For African businesses engaged in cross-border trade, the exchange rate is a competitive advantage. Recent market analysis suggests that the Nigerian naira is unlikely to depreciate beyond ₦1,600 to the US dollar in the second half of 2025. This forecast, supported by economic data and policy trends, gives businesses a valuable window to plan and execute international transactions with greater confidence.

The Economic Drivers Behind the Forecast

According to analysts, the naira’s current stability is anchored by two key factors:

• Consistent Central Bank Policy: Targeted interventions and liquidity management have helped keep speculative pressure in check.
  
• Strengthened Foreign Reserves: Higher reserves have increased the Central Bank of Nigeria’s capacity to defend the naira during volatile market conditions.

Expert Projections

At Bluebulb, we’ve compiled a data-driven report to help business leaders, treasury teams, and finance managers make informed trading decisions in H2 2025. Our analysis highlights timing strategies, corridor opportunities, and risk-management adjustments designed to help you trade profitably for the rest of the year.
Download the Bluebulb report here.

Analysts at Optimum Global also project that the naira will likely trade between ₦1,500 and ₦1,600 in the second half of 2025, assuming favorable macroeconomic conditions persist. This projection, published in their half-year outlook “Anchored Policy, Unanchored Risks”, includes forecasts for inflation and capital market performance and emphasises the stabilising role of CBN interventions.

Practical Steps to Take Now

Download Bluebulb H2 FX Report, get the latest insight, and make informed trading decisions for the rest of the year. 

Download the Bluebulb report here.