LAGOS, Nov 26 (Reuters) - Nigeria's naira closed at 176.80naira on Wednesday against the dollar, up 0.31 percent from itsprevious session, a day after the central bank devalued thecurrency to stem losses on its foreign reserves, dealers said.
The unit had closed at 177.35 naira to the dollar onTuesday, right before the central bank devalued the currency.
Dealers said oil companies Chevron andTotal sold a total of $73.3 million, while Shell, sold an undisclosed amount of dollars to support thenaira. The central bank made no fresh intervention on Wednesday.
(Reporting by Oludare Mayowa; Writing by Chijioke Ohuocha;Editing by Tim Cocks)