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Naira slips to N1,332 per dollar as parallel-market rate holds steady

By Zee Dladla | 09.10.2026 | Business Last Updated On 09.10.2026

Naira slips to N1,332 per dollar as parallel-market rate holds steady

The naira lost further ground against the US dollar in Nigeria’s official foreign-exchange market on Thursday, slipping to N1,332.10 from N1,331.77 a day earlier. The move represented a N0.33 decline in the currency’s value over the session. Trading in the parallel market was steadier, with the naira holding at N1,385 per dollar, unchanged from Wednesday.

The divergent market performance came as Nigeria’s external reserves continued to rise, reaching $55.05 billion on October 7, 2026. The naira had weakened in both the official and parallel markets on Wednesday.

Written by
Zee Dladla
Staff Writer

Zibuyile began her media journey as a sales intern at Mediamark (Kagiso Media) before moving into digital content creation for ZAlebs.com. Over four years, she helped evolve the platform from a simple blog into one of South Africa's leading independent entertainment news sites.

Following ZAlebs' transition to Celebrity Worx in 2016, Zibuyile was promoted to Executive Editor, recognized for her sharp audience insight and ability to match editorial with branded content. Highlights of her time include a Bookmark Award nomination, judging TLC's Next Great Presenter, reporting from the MTV EMAs, and building partnerships with radio stations like YFM, Cliff Central, and Good Hope FM.

Her editorial work also expanded to include fast-growing digital verticals—such as lifestyle tech, online entertainment, and gambling-related content—tailored to evolving reader interests and brand opportunities.

Published on 09.10.2026
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