{"id":165499,"date":"2025-06-03T15:38:12","date_gmt":"2025-06-03T14:38:12","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-records-massive-appreciation-across-fx-markets"},"modified":"2025-06-03T16:38:25","modified_gmt":"2025-06-03T15:38:25","slug":"naira-records-massive-appreciation-across-fx-markets","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets","title":{"rendered":"Naira records massive appreciation across FX markets"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The naira appreciated massively against the dollar across foreign exchange markets to begin the week on an impressive note.<\/p>\n<p>At the black market, the naira gained significantly to N 1615 per dollar on Monday from N 1628 exchanged last Friday. This means that the naira strengthened by N13 against the dollar on a day-to-day basis.<\/p>\n<p>\u201cWe buy at N1605 per dollar and sell at N1615,\u201d Abubakar Alhasan, a Bureau de Change operator in Wuse Zone 4, Abuja, said on Monday.<\/p>\n<p>Similarly, on the official market, the Central Bank of Nigeria\u2019s exchange rate data showed that it gained N4.57 to N1,581.58 on Monday from N1,586.15 exchanged on Friday. The development showed that the naira showed strong footing on Monday, a variant from its performance at the close of work last week.<\/p>\n<p>Sources within the money market attributed the development to a surge in foreign portfolio investors and the upcoming Eid el-Kabir holidays in Nigeria slated for June 6 and 9, 2025.<\/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 appreciated massively against the dollar across foreign exchange markets to begin the week on an impressive note. At the black market, the naira gained significantly to N 1615 per dollar on Monday from N 1628 exchanged last Friday. This means that the naira strengthened by N13 against the dollar on [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":165497,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,2660],"tags":[17633,1623,254],"class_list":["post-165499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-to-homepage","tag-fx-markets","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 appreciation across FX markets - Nigeria<\/title>\n<meta name=\"description\" content=\"The naira appreciated massively against the dollar across foreign exchange markets to begin the week on an impressive no ...\" \/>\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-appreciation-across-fx-markets\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira records massive appreciation across FX markets\" \/>\n<meta property=\"og:description\" content=\"The naira appreciated massively against the dollar across foreign exchange markets to begin the week on an impressive no ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-03T14:38:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-03T15:38:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1748952566.226421.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-records-massive-appreciation-across-fx-markets#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira records massive appreciation across FX markets\",\"datePublished\":\"2025-06-03T14:38:12+00:00\",\"dateModified\":\"2025-06-03T15:38:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets\"},\"wordCount\":174,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1748952566.226421.jpg\",\"keywords\":[\"FX markets\",\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-records-massive-appreciation-across-fx-markets\",\"name\":\"Naira records massive appreciation across FX markets - 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