Naira Continues To ‘Twerk’, Hits Record Low Of N1,410 /$1 At The Black Market

Naira on Thursday fell to a record low of N1,410 per dollar following strong demand on the parallel market, also known as the black market.

This represents 3.29% or N45.00 weaker than N1,365 recorded at the close of trading on Wednesday.

The observed depreciation is unparalleled and stands as the lowest point in the historical performance of the Naira, reflecting the severity of the current economic challenges.