The naira yesterday strengthened slightly in the parallel market, trading at N1,530 per dollar, compared to N1,537 per dollar recorded on Wednesday.Currency traders, popularly known as Bureau De Change operators, reported that demand for the dollar moderated, easing pressure on the naira.In the official Nigerian Autonomous Foreign Exchange Market (NAFEM), the local currency also posted a marginal gain, closing at N1,523.50 per dollar, up from N1,525.12 per dollar the previous day.Market analysts attributed the naira’s rebound to improved dollar liquidity and sustained interventions by the Central Bank of Nigeria (CBN),
which have helped calm volatility across both official and parallel segments of the market.Despite the slight appreciation, traders noted that uncertainties still linger around dollar supply, adding that exchange rates could remain under pressure if demand picks up in the coming days.