Yesterday, the Naira strengthened to N1,700 per dollar in the parallel market, up from N1,705 per dollar on Monday.
Conversely, it weakened to N1,669.15 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM).
Additionally, the dollar turnover in the official market decreased by 2.97 percent, falling to $176.45 million from $181.86 million on Monday.
As a result, the gap between the parallel market rate and the NAFEM rate narrowed to N30.85 per dollar, down from N163.06 per dollar on Monday.
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