By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Friday, May 8, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Nigerian economy

Naira drops to 0.17% against dollar 

Honesty Victor
Last updated: July 5, 2025 10:24 am
By Honesty Victor
Share
1 Min Read
#image_title
SHARE

The Naira on Friday experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar.

Data obtained from the website of the Central Bank of Nigeria (CBN) showed that the Naira lost N2.73.

This represents a 0.17 per cent loss when compared to N1,525.82 recorded on Thursday.

The Naira, which opened the week on Monday with a gain of N9.52 against the dollar, held steady gains until Thursday.

On Wednesday, the local currency gained N3.42 against the dollar and received commendation from the International Monetary Fund (IMF).

Nigeria Named Among Top 10 Countries Facing Worst Global Food Crisis
$516 Million Loan: ‘Why Are We Still Borrowing After Fuel Subsidy Removal?’ — Sanusi
Why the US–Iran War Should Be a Blessing for Nigeria, Not a Curse
Nigeria’s Diplomatic Recession: Tracking the Dwindling Global Interest (2010–2025)

The IMF, in its 2025 Article IV Consultation report on Nigeria, commended the CBN over its foreign exchange market reforms that supported price discovery and liquidity.

author avatar
Honesty Victor
See Full Bio
TAGGED:Central Bank of Nigeria
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
Previous Article President ‎Tinubu arrives in Brazil for BRICS summit 
Next Article Akwa Ibom Gov increases corps members allowance to N20, 000
Search
– Advertisement –
Latest News
  • Atiku picks ADC presidential nomination form May 8, 2026
  • El-Rufai moves to ADC May 8, 2026
  • ADC to replace Obi with Jonathan May 8, 2026
  • VP Shettima: What is the secret? by Abdulhamid Al-Gazali May 8, 2026
  • Troops bust illegal arms factory in Plateau, apprehend 5 suspects May 8, 2026
  • Team Of Iheoma Marginal Field Oil Visits Umudibia Host Community, Reels Out Mode Of Operation // Vindicates Eze Merinini Of False Allegations May 8, 2026
  • Sad: Gunmen kill three pregnant women, ten others in Plateau night attack May 8, 2026
  • Challenges Before Peter Obi in NDC May 8, 2026
  • NPF Reaffirms Commitment To Accountability, Professionalism And Public Trust, Releases CRU Direct Accessible Channels May 8, 2026
  • Shots fired in clash between Tompolo’s men and Borokiri youths May 8, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

BornoBusiness

Against the Odds, Borno Women Thrives to Build Businesses, Creating Change

March 19, 2026
Latest NewsNigeria News

FG Launches ‘Fly Now, Pay Later’ Scheme for Air Travel

March 18, 2026
President Bola Ahmed Tinubu
NationalNigeria News

Tinubu Appoints Fola Adeola to Chair Petroleum Reform, Value Optimisation Taskforce

March 13, 2026
NationalNigeria News

FG Flags Off Food and Nutrition Programme in Plateau

March 10, 2026
Petrol Hits N1300 Signalling Tougher Economy For Nigerians
BusinessGlobal Economy

Iran War: Petrol Hits N1,300 Signalling Tougher Economy For Nigerians

March 10, 2026
Nigerian economy

FG Bans Roadblocks for Tax collection, Launches New Presumptive Tax Rules

March 5, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • Events
  • National Security
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • The Love of God
  • World News
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?