The domestic currency appreciated 1.52%

According to data obtained from the official NAFEM window, forex turnover at the close of the trading was $127.93 million, representing a 38.81% increase compared to the previous day.     
However, the naira dropped marginally at the parallel forex market where forex is sold unofficially, the exchange rate quoted at N1233/$1, representing a 0.24% decline over what it closed the previous day, while peer-to-peer traders quoted around N1197.60/$1.

The Central Bank of Nigeria (CBN) has said it has made tranche payments to 31 banks to clear the backlog of foreign exchange forward obligations