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Dollar to Naira exchange rate update – September 10, 2026

Dollar to Naira exchange rate update – September 10, 2026

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VIA NAIJA NEWS:

The Naira faced renewed pressure against the US Dollar on Wednesday across both official and parallel markets.

According to data from the Central Bank of Nigeria (CBN), the local currency depreciated at the official window, while the parallel market also recorded a weaker close.

MarketWednesday/Tuesday ClosePrevious Rate
Official (CBN)₦1,329.2129/$1₦1,320.2469/$1 (Tues)
Parallel (Black Market)₦1,390/$1 (Tues close)—

Naija News notes that rates quoted by commercial banks, Bureau de Change (BDC) operators, and other forex dealers may differ from these reference figures due to transaction margins and prevailing demand-supply dynamics.

Analysts say the Naira’s trajectory this month will hinge on dollar inflows into the economy, demand pressure from importers and other end-users, and the direction of CBN’s policy interventions. Market watchers will be keeping a close eye on these factors to determine whether the currency can claw back some of its recent losses.

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