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Dollar to Naira exchange rate today, October 7, 2026
Summary by The Lagos Editorial Desk Henry Oduah , as published by Vanguard
· October 7, 2026
· 1 min read
Photo: Vanguard · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Henry Oduah, as published by Vanguard Original story Read at the source Source published Oct 7, 2026 Indexed here Oct 7, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points In the parallel market, the naira weakened against the United States dollar, with the dollar trading at about ₦1,362. The Nigerian naira's value changed on Wednesday, October 7, 2026, with different outcomes in two markets.
The Nigerian naira's value changed on Wednesday, October 7, 2026, with different outcomes in two markets. In the parallel market, the naira weakened against the United States dollar, with the dollar trading at about ₦1,362. This was up from ₦1,357 on Tuesday.
At the official Nigerian Foreign Exchange Market, the naira strengthened, appreciating to ₦1,331.50 per dollar. This represented a ₦1.40 gain in value compared to the previous session. The difference between the official and parallel markets widened to ₦30.50 per dollar.
Further details on the market activity and exchange rates are available from the Central Bank of Nigeria and other sources.
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Category: News Published: October 7, 2026 Source: Vanguard Reading time: 1 min
Frequently asked about this story
What is this story about? The Nigerian naira's value changed on Wednesday, October 7, 2026, with different outcomes in two markets. In the parallel market, the naira weakened against the United States dollar, with the dollar…
When was this published? This article was first published on October 7, 2026 by Vanguard and curated for The Lagos readers.
Who reported this story? This story was reported by Henry Oduah at Vanguard. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
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