Exchange Rate Today, September 2, 2026: Naira extends appreciation as foreign reserves hit $53.90bn

The naira extended its appreciation against the dollar astatine the authoritative overseas speech marketplace connected Wednesday arsenic Nigeria’s overseas reserves roseate to $53.90 billion.

Data from the Central Bank of Nigeria, CBN, showed that the naira strengthened further connected September 2, 2026, to N1,326.69 per dollar, compared with N1,329.43 traded the erstwhile day.

This means that the naira appreciated by N2.74 against the dollar connected a day-to-day ground astatine the authoritative overseas speech market.

Meanwhile, astatine the parallel market, the naira remained unchanged astatine N1,400 per dollar connected Wednesday, the aforesaid complaint recorded connected Tuesday.

The mixed sentiment crossed the overseas speech markets comes arsenic the country’s overseas reserves roseate further to $53.90 cardinal arsenic of September 1, 2026.

Recall that connected Tuesday, the naira appreciated against the dollar to statesman the period connected a affirmative note.

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