{"id":165714,"date":"2025-06-04T23:34:08","date_gmt":"2025-06-04T22:34:08","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-gains-most-against-dollar-in-official-forex-market"},"modified":"2025-06-05T00:42:55","modified_gmt":"2025-06-04T23:42:55","slug":"naira-gains-most-against-dollar-in-official-forex-market","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market","title":{"rendered":"Naira Gains Most Against Dollar in Official Forex Market"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday as the country\u2019s currency continued its three-day gain this week.<\/p>\n<p>The Central Bank of Nigeria\u2019s FX data showed that it strengthened to N1,565.46 per dollar on Wednesday from N 1,579.27 exchanged on Tuesday.<\/p>\n<p>This indicates that the naira appreciated significantly by N13.81 against the dollar on a day-to-day basis, the highest gain since Monday, June 2, 2025. The gain recorded at the official foreign exchange market on Wednesday surpassed the combined gains recorded on Monday and Tuesday, which stood at N6.88.<\/p>\n<p>Similarly, a Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, told DAILY POST that the naira strengthened to N1613 per dollar on Wednesday from N1614 traded the previous day on the black market.<\/p>\n<p>\u201cWe buy at N1600 and sell at N1613 on Wednesday compared to N1615 on Tuesday,\u201d he said.<\/p>\n<p>The naira has continued to appreciate across FX markets since Monday this 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 recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday as the country\u2019s currency continued its three-day gain this week. The Central Bank of Nigeria\u2019s FX data showed that it strengthened to N1,565.46 per dollar on Wednesday from N 1,579.27 exchanged on Tuesday. This indicates [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":165713,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1623,254],"class_list":["post-165714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","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 Gains Most Against Dollar in Official Forex Market - Nigeria<\/title>\n<meta name=\"description\" content=\"The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday ...\" \/>\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-gains-most-against-dollar-in-official-forex-market\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira Gains Most Against Dollar in Official Forex Market\" \/>\n<meta property=\"og:description\" content=\"The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-04T22:34:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-04T23:42:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.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-gains-most-against-dollar-in-official-forex-market#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira Gains Most Against Dollar in Official Forex Market\",\"datePublished\":\"2025-06-04T22:34:08+00:00\",\"dateModified\":\"2025-06-04T23:42:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market\"},\"wordCount\":183,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg\",\"keywords\":[\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market\",\"name\":\"Naira Gains Most Against Dollar in Official Forex Market - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg\",\"datePublished\":\"2025-06-04T22:34:08+00:00\",\"dateModified\":\"2025-06-04T23:42:55+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg\",\"width\":1200,\"height\":720,\"caption\":\"Naira Gains Most Against Dollar in Official Forex Market\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Naira Gains Most Against Dollar in Official Forex Market\"}]},{\"@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 Gains Most Against Dollar in Official Forex Market - Nigeria","description":"The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday ...","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-gains-most-against-dollar-in-official-forex-market","og_locale":"en_US","og_type":"article","og_title":"Naira Gains Most Against Dollar in Official Forex Market","og_description":"The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market","og_site_name":"Nigeria","article_published_time":"2025-06-04T22:34:08+00:00","article_modified_time":"2025-06-04T23:42:55+00:00","og_image":[{"width":1200,"height":720,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.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-gains-most-against-dollar-in-official-forex-market#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Naira Gains Most Against Dollar in Official Forex Market","datePublished":"2025-06-04T22:34:08+00:00","dateModified":"2025-06-04T23:42:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market"},"wordCount":183,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg","keywords":["naira","Nigeria"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market","name":"Naira Gains Most Against Dollar in Official Forex Market - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg","datePublished":"2025-06-04T22:34:08+00:00","dateModified":"2025-06-04T23:42:55+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The naira recorded its highest single-day appreciation against the dollar at the official foreign exchange on Wednesday ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749068015.794315.jpg","width":1200,"height":720,"caption":"Naira Gains Most Against Dollar in Official Forex Market"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-gains-most-against-dollar-in-official-forex-market#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"Naira Gains Most Against Dollar in Official Forex Market"}]},{"@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\/165714","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=165714"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/165714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/165713"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=165714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=165714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=165714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}