{"id":156218,"date":"2025-03-23T11:12:20","date_gmt":"2025-03-23T10:12:20","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market"},"modified":"2025-04-04T12:30:59","modified_gmt":"2025-04-04T11:30:59","slug":"naira-records-massive-depreciation-against-dollar-weekly-at-official-market","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market","title":{"rendered":"Naira records massive depreciation against dollar weekly at official market"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Naira recorded a massive drop against the dollar at the official foreign exchange market from March 14 to 21, 2025.<\/p>\n<p>Analysis of the Central Bank of Nigeria\u2019s exchange data showed that it lost N18.96 weekly.<\/p>\n<p>This comes as the Naira depreciated to N1,536.89 against the dollar on Friday from N1,517.93 traded last week.<\/p>\n<p>Meanwhile, at the black market, the Naira gained N10 in the week under review. The Naira closed at N1,580 per dollar on Friday, a gain from N1,590, its traded last week.<\/p>\n<p>The data from both official and parallel foreign exchange markets showed that the Nigerian Naira has continued to fluctuate against other currencies.<\/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 recorded a massive drop against the dollar at the official foreign exchange market from March 14 to 21, 2025. Analysis of the Central Bank of Nigeria\u2019s exchange data showed that it lost N18.96 weekly. This comes as the Naira depreciated to N1,536.89 against the dollar on Friday from N1,517.93 traded [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":156217,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1621,1623,254],"class_list":["post-156218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","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 records massive depreciation against dollar weekly at official market - Nigeria<\/title>\n<meta name=\"description\" content=\"The Naira recorded a massive drop against the dollar at the official foreign exchange market from March 14 to 21, 2025. ...\" \/>\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-records-massive-depreciation-against-dollar-weekly-at-official-market\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira records massive depreciation against dollar weekly at official market\" \/>\n<meta property=\"og:description\" content=\"The Naira recorded a massive drop against the dollar at the official foreign exchange market from March 14 to 21, 2025. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-23T10:12:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-04T11:30:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1742715964.155795.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\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-records-massive-depreciation-against-dollar-weekly-at-official-market#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira records massive depreciation against dollar weekly at official market\",\"datePublished\":\"2025-03-23T10:12:20+00:00\",\"dateModified\":\"2025-04-04T11:30:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market\"},\"wordCount\":127,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/03\/sm_1742715964.155795.jpg\",\"keywords\":[\"Dollar\",\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-depreciation-against-dollar-weekly-at-official-market\",\"name\":\"Naira records massive depreciation against dollar weekly at official market - 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