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Naira depreciates to N1, 331 to dollar at official market Monday

Naira depreciates to N1, 331 to dollar at official market Monday

 

 

Lagos, Sept. 2026 – The Nigerian currency, Naira, depreciated against the dollar to N1, 331.3292 to the dollar at the official foreign exchange market on Monday.

The naira had depreciated from N1, 329.5138 to the dollar at the last trading day on Friday.

Bid rates quoted by dealers at the market on Monday ranged between N 1,330.0000 and N1,332.0000 to the dollar.

Meanwhile, the naira is being traded at the black market in Lagos at between N1,375 and N1,382 to the dollar.

 

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