On Tuesdays, the Naira trades at 1,382.95 Naira for one dollar. It has thus enjoyed a new appreciation on the official market.

The naira was traded between 1,486 and 1,300 naira against the dollar at the Investors and Exporters (I&E) counter. The Naira strengthened by 25.09 Naira, or 1.78 percent, compared to the previous day's rate of 1,408 Naira against the dollar. Total revenue increased to $245.58 million on Tuesday from $222.15 million