At the Investors and Exporters window on Tuesday, the Naira strengthened against the dollar, rising 0.25 percent from the N421.33 traded on Monday.
On Tuesday, the open indicative rate reached a high of N420.71 to the dollar.
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Before it settled at N420.27, the exchange rate for the day’s trading peaked at N444.000 to the dollar.
During the course of the day’s trading, the Naira fell as low as N413 to the dollar.
At the official Investors and Exporters window on Tuesday, foreign exchange transactions totaling 108.06 million dollars were made.