English>
Your daily Naira exchange rate

Market News

Naira rises, now N1,370/$ in parallel market - VANGUARD

OCTOBER 01, 2026

By Elizabeth Adegbesan


The Naira yesterday appreciated to N1,370 per dollar from N1,375 in the parallel market on Tuesday. Similarly, the naira appreciated to N1,329.5 per dollar in the Nigerian Foreign Exchange Market, NFEM.

Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell to N1,329.5 per dollar from N1,331 per dollar on Tuesday, indicating N1.5 appreciation for the naira.

Consequently, the margin between the parallel and official markets narrowed to N40.5 per dollar from N44 per dollar on Tuesday.

The value of interbank turnover in NFEM rose sharply by 122.6 percent to $179.6 million from $80.6 million on Tuesday.

MARKET NEWS

October 01 Naira extends appreciation against USD - DAIL YPOST October 01 FX Inflows Hit $32.4bn As Autonomous Sources Drive Nigeria’s External Liquidity - INDEPENDENT October 01 Naira Gains N1.31 Against Dollar at NAFEM - DAILY POST October 01 Naira rises, now N1,370/$ in parallel market - VANGUARD October 01 Naira strengthens against dollar at official FX market - NIGERIAN TRIBUNE October 01 Digital address for Nigerian homes operational from October 1 – FG - DAILY TRUST September 30 Canada's 'resilient' economy means Bank of Canada needs to start hiking, economist sa... (read more) September 30 Kenya’s inflation at 6.8% year-on-year in September - REUTERS September 30 Gold Holds Steady as Market Awaits Key US Inflation Indicator - BLOOMBERG September 30 Canada's economic growth unchanged in July, August likely to expand 0.2% - REUTERS September 30 FG declares Thursday public holiday to mark Nigeria’s 66th independence anniversary - BUSINESSDAY September 30 Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected September 30 Zambia aims to lift economic growth to 7% over next three years - REUTERS September 30 Nigeria’s NNPC profit up a third to $5.43 billion in 2025 - REUTERS September 30 Zambia makes huge rate cut, says inflation comfortably on target - REUTERS September 30 South Africa’s producer inflation slows to 5.0% year-on-year in August - September 30 Senegal and IMF to hold call with external creditors on debt plan - REUTERS September 30 Nigerian court orders regulator to keep issuing fuel import licences to marketers - REUTERS September 30 Euro's dollar resilience faces energy price, political risk tests - REUTERS September 30 Sterling at strongest in over a month versus euro after GDP revision reinforces BoE h... (read more) September 30 AfDB-backed programme certifies 572 young Nigerian artisans - CHANNEL AFRICA September 30 South African rand firms as traders assess raft of local economic data - REUTERS September 30 Indigenous operators now produce 50% of Nigeria’s oil — FG - VANGUARD September 30 Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected September 30 Naira trades N1,331 against dollar at official FX market - NIGERIAN TRIBUNE September 30 Naira appreciates against USD - DAILY POST September 30 CBN Warns Kano Traders Against Naira Abuse, Says Naira Remains Symbol of National Pri... (read more) September 30 Naira rises, now N1,370/$ in parallel market - VANGUARD September 30 Naira Appreciates to N1,330/$1 at Official Market - BUSINESS POST September 30 Nigeria’s Dangote says Lagos refinery IPO attracts ‘enormous’ investor demand - REUTERS

SEE HOW MUCH YOU GET IF YOU SELL

NGN
Subscribe to abokiFX to see rates.
  • Unlimited access to abokifx.com
  • Access via our mobile apps
  • Market data and analytics
  • The Week Ahead, our subscriber-only newsletter
Weekly
£1 per week
Charged £1 in advance every week.
Premium
£25 per year
Charged £25 in advance every year.
API
£100 per year
Charged £100 in advance annually.
Subscribe now
You are able to cancel at any time. Payment terms and conditions apply.
© 2026 abokiFX | All Rights Reserved
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics