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Naira stable at ₦1,328.17/$ in official FX market

The Naira held a relatively stable position in both the official Nigerian Foreign Exchange Market and the parallel market on October 2, 2026.

At the official window, trading data shows the United States Dollar exchanging at approximately ₦1,328.17. That is close to the Central Bank of Nigeria reference rate of ₦1,329.16.

The figure reflects minimal movement from the previous session. It points to continued tight control and liquidity adjustments within the official market framework.

In the parallel market, the greenback was bought at roughly ₦1,375 and sold for as much as ₦1,390.

Street-level currency traders report steady demand for cash transactions. This has kept the parallel market premium over the official rate within a familiar range.