Naira ends week on negative note

The naira lost by 0.87 per cent compared to the ₦771.69 it exchanged for the dollar on Thursday.

The open indicative rate closed at ₦773.29 to the dollar on Friday.

A spot exchange rate of ₦799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦778.42.

The naira sold for as low as ₦700 to the dollar within the day’s trading.

A total of 73.80 million dollars was traded at the investors and exporters window on Friday.