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Dollar to Naira exchange rate update – September 17, 2026

Dollar to Naira exchange rate update – September 17, 2026

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VIA NAIJA NEWS:

The naira’s tussle with the dollar continued on Wednesday, September 16, as fresh Central Bank of Nigeria (CBN) data showed the local currency losing a bit more ground at the official market.

MarketWednesdayTuesday
Official (CBN)₦1,329.8568/$1₦1,329.1485/$1
Parallel (Black Market)₦1,394/$1

The gap between official and street rates persists, and actual offers from banks, BDCs, and other dealers may vary depending on transaction margins, demand, and supply conditions on any given day.

For now, all eyes remain on forex inflows, dollar demand, and CBN’s next moves — key signals that will determine whether the naira can hold its ground, or keep sliding, as September rolls on.

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