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🇳🇬 Nigeria /Economy & Trade

Naira strengthens to around 1,329 per dollar in official market

From Vanguard · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News From a news agency Context piece
  • The Nigerian naira traded at about 1,329 per U.S. dollar in the official market on Sept. 3, 2026.
  • The parallel-market exchange rate remained significantly higher than the official rate.

The naira continued to gain ground against the U.S. dollar on Thursday, trading at around 1,329 per dollar in Nigeria’s official market.

The parallel market, however, remained significantly higher, highlighting the gap between the two exchange rates.

About this summary

Originally published by Vanguard in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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