Naira Strengthens Against Dollar at CBN FX Market
On October 6th, 2026, the Nigerian naira appreciated against the United States dollar, trading at N1,330.8745 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window. The naira closed at N1,331.5000 per dollar, showing an appreciation of at least N0.81 from the previous trading rate of N1,331.6875 on October 5th, 2026.
In the parallel market, the buying and selling rates for the naira increased by N5 compared to the rates on October 5th, 2026. The black market exchange rate for the naira on October 6th, 2026, was reported at N1,360 for buying and N1,370 for selling per dollar.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
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