Naira loses 0.67% against dollar as trading week ends

The foreign exchange market ended the five trading week on Friday, with the the naira, Nigeria’s currency, losing 0.67 percent week-on-week against the dollar at the parallel market.

After trading on Friday, naira closed at N750 per dollar, lower than N745/$ it closed with last Friday (January 13, 2023) at the unofficial market, also known as the black market.