{"id":473198,"date":"2026-02-17T05:05:09","date_gmt":"2026-02-17T05:05:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/473198\/"},"modified":"2026-02-17T05:05:09","modified_gmt":"2026-02-17T05:05:09","slug":"nigerian-naira-bounces-back-significantly-against-us-dollar","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/473198\/","title":{"rendered":"Nigerian naira bounces back significantly against US dollar"},"content":{"rendered":"<p>The Nigerian naira bounced against the United States dollar with significant appreciation across official and parallel foreign exchange markets.<\/p>\n<p>The Central Bank of Nigeria\u2019s data showed that the Naira strengthened to N1,347.78 on Monday, up from N1,355.42 on Friday last week.<\/p>\n<p>This means that the Naira recorded N7.64 against on Monday when compared with Friday.<\/p>\n<p>At the black market, the Naira made a massive gain of N40 to close at N1,400 on Monday from N1,440.<\/p>\n<p>DAILY POST reports that the performance of the Naira on Monday is a significant recovery from <a href=\"https:\/\/dailypost.ng\/2026\/02\/13\/naira-continues-depreciation-against-us-dollar-in-official-fx-market\/\" rel=\"nofollow noopener\" target=\"_blank\">the losses recorded last week<\/a> Thursday and Friday.<\/p>\n<p>This comes as the country\u2019s inflation rate eased to 15.10 percent in January 2026, according to the National Bureau of Statistics\u2019s data released on Monday.<\/p>\n<p>DAILY POST reports that the country\u2019s external reserves surged to $47.81 billion as of 12th February 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"The Nigerian naira bounced against the United States dollar with significant appreciation across official and parallel foreign exchange&hellip;\n","protected":false},"author":2,"featured_media":361323,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,926,101,19964],"class_list":["post-473198","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-dollar","tag-economy","tag-naira"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/473198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=473198"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/473198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/361323"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=473198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=473198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=473198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}