Reports say the Naira appreciated by 2.02% against the Dollar at the official market on Tuesday.
The Nigerian currency has been in free fall on both official and unofficial foreign exchange markets for the past two weeks.
It was gathered that its resurgence on Tuesday was attributed to a drop in speculative activities and better liquidity.
The Naira to dollar exchange rate stood at N1,390.96 representing a stronger position compared to the N1,419.11 quoted on Monday at the Nigerian Autonomous Foreign Exchange Market (NAFEM).