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The naira extended its gains against the dollar at the official foreign exchange market on Tuesday.
It appreciated to ₦1,533.18 per dollar, up from ₦1,534.21 recorded the previous day—reflecting a day-on-day gain of ₦1.03 and marking the second consecutive day of appreciation.
However, in the black market, the naira weakened further, falling to ₦1,545 per dollar on Tuesday, compared to ₦1,537 traded on Monday.
This follows Monday’s mixed performance, where the naira gained at the official market but depreciated in the parallel market.
