{"id":154938,"date":"2025-03-11T13:42:46","date_gmt":"2025-03-11T12:42:46","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-defies-cbn-policies-continues-slump-against-dollar"},"modified":"2025-03-25T19:24:12","modified_gmt":"2025-03-25T18:24:12","slug":"naira-defies-cbn-policies-continues-slump-against-dollar","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar","title":{"rendered":"Naira defies CBN policies, continues slump against dollar"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official foreign exchange market to start the week.<\/p>\n<p>CBN data showed that the naira fell to N1,530.15 per dollar on Monday, from N1,517.24 last Friday; this means a loss of N12.91 on the official market.<\/p>\n<p>Meanwhile, on the black market, the naira remained stable at N1,580 per dollar, the same exchange rate as last Friday.<\/p>\n<p>The Chief Executive Officer of Financial Derivatives, Bismark Rewane, said the apex bank had spent $8 billion defending the naira against other foreign currencies in recent months.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official foreign exchange market to start the week. CBN data showed that the naira fell to N1,530.15 per dollar on Monday, from N1,517.24 last Friday; this means a loss of N12.91 on the official [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":154937,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29],"tags":[16299,1621,1623,254],"class_list":["post-154938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-cbn-policies","tag-dollar","tag-naira","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Naira defies CBN policies, continues slump against dollar - Nigeria<\/title>\n<meta name=\"description\" content=\"The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira defies CBN policies, continues slump against dollar\" \/>\n<meta property=\"og:description\" content=\"The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-11T12:42:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-25T18:24:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira defies CBN policies, continues slump against dollar\",\"datePublished\":\"2025-03-11T12:42:46+00:00\",\"dateModified\":\"2025-03-25T18:24:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\"},\"wordCount\":120,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg\",\"keywords\":[\"CBN policies\",\"Dollar\",\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\",\"name\":\"Naira defies CBN policies, continues slump against dollar - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg\",\"datePublished\":\"2025-03-11T12:42:46+00:00\",\"dateModified\":\"2025-03-25T18:24:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg\",\"width\":1280,\"height\":720,\"caption\":\"Naira defies CBN policies, continues slump against dollar\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Naira defies CBN policies, continues slump against dollar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Naira defies CBN policies, continues slump against dollar - Nigeria","description":"The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar","og_locale":"en_US","og_type":"article","og_title":"Naira defies CBN policies, continues slump against dollar","og_description":"The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar","og_site_name":"Nigeria","article_published_time":"2025-03-11T12:42:46+00:00","article_modified_time":"2025-03-25T18:24:12+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Naira defies CBN policies, continues slump against dollar","datePublished":"2025-03-11T12:42:46+00:00","dateModified":"2025-03-25T18:24:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar"},"wordCount":120,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg","keywords":["CBN policies","Dollar","naira","Nigeria"],"articleSection":["all news","Economy","head lines"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar","name":"Naira defies CBN policies, continues slump against dollar - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg","datePublished":"2025-03-11T12:42:46+00:00","dateModified":"2025-03-25T18:24:12+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The naira defied the Central Bank of Nigeria\u2019s policy interventions as it depreciated against the dollar at the official ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1741688078.744613.jpg","width":1280,"height":720,"caption":"Naira defies CBN policies, continues slump against dollar"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-defies-cbn-policies-continues-slump-against-dollar#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"Naira defies CBN policies, continues slump against dollar"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","url":"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/154938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=154938"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/154938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/154937"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=154938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=154938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=154938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}