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nairametrics.com Article Rating

Naira appreciates to N1,458/$1, strongest in performance since 2024

  • Bias Rating
  • Reliability

    40% ReliableAverage

  • Policy Leaning

    -12% Somewhat Left

  • Politician Portrayal

    N/A

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

50% Positive

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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-100%
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Bias Meter

Contributing sentiments towards policy:

59% : Some currency traders attribute the naira's recent stability to the CBN's sustained intervention in the foreign exchange market, alongside measures aimed at curbing speculative trading and boosting dollar inflows.
47% : Speaking with Nairametrics, the president of the Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe attributed this to increased crude oil production, stronger investment in both upstream and downstream sectors, and tighter management of dollar demand.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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