Rifnote Loading your desk
Dollar to Naira exchange rate update – September 05, 2026

Dollar to Naira exchange rate update – September 05, 2026

Share:

VIA NAIJA NEWS:

The Nigerian currency, Naira (₦), continued its battle against the United States dollar at the official foreign exchange market on Friday.

Data from the Central Bank of Nigeria (CBN) showed that the local currency recorded a slight change from Thursday’s rate. Market participants will continue to monitor foreign exchange inflows, dollar demand and CBN policies for indications of whether the naira can sustain its gains through the month.

MarketFridayThursday
Official (CBN)₦1,321.2160/$1₦1,315.6717/$1
Parallel (Black Market)₦1,405/$1—

Rates offered by commercial banks, Bureau de Change (BDC) operators and other forex dealers may differ from these reference rates due to transaction margins and prevailing demand and supply conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *