Naira strengthens to N1,333/$ ahead of September inflation report as FX turnover swings
The naira strengthened to N1,333 per dollar at the Nigerian Foreign Exchange Market (NFEM) on October 14, 2026, ahead of the release of Nigeria’s September inflation report by the National Bureau of Statistics (NBS). The post Naira strengthens to N1,333/$ ahead of September inflation report as FX turnover swings appeared first on Nairametrics .
The Nigerian naira strengthened to N1,333 per dollar on October 14, 2026, ahead of the release of the September inflation report by the National Bureau of Statistics (NBS). The Central Bank of Nigeria (CBN) reported that the currency gained N2.50 from its previous closing rate of N1,335.50 per dollar on October 13. The exchange rate fluctuated between N1,330 and N1,334.50 during the session, with a weighted average rate of N1,332.59.
The latest appreciation follows a series of movements within the N1,320 to N1,336 range in September and October. Investors are awaiting the September inflation data, which will provide insight into the direction of price pressures in the country.
Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
