Naira Exchange Rate Against Dollar on September 12, 2026
On September 12, 2026, the Nigerian currency, Naira (₦), was traded at ₦1,326.5192 per US dollar in the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). This rate reflects a decrease from the previous day's rate of ₦1,328.2154.
In contrast, the Naira closed at ₦1,390 to the dollar in the parallel market. The rates offered by commercial banks, Bureau de Change (BDC) operators, and other foreign exchange dealers may vary due to transaction margins and the current demand and supply conditions.
Market participants are expected to keep a close watch on foreign exchange inflows, the demand for dollars, and the policies of the CBN to determine if the Naira can maintain its gains throughout the month.
Plus234Feed summary based on reporting from Naijanews. Read the original report below.
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