The exchange rate closed the week with a mixed performance, as the naira recorded a slight appreciation in the official market but weakened on the parallel (black) market.
According to data published on the Central Bank of Nigeria (CBN) website, the official rate ended at N1,545/$1 on Friday, slightly stronger than the N1,546/$1 recorded on Thursday.
The currency had hovered around N1,541/$1 earlier in the week on both Monday and Tuesday, before weakening midweek to N1,547.5/$1 on Wednesday, and then rebounding.