Naira exchange rate today, September 18, 2026: Naira appreciates against USD after depreciation
The naira appreciated slightly against the dollar at the official foreign exchange market on Friday, ending three straight days of depreciation. Central Bank of Nigeria data showed that the naira strengthened marginally to N1,331.20 on Friday from N1,331.28 traded on Thursday. This means that the naira gained N0.08 against the dollar on a day-to-day basis. Meanwhile, at the black […] Naira…
On Friday, the Nigerian naira experienced a marginal appreciation against the US dollar after three consecutive days of depreciation, according to data released by the Central Bank of Nigeria. The official exchange rate at the foreign exchange market saw the naira strengthen to N1,331.20 from N1,331.28 the previous day, marking an increase of N0.08.
However, the black market saw no change in the exchange rate, maintaining it at N1,392 per dollar for both Friday and Thursday. As of September 17, 2026, the country's external reserves stood at $54.69 billion, as reported by the apex bank. Throughout the week, the naira recorded more losses than gains in the official foreign exchange market.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
