Naira ends week weaker against US dollar

The Naira closed the week marginally lower against the U.S. dollar at the official foreign exchange market on Friday.

Figures from the Central Bank of Nigeria showed a slight depreciation compared to the previous day’s rate.

The currency had shown mixed performance earlier in the week, recording minor gains on Monday before softening midweek.

Trading data for the week reflected subtle fluctuations as the market responded to prevailing economic and monetary conditions.