Naira Falls to N1,329.51/$ at Official Market, N1,390 at Parallel Market

The Nigerian naira depreciated against the US dollar across foreign exchange markets on Friday, September 25, 2026, ending the week on a weaker note.

Data from the Central Bank of Nigeria (CBN) showed that the naira fell to N1,329.51 per dollar at the official foreign exchange market, compared with N1,328.67 recorded on Thursday.

This represents a N0.84 depreciation per dollar on a day-to-day basis.

At the parallel market, the naira also weakened, trading at N1,390 per dollar on Friday, compared with N1,385 on Thursday.

Despite the daily decline, the naira recorded a N1.68 gain against the dollar on a week-on-week basis at the official market.

Meanwhile, Nigeria’s external reserves continued their upward trend, reaching $54.86 billion as of September 24, 2026, according to CBN data.

The latest exchange-rate movement reflects continued fluctuations in the naira’s value across Nigeria’s foreign exchange markets.

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