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Dollar to Naira exchange rate update – September 22, 2026
VIA NAIJA NEWS:
The naira put up a fight against the dollar at Monday’s official forex market, data from the Central Bank of Nigeria shows.
| Market | Monday (21/09/2026) | Sunday | Change |
|---|---|---|---|
| Official (CBN) | ₦1,329.80/$1 | ₦1,331.20/$1 | Slight gain |
| Parallel (Black Market) | ₦1,389/$1 | — | — |
Despite the marginal improvement at the official window, the naira still trades at a steep gap on the black market, where commercial banks, BDC operators, and other dealers may quote rates that differ due to transaction margins and demand-supply dynamics.
Analysts say all eyes remain on forex inflows, dollar demand, and CBN policy moves to see whether the local currency can hold its gains through the rest of the month.
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