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Naira Trades At ₦1,364.83/$1 As Dollar Market Remains Stable

LAGOS, NIGERIA — The Nigerian Naira traded at ₦1,364.83 per US dollar in the official foreign exchange market, continuing a period of relative stability across official transaction windows.

Data published by the Central Bank of Nigeria (CBN) showed that the local currency experienced minor adjustments compared to the ₦1,357.65/$1 rate recorded on Thursday, August 13, 2026.

Key Financial & Market Highlights

  • Official Closing Rate: The Naira exchanged at ₦1,364.83/$1, reflecting balanced dollar supply and demand dynamics across official bank channels.

  • Previous Session Comparative: The rate showed a slight shift from the ₦1,357.65/$1 benchmark reported during the previous trading day.

  • Market Liquidity Framework: Continued interventions, liquidity management, and foreign portfolio inflows have helped maintain orderly market conditions and reduce sharp price swings across the official foreign exchange market.

┌────────────────────────────────────────────────────────────────────────┐
│               OFFICIAL NIGERIAN FOREIGN EXCHANGE MATRIX                │
├────────────────────────────────────────────────────────────────────────┤
│ • Benchmark Pair   : USD / NGN                                         │
│ • Current Rate     : ₦1,364.83 / $1.00                                   │
│ • Previous Rate    : ₦1,357.65 / $1.00 (Thursday, August 13, 2026)      │
│                                                                        │
│ • Primary Source   : Central Bank of Nigeria (CBN) Data                │
│ • Market Condition : Stable trading range & sustained dollar supply    │
└────────────────────────────────────────────────────────────────────────┘

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