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Dollar to Naira exchange rate update – September 16, 2026

Dollar to Naira exchange rate update – September 16, 2026

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The naira kept up its fight against the dollar at the official market on Tuesday, September 15, 2026, according to Central Bank of Nigeria (CBN) data.

MarketTuesday RateMonday Rate
Official (CBN)₦1,329.1485/$1₦1,326.3014/$1
Parallel (Black Market)₦1,394/$1

That’s a slight slip on the official window from Monday’s figure. Meanwhile, rates from banks, BDCs, and other dealers may vary due to transaction margins and demand-supply dynamics.

Analysts say all eyes remain on forex inflows, dollar demand, and CBN policy direction as the market watches whether the naira can hold its gains through the rest of the month.

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