‎   Naira strengthens further as FX liquidity improves ‎ ‎Story from Martha Gwary ‎ ‎The Naira strengthened notably on Tuesday, October 7, 2025, with exchange rates in both the official and parallel markets settling into the mid-₦1,400s range. ‎ ‎This convergence was driven by improved foreign exchange (FX) liquidity and sustained Central Bank of Nigeria (CBN) interventions, which have boosted market confidence. ‎ ‎Official and Parallel Rates Converge ‎ ‎At the Nigerian Foreign Exchange Market (NFEM), the Naira traded at approximately ₦1,464–₦1,466 per US dollar, based on volume-weighted official figures. Other end-of-day data placed the official rate at ₦1,465.20 per...