The naira held steady on the stronger side in the Nigerian Foreign Exchange Market as trading opened on Thursday, September 10, 2026, even as the currency continued to change hands at a weaker rate in the parallel market.

Available market data placed the official dollar-to-naira exchange rate at approximately N1,322.72 per US dollar. The rate source recorded N1,322.72 to the dollar as of September 9, with the same figure also listed as the historical rate for September 10.

In the parallel market, the dollar was quoted at between N1,380 and N1,390, depending on whether one was buying or selling. One market tracker put the buying rate at N1,380 and the selling rate at N1,390 early on Thursday.

A separate parallel-market tracker also placed the dollar at around N1,390 on September 10, though it noted that rates can differ from one location and dealer to another.

The gap between the official NFEM rate of N1,322.72 and the parallel-market selling rate of N1,390 stood at roughly N67.28 per dollar.

Recent sessions have shown the naira holding relatively firm in the official market. Reports citing Central Bank of Nigeria data indicated that the currency traded at about N1,320 per dollar on September 8, following further gains recorded at the official window.

At the time of this report, the parallel market remained above the official rate, underscoring the persistent gap between regulated foreign-exchange transactions and informal market pricing.

Exchange rates can shift during the course of the day depending on dollar supply, demand, trading volumes and interventions by the CBN. The parallel-market figures quoted should therefore be treated as indicative rather than fixed transaction rates.

For Nigerians seeking dollars for travel, school fees, imports, business transactions or other legitimate foreign-exchange needs, the actual rate offered by a bank or licensed Bureau de Change may differ from both the NFEM and parallel-market figures.