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Finance
September 16, 2026

Nigeria’s Naira Trades at ₦1,329 Per Dollar at Official Market

The Nigerian naira traded at about ₦1,329.15 to the US dollar at the official foreign exchange market on Wednesday, September 16, 2026, according to market reports.

The currency was also reported to be trading around ₦1,380–₦1,385 per dollar in the parallel market, highlighting the continued difference between the official and parallel exchange rates. 

The latest exchange-rate movement comes as businesses and consumers continue to monitor developments in the foreign-exchange market, particularly the impact of currency movements on imported goods, operating costs and prices.

The naira’s performance remains closely watched by investors and businesses as Nigeria works to strengthen foreign-exchange liquidity and improve confidence in the local currency.

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