The naira on Tuesday, sustained its gain at the parallel market, and for the first time in one week gains also at the official window.

At the Nigerian Autonomous Foreign Exchange (NAFEM) window, naira recorded gains as it closed at N1,390.96/$1 a N28.15 appreciation compared to N1,419.11/$1 it closed on Monday.

By the end of trading on Tuesday, the Naira appreciated to N1,320 per dollar in the parallel market, from N1,340 per dollar on Monday.

The daily turnover recorded an increase in transactions of 52.33 per cent, to $225.36 million yesterday compared to the $147.83 million recorded on Monday. Furthermore, the highest spot rate observed yesterday stood at N1,450, with the lowest spot rate recorded at N1,200.