The naira has, since December 2024, begun a winning streak after the Central Bank of Nigeria (CBN) rolled out some far-reaching reforms that have seen the currency gain at least nine percent since the beginning of 2025.

But there is much to be done to sustain the momentum so the gains could be felt by businesses and households which have been pinched the most following the liberalisation of the foreign exchange market in mid-2023, which has left the naira to lose about 70 percent of its value.

The narrative is changing albeit gradually. T