{"id":159277,"date":"2025-04-14T09:41:33","date_gmt":"2025-04-14T08:41:33","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-depreciates-to-end-the-week-on-a-negative-note"},"modified":"2025-04-15T13:28:02","modified_gmt":"2025-04-15T12:28:02","slug":"naira-depreciates-to-end-the-week-on-a-negative-note","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note","title":{"rendered":"Naira depreciates to end the week on a negative note"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The naira traded against the dollar above the N1,600 mark to end the week on a negative note at both official and parallel foreign exchange markets.<\/p>\n<p>This comes as, according to Central Bank of Nigeria data, the naira declined to N1,603.78 per dollar on Friday, April 11, 2025, from N1,591.84 exchanged on Thursday.<\/p>\n<p>CBN\u2019s official figure showed that the naira declined by N11.94 on a day-to-day basis.<\/p>\n<p>At the black market, the naira closed at N1,620 per dollar, the same rate recorded on Thursday, several Bureau De Change Operators in Wuse Zone 4, Abuja, said on Friday.<\/p>\n<p>On a week-on-week analysis, the naira weakened at both foreign exchange markets.<\/p>\n<p>This is because the Naira depreciated by N36.76 to close at N1,603.78 against the dollar on Friday, April 11, compared to N1,567.02 recorded last week, April 4, at the official market.<\/p>\n<p>At the black market, the naira weakened significantly by N60, closing at N1,620 per dollar on Friday compared to N1,560 recorded last week.<\/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 traded against the dollar above the N1,600 mark to end the week on a negative note at both official and parallel foreign exchange markets. This comes as, according to Central Bank of Nigeria data, the naira declined to N1,603.78 per dollar on Friday, April 11, 2025, from N1,591.84 exchanged on [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":159276,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29],"tags":[1623,254],"class_list":["post-159277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","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 depreciates to end the week on a negative note - Nigeria<\/title>\n<meta name=\"description\" content=\"The naira traded against the dollar above the N1,600 mark to end the week on a negative note at both official and parall ...\" \/>\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-depreciates-to-end-the-week-on-a-negative-note\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira depreciates to end the week on a negative note\" \/>\n<meta property=\"og:description\" content=\"The naira traded against the dollar above the N1,600 mark to end the week on a negative note at both official and parall ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-14T08:41:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-15T12:28:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1744611470.568709.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\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-depreciates-to-end-the-week-on-a-negative-note#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira depreciates to end the week on a negative note\",\"datePublished\":\"2025-04-14T08:41:33+00:00\",\"dateModified\":\"2025-04-15T12:28:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note\"},\"wordCount\":181,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1744611470.568709.jpg\",\"keywords\":[\"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-depreciates-to-end-the-week-on-a-negative-note#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-depreciates-to-end-the-week-on-a-negative-note\",\"name\":\"Naira depreciates to end the week on a negative note - 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