The Naira on Friday closed the week with a marginal depreciation at the official foreign exchange market, trading at N1,380.93 to the dollar.
Data published on the official website of the Central Bank of Nigeria showed that the local currency lost 82 kobo.
This represented a 0.05 per cent decline when compared with Thursday’s rate of N1,380.10. Related News Nigeria draws $1.5bn UAE loan despite IMF concerns $4.5bn fraud: Emefiele challenges EFCC statements, cites torture, detention Remi Tinubu faces backlash over akara, roasted corn remarks
The currency, however, opened the week on a positive note, trading at N1,369.10 on Monday, June 22.
It later depreciated to N1,370.63 on Tuesday and further weakened to N1,380.07 on Wednesday.
