LAGOS Oct 12 (Reuters) – The Nigeria naira firmed sharply against the U.S. dollar after the central bank cleared all dollar demand at its bi-weekly auction on Wednesday, signalling again its intent to support to the local currency.

The central bank sold all the $591.67 million demanded at 150 naira to the U.S. dollar at the auction compared to $400 million sold at 156.91 naira at its previous auction on Monday.

Source: Reuters (Reporting by Oludare Mayowa, Editing by Chijioke Ohuocha/Joe Brock)