Here is the latest news on the Naira exchange rate in Nigeria today, February 15, 2026:
📊 Today's Naira to Dollar exchange rate:
• On the forex market, $1 is around ₦1354 Naira.
• This means the Naira has strengthened slightly compared to last week, but there has been no significant change yet.
FX Rate
FX Rate
📈 What's happening in the market:
• The Central Bank of Nigeria (CBN) has announced that bank dealers (BDCs) can now buy up to $150,000 US dollars per week from banks, to increase access to dollars and stabilize prices. This move will help reduce the price difference between the official and over-the-counter markets.
Reuters
📌 What this change means:
If the Naira is strong (as it is currently around ₦1,354/$1), it means there are more dollars in the market or the CBN is trying to stabilize the value of the currency.
FX Rate
This rate may increase or decrease depending on the demand for the dollar and the changing market conditions in Nigeria on a daily basis.
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