Dollar to Naira Exchange Rate Update for February 2026

On February 16, 2026, the dollar to naira exchange rate was reported, highlighting the black market rates as of February 15, 2026. The selling rate for the dollar was noted at 1400 naira, while the buying rate was at 1375 naira.

The article emphasizes that these rates do not reflect the official parallel market rates and advises individuals wishing to engage in currency exchange to approach banks with respect. The context of the exchange rates suggests ongoing fluctuations in Nigeria's currency market, reflecting broader economic conditions.