Naira Strengthens to N1,328.22 per Dollar as Parallel Rate Holds Steady

By Zee Dladla | 11.09.2026 | Business Last Updated On 11.09.2026

Naira Strengthens to N1,328.22 per Dollar as Parallel Rate Holds Steady

The naira regained ground against the US dollar on Thursday, September 10, 2026, in Nigeria’s official foreign-exchange market, while its parallel-market rate held steady.

What happened in the currency market

  1. Central Bank of Nigeria figures put the official exchange rate at N1,328.22 per dollar on Thursday, compared with N1,329.21 a day earlier. The move represented a N0.99 gain for the naira.
  2. In the parallel market, the currency traded at N1,390 to the dollar, unchanged from Wednesday.
  3. The divergent performance came as Nigeria’s external reserves continued to climb, reaching $54.34 billion on Wednesday, based on central-bank data.
  4. The latest appreciation followed a decline recorded on Wednesday, when the naira posted its first weekly loss against the dollar.
Written by 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 11.09.2026
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