The dollar-to-naira exchange rate opened trading on Monday, September 28, 2026, with market participants monitoring movements in the Nigerian Foreign Exchange Market and the parallel market. The official rate was approximately ₦1,327.16 per dollar, while the parallel market rate was yet to be independently confirmed for that day. The last parallel market quote was about ₦1,385 on Friday, September 25, according to BusinessDay. The Central Bank of Nigeria calculates the official NFEM rate using a volume-weighted average of transactions.
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