Nigeria's naira falls 1 pct to 166.35 in volatile trading

Nigeria's naira fell 1 percent to 166.35 against the U.S. dollar in volatile trading, a day after the President suspended its outspoken Central Bank Governor Lamido Sanusi, dealers said on
Friday.
The naira opened at 164.90 to the greenback, traded for a short-period and rose to 167 before it shut down, dealers said. Trading resumed on expectations that the central bank will intervene, they said.