The naira opened the week marginally stronger at Nigeria's official foreign-exchange window, improving to N1,320.56 per dollar from N1,321.22, while its parallel-market value held steady. According to Zalebs, the move followed a rise in the country's foreign-exchange reserves to $54.13 billion and came after the currency's decline on Friday ended a four-session advance.

The Nigerian naira strengthened slightly against the United States dollar in the parallel market, appreciating to N1,387 per dollar from N1,390 recorded on Monday, according to Vanguard Business. The modest gain reflects day-to-day movement in the informal foreign exchange market, where the currency is traded outside official channels. The report, published by Vanguard News, did not provide reasons for the appreciation or figures from the official exchange window, focusing solely on the parallel market rate change observed over the period.

The naira appreciated slightly against the US dollar at Nigeria's official foreign exchange market on Monday, September 7, 2026, according to Central Bank of Nigeria data. The currency strengthened to N1,320.56 per dollar from N1,321.22 recorded on the previous Friday, a gain of N0.66. The modest improvement meant the naira began the week on a positive note at the official market, as reported by the Daily Post.

Foreign exchange turnover in the Nigerian Foreign Exchange Market (NFEM) fell sharply on Monday, September 7, dropping to N107.07 million, its lowest level in five months, according to Nairametrics. The decline in trading activity came as the naira strengthened against the US dollar, firming to N1,320 per dollar. The report highlights a notable slowdown in market turnover even as the local currency recorded gains in the official foreign exchange window.

The naira has stabilised at N1,370.19 per USD, attributed to the Central Bank of Nigeria's (CBN) intervention which has reduced volatility in the currency market. This stability is further supported by rising global oil prices, which are seen as promising for Nigeria's economy.

The Nigerian naira continued to trade against the United States dollar at the official foreign exchange market on Monday, according to Naija News. The outlet published its daily report on the dollar-to-naira exchange rate for September 8th, 2026, tracking the local currency's ongoing performance in the forex market. The report provides the latest figures on the naira's value relative to the US dollar at the official window.