The Naira has depreciated to N1,385 per dollar in the parallel market, a decline from N1,380 per dollar the previous day, according to Vanguard.

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 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.

The naira experienced its most significant daily decline since April, closing at N1,389 per dollar in the official foreign exchange market on June 24, 2026, according to Nairametrics.

The Nigerian naira recorded a 2.58 percent appreciation in the official foreign exchange market, according to Legit.ng, marking a gain for the currency in that window. However, the naira weakened in the parallel market during the same period, a divergence that analysts say underscores persistent demand pressures on the currency. The report also points to risks posed by falling oil prices, which remain a key factor influencing Nigeria's foreign exchange earnings and the naira's overall stability across different market segments.

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.