The Naira experienced a decline in the official market, trading at N1,476.95 to the dollar.

According to data from the FMDQ Exchange's official trading platform, the currency depreciated by 83 kobo, marking a 0.06 percent loss compared to Monday's rate of N1,476.12 to the dollar.

Despite this depreciation, the trading volume surged significantly, reaching $236.99 million, up from the $121.87 million recorded on Monday.

In the Investor’s and Exporter’s (I&E) window, the Naira traded within a range of N1,500.00 to N1,362.15 against the dollar.