The naira, on Tuesday, appreciated by 6.58 percent to close at N742.93 to a dollar at the investors and exporters (I&E) window.
The improving fortune of the naira comes two sessions after it tumbled to an all-time low of N803.9/$ last Friday.
Data from FMDQ Securities Exchange, a platform that oversees foreign exchange (FX) trading in Nigeria, showed that the local currency hit an intra-day trading high of N831 and a low of N707.99 before it settled at N742.93.
