The naira strengthened on Tuesday in the official market, trading at N1,678.93 per dollar, marking a recovery after three consecutive days of losses.

According to data from the FMDQ Exchange’s official trading platform, the currency appreciated by N11.44.

This reflects a 0.67 percent improvement from Monday’s rate of N1,690.37 per dollar.

However, daily turnover dropped to $128.59 million on Tuesday, compared to the $173.14 million recorded the previous day.

At the Investors and Exporters (I&E) window, the naira traded within a range of N1,698 to N1,631 per dollar.

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