Naira Gains N11 Against Dollar at CBN FX Market

On September 3, 2026, the Nigerian naira appreciated by N11 against the United States dollar, trading at N1,315.6717 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window. The naira closed at N1,322.5000 per dollar, improving from an NFEM rate of N1,326.6862 on September 2, 2026.
The CBN's official platform reported this exchange rate, indicating a positive trend in trading activities. In the parallel market, the buying rate for the naira remained unchanged, while the selling rate increased by N5 compared to the previous trading day on September 2, 2026.
On the same day, the black market rates for the naira were N1,395 for buying and N1,405 for selling per dollar. This appreciation reflects ongoing fluctuations in Nigeria's foreign exchange market.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
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