Dollar to Naira exchange rate update – September 09, 2026
VIA NAIJA NEWS:
The Naira’s tussle with the US dollar persisted on Tuesday at the official foreign exchange market, according to Central Bank of Nigeria (CBN) data cited by Naija News.
At the Nigerian Autonomous Foreign Exchange Market, the local currency closed at ₦1,320.2469/$1, a slight shift from Monday’s ₦1,320.5574/$1.
| Market | Tuesday | Monday |
|---|---|---|
| Official (NAFEM) | ₦1,320.2469/$1 | ₦1,320.5574/$1 |
| Parallel (Black Market) | ₦1,400/$1 | — |
Rates offered by commercial banks, Bureau de Change (BDC) operators, and other forex dealers may differ from these reference figures, owing to transaction margins and prevailing demand-supply dynamics.
Going forward, market watchers say attention remains on forex inflows, dollar demand, and CBN policy direction — key indicators of whether the Naira can sustain its gains through the month.
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