Naira exchange rate today, September 18, 2026: Naira appreciates against USD after depreciation

The naira appreciated slightly against the dollar at the official foreign exchange market on Friday, ending three straight days of depreciation.

Central Bank of Nigeria data showed that the naira strengthened marginally to N1,331.20 on Friday from N1,331.28 traded on Thursday.

This means that the naira gained N0.08 against the dollar on a day-to-day basis.

Meanwhile, at the black market, the naira remained unchanged on Friday at N1,392 per dollar, the same exchange rate traded on Thursday.

Recommended

Chinese Traders: Economist, Yusuf calls for urgent policy review of Nigeria’s retail sector

Nigerian filling stations under pressure to reduce fuel price as crude oil falls

Why we can’t fix petrol prices in Nigeria – NMDPRA

Friday’s mixed sentiment across the official and black markets comes as the country’s external reserves stood at $54.69 billion as of September 17, 2026, according to data from the apex bank.

DAILY POST reports that in the week under review, the naira recorded more losses than gains at the official foreign exchange market.

You may like

NUPRC sets deadline, threatens to revoke idle Nigerian oil block Licences

Aliko Dangote appointed Grand Patron of Global Entrepreneurship Festival 2026

Egerton-Idehen underfire over alleged procurement irregularities, poor staff welfare at NIGCOMSAT