The naira strengthened to N1,349.5 per US dollar on Tuesday, making it the first time it traded below the N1,350/$ mark since May 29, 2024.
Data from the official foreign exchange market showed the local currency improved from N1,354.9 per dollar recorded on Monday.
The latest appreciation reflects sustained gains in the official market and comes amid rising external reserves and expectations ahead of the Central Bank of Nigeria’s upcoming Monetary Policy Committee meeting.
