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Naira depreciates against dollar at official FX market

Iriche Emmanuel
Last updated: September 25, 2026 1:25 pm
Iriche Emmanuel
Published: September 25, 2026
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…Black market (Buying and selling rates): N1,382— N1,387

 

The Nigerian naira slightly depreciated against the United States (US) dollar, trading at N1,328.6687 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window on Thursday, September 24, 2026.

 

The data shared on the CBN’s official platform shows that the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,328.6687 per dollar and closed at N1,329.0000 per dollar.

 

The currency, which traded at an NFEM rate of N1,328.4974 on September 23, 2026, depreciated slightly by at least N0.17 after trading activities on Thursday. 

At the parallel market, both the buying and the selling rate remained the same when compared to the previous trading rate on Wednesday, September 23, 2026.

 

According to Aboki FX , the Naira-to-dollar exchange rate at the black market on Thursday, September 24, 2026, was N1,382 and N1,387 per dollar for buying and selling rates, respectively. 

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