Di Nigerian naira open market on Tuesday, September 15, 2026, with di local currency trading around ₦1,326.30 per dollar for official Nigerian Foreign Exchange Market, NFEM. For parallel market, greenback dey quoted between ₦1,385 and ₦1,410. Di latest official figure wey Central Bank of Nigeria publish show say NFEM rate stand at ₦1,326.3014/$ on Monday, September 14.
According to market data, di official rate na volume-weighted average of transactions for official market. For parallel market, current trackers put dollar at about ₦1,385 on buying side and ₦1,410 on selling side on Tuesday. Rates fit vary between dealers, locations and transaction sizes.
Di parallel-market selling rate of ₦1,410 carry premium of about ₦83.70 over latest official NFEM rate of ₦1,326.30. Meaning say if person buy $100 at parallel-market selling rate, e go need about ₦141,000, while $1,000 go cost around ₦1.41 million.
Naira still maintain relative stability for official window in recent trading sessions. CBN latest data show currency at ₦1,326.30/$ on September 14. But gap between official and parallel markets continue to show differences in dollar supply, demand and access across two segments of foreign exchange market. Exchange rates remain subject to changes during day as market conditions, dollar liquidity and demand fluctuate. For September 15, latest available rates put dollar at approximately ₦1,326.30/$ for NFEM and between ₦1,385 and ₦1,410/$ for parallel market.
For another report, naira appreciate small against United States dollar for official foreign exchange market on Monday, September 14, 2026. Nigerian currency gain 22 kobo, or 0.02 per cent, for Nigerian Foreign Exchange Market, NAFEM, to close at N1,326.30/$1, compared with N1,326.52/$1 recorded for previous trading session.
Di naira also strengthen against British pound and euro during di session. E appreciate by N5.70 against pound to close at N1,786.13/£1, compared with N1,792.52/£1 previously. Similarly, local currency gain N13.75 against euro to close at N1,529.36/€1, compared with N1,540.22/€1 in previous session.
However, naira depreciate against US dollar at GTBank foreign exchange counter. Currency weaken by N5 to N1,335/$1 from N1,330/$1 recorded previously. For parallel market, naira trade flat at N1,370/$1 according to one report, even as other market trackers quote between N1,385 and N1,410 per dollar.
Activity data show say foreign exchange turnover at NAFEM fall by about 35.8% to $95.611 million on Monday from $148.848 million recorded in previous trading session. FX analysts expect naira to maintain appreciation trend in September, with official exchange rate potentially testing N1,300/$1 level as stronger external reserves and improved FX market liquidity support foreign exchange supply.
Federal Government say stabilisation of naira, clearance of foreign exchange backlogs, stronger economic growth and improving inflation help Nigeria qualify for inclusion in J.P. Morgan newly introduced government bond index. Development mark Nigeria return to J.P. Morgan government bond benchmark more than a decade after country was removed from bank GBI-EM index in 2015.
For statement on Monday, Ministry of Finance say selected Federal Government of Nigeria (FGN) bonds been assigned 7.4% weighting in J.P. Morgan newly introduced Government Bond Index-Emerging Markets Edge (GBI-EM Edge). Ministry say development expected to attract additional foreign portfolio inflows as funds tracking index adjust portfolios to reflect Nigeria weighting.
Earlier, report say businesses operating in Nigeria expect naira to strengthen gradually against US dollar through January 2027, based on findings from Central Bank of Nigeria July 2026 Business Expectations Survey. Survey show say business confidence remain positive despite persistent economic challenges. CBN record overall Business Confidence Index (BCI) of 5.7 points for July 2026. Businesses cite three major factors behind their positive outlook.
