nigerian currency in September to a mix of Central Bank of Nigeria (CBN) policy tightening, renewed investor confidence, and the growing role of fintech in deepening transparency and reducing speculative demand for foreign exchange.
Naira recorded its strongest stretch of performances in recent months in September 2025 — a period some currency traders and economists have described as a “Naira boom.”
Speaking with Nairametrics, the president of the Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, described the month’s performance as remarkable.