{"id":60216,"date":"2025-01-30T10:23:22","date_gmt":"2025-01-30T10:23:22","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=60216"},"modified":"2025-01-30T10:24:48","modified_gmt":"2025-01-30T10:24:48","slug":"60216","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/01\/30\/60216\/","title":{"rendered":"Naira Gains Against Dollar Amid CBN Reforms"},"content":{"rendered":"<p><strong>By Adenike Lawal<\/strong><\/p>\n<p>The Naira appreciated by 0.78% at the official market on Wednesday, trading at N1,510.72 per dollar, an N11.96 gain from the previous day\u2019s rate of N1,522.68, according to FMDQ Securities Exchange data.<\/p>\n<p>Since December 2024, the Naira has remained relatively stable, largely due to ongoing reforms by the Central Bank of Nigeria (CBN).<\/p>\n<p>On Tuesday, the apex bank introduced additional measures, including a waiver on the 2025 annual license renewal fee for Bureau De Change (BDC), operators and the launch of the Nigeria Foreign Exchange (FX), Code to enhance transparency in forex transactions.<\/p>\n<p>Dr. Aminu Gwadabe, President of the Association of Bureau De Change Operators of Nigeria (ABCON), praised the CBN\u2019s initiatives, urging continued support for policies that strengthen the local currency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Adenike Lawal The Naira appreciated by 0.78% at the official market on Wednesday, trading at N1,510.72 per dollar, an N11.96 gain from the previous day\u2019s rate of N1,522.68, according to FMDQ Securities Exchange data. Since December 2024, the Naira has remained relatively stable, largely due to ongoing reforms by the Central Bank of Nigeria [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":60217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[59],"class_list":["post-60216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/60216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=60216"}],"version-history":[{"count":3,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/60216\/revisions"}],"predecessor-version":[{"id":60220,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/60216\/revisions\/60220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/60217"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=60216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=60216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=60216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}