{"id":167258,"date":"2025-06-17T15:55:40","date_gmt":"2025-06-17T14:55:40","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-appreciates-against-dollar-after-inflation-drops"},"modified":"2025-06-17T17:04:24","modified_gmt":"2025-06-17T16:04:24","slug":"naira-appreciates-against-dollar-after-inflation-drops","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops","title":{"rendered":"Naira Appreciates Against Dollar After Inflation Drops"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The naira appreciated against the dollar in the official and parallel foreign exchange markets to begin the week on a positive note on Monday amid a drop in Nigeria\u2019s headline inflation.<\/p>\n<p>Exchange data from the Central Bank of Nigeria showed that the naira gained to N1,544.63 per dollar on Monday from N1,549.35 exchanged on Friday last week.<\/p>\n<p>This indicated that the country\u2019s currency, the naira, strengthened by N4.72 per dollar on Monday compared to N1,544.63 traded at the close of work on Friday.<\/p>\n<p>Similarly, at the black market, the Naira firmed up around N1,595 and N1,600 per dollar in the period under review from N1,606 exchanged last week.<\/p>\n<p>The development comes as Nigeria\u2019s headline inflation declined for the second consecutive month in May to 22.97 percent.<\/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 against the dollar in the official and parallel foreign exchange markets to begin the week on a positive note on Monday amid a drop in Nigeria\u2019s headline inflation. Exchange data from the Central Bank of Nigeria showed that the naira gained to N1,544.63 per dollar on Monday from N1,549.35 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":167257,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,2660],"tags":[1623,254],"class_list":["post-167258","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-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 Appreciates Against Dollar After Inflation Drops - Nigeria<\/title>\n<meta name=\"description\" content=\"The naira appreciated against the dollar in the official and parallel foreign exchange markets to begin the week on a po ...\" \/>\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-appreciates-against-dollar-after-inflation-drops\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira Appreciates Against Dollar After Inflation Drops\" \/>\n<meta property=\"og:description\" content=\"The naira appreciated against the dollar in the official and parallel foreign exchange markets to begin the week on a po ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-17T14:55:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-17T16:04:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1750163713.917826.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-appreciates-against-dollar-after-inflation-drops#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira Appreciates Against Dollar After Inflation Drops\",\"datePublished\":\"2025-06-17T14:55:40+00:00\",\"dateModified\":\"2025-06-17T16:04:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops\"},\"wordCount\":147,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1750163713.917826.jpg\",\"keywords\":[\"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-appreciates-against-dollar-after-inflation-drops#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-appreciates-against-dollar-after-inflation-drops\",\"name\":\"Naira Appreciates Against Dollar After Inflation Drops - 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