The naira appreciated to N1,625/$1 in the parallel market on Tuesday, up slightly from N1,627/$1 recorded on Monday, according to data sourced by Nairametrics from currency traders in Lagos.
This marks the second consecutive day of gains for the naira in the parallel market this week.
The naira closed at N 1,588.50/$1 on Tuesday, according to data on the Central Bank of Nigeria (CBN) website.