The Nigerian naira recorded a marginal movement against the United States dollar at the official foreign exchange market on Thursday, September 24, 2026.
Data from the Central Bank of Nigeria (CBN) showed that the naira closed at ₦1,328.6687 to $1 on Thursday, compared with ₦1,328.4974/$1 recorded on Wednesday.
The latest figure represents a marginal depreciation of about ₦0.17, or roughly 0.01 per cent, against the dollar at the official market.
At the parallel market, commonly referred to as the black market, the naira closed at approximately ₦1,385 to $1 on Thursday.
This means the parallel-market rate was about ₦56.33 higher than the official CBN reference rate.
However, exchange rates offered by commercial banks, Bureau de Change (BDC) operators and other foreign exchange dealers may vary from the reference rates due to transaction margins, market conditions and prevailing demand and supply.
Market participants are expected to continue monitoring foreign exchange inflows, dollar demand and monetary policy developments for indications of the naira’s direction in the coming days.
