The Nigerian naira is trading at different levels against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Wednesday, September 16, 2026. Latest official data from the Central Bank of Nigeria put the NFEM rate at ₦1,329.15 per dollar for the September 15 trading session, described as the volume-weighted average and official exchange rate for the day. In the parallel market, the dollar is quoted at about ₦1,380 for buying and ₦1,385 for selling, according to Aboki Forex's latest market update, which says its rates are updated hourly based on rates collected from dealers across major Nigerian cities. This means buyers looking to purchase $1 in the parallel market may need about ₦1,385, while those selling a dollar could receive around ₦1,380, depending on the dealer, location and transaction size.
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