Dollar to Naira exchange rate today, September 9, 2026: Naira records first depreciation against US currency
The naira recorded its first depreciation on Wednesday at the official foreign exchange market. Central Bank of Nigeria data showed that the naira weakened for the first time this week, falling to N1,329.21 per dollar on Wednesday from N1,320.25 on Tuesday. This means that the naira dropped by N8.96 on Wednesday after recording two consecutive […] Dollar to Naira exchange rate today, September 9,…
The Nigerian naira experienced its first depreciation against the US dollar on Wednesday at the official foreign exchange market, according to data from the Central Bank of Nigeria. The naira weakened to N1,329.21 per dollar on Wednesday, down from N1,320.25 on Tuesday. This marks a drop of N8.96 for the naira after it had recorded two days of gains at the official market.
At the parallel market, the naira remained unchanged at N1,490 per dollar on Wednesday, mirroring the rate from the previous day. This development unfolded as the country's external reserves continued to climb, reaching $54.28 billion on Tuesday. It is worth noting that on both Monday and Tuesday, the naira appreciated against the dollar at the official exchange market.
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