ABUJA, Feb 24 (Reuters) - The Nigerian naira traded at a
record intra-day low of 429.75 to the dollar on the
over-the-counter spot market, exchange data showed on Wednesday,
as banks bid for foreign exchange to meet demand.
The currency has been losing ground on the spot market,
quoted by foreign investors and importers, mirroring weaknesses
on the black market, where the naira trades more freely.