Dollar to Naira Exchange Rate Today – October 1, 2026 (Official CBN & Parallel Market)

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Dollar to Naira Exchange Rate Today, October 1st

As of Thursday, October 1, 2026, the latest available official data from the Central Bank of Nigeria (CBN) / Nigerian Foreign Exchange Market (NFEM) shows the US dollar trading near ₦1,328.66 – ₦1,329.16 (central/selling range from the most recent published figures, primarily reflecting the September 30, 2026 session).

This represents a modest strengthening of the naira compared with the previous session’s indicative rate around ₦1,330.47.

In the parallel (black/street) market, the dollar closed in the region of ₦1,380 – ₦1,390 (buy/sell quotes commonly reported around ₦1,376–₦1,384 buy and higher sell levels across major centres such as Lagos).

Key rates summary (latest available as of October 1, 2026):

•  Official / NFEM (CBN reference): ≈ ₦1,328.66 – ₦1,329.16 per $1

•  Parallel market: ≈ ₦1,380 – ₦1,390 per $1

Commercial banks, Bureau de Change (BDC) operators and other dealers may quote rates that differ from these reference figures because of transaction margins, local demand and supply, and operating costs.

Market participants continue to watch foreign-exchange inflows, oil-related dollar supply, overall demand for the greenback, and any further CBN policy signals for clues on whether the naira can maintain recent stability through October.

Important notes

•  Official CBN/NFEM rates are typically published on trading days and may not update every calendar day.

•  Parallel-market rates fluctuate intraday and vary by location and volume.

•  Always verify live rates with your bank, licensed BDC or the official CBN website before any transaction.

•  This article is for informational purposes only and does not constitute financial advice.

Sources: Central Bank of Nigeria published rates, market reports from Nigerian financial media and parallel-market trackers (figures as of the close of the most recent trading session / early October 1 reporting).

About the Author

Samuel O. Sulaimon is the founder and Editor-in-Chief of Naijapiz. He covers News, Sports, Finance, Faiths, Education, Technology.

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