In May 2025, the naira appreciated against the US dollar in the official market, closing at N1,585.50/$1 on Friday, 30 May, up from N1,606.00/$1 on 2 May.
This marks a 1.28% gain for the naira over the month.
The month began with the naira closing at N1,606/$1 on 2 May, slightly weaker than the N1,602/$1 recorded on 30 April, the Central Bank of Nigeria (CBN) data indicates.