The Nigerian naira remained relatively stable against the US dollar on Friday, October 2, 2026, across the official and parallel foreign exchange markets.

At the official Nigerian Foreign Exchange Market (NFEM), the dollar traded at about ₦1,328.17, close to the Central Bank of Nigeria (CBN) reference rate of ₦1,329.16 per dollar.

In the parallel market, the US dollar was reportedly bought for around ₦1,375 and sold for approximately ₦1,390.

The difference between the official and parallel-market rates continues to reflect variations in dollar supply, demand and access across the different segments of Nigeria’s foreign exchange market.

Dollar to Naira Rate Today

• Official NFEM rate: About ₦1,328.17/$

• CBN reference rate: ₦1,329.16/$

• Parallel-market buying rate: About ₦1,375/$

• Parallel-market buying rate: About ₦1,375/$

Exchange rates can change during the day depending on market conditions, liquidity and demand.

For the latest currency, business and financial news, GistZone will continue to provide updates.