Nigeria’s naira extended its fall to a record low of N400/$ on the black market on Thursday as demand for the U.S. currency increased amid a plunge in crude oil prices and foreign exchange restrictions by the Central Bank of Nigeria (CBN).
“The naira is being killed with it trading at N400/$ in
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PATRICK ATUANYA & IHEANYI NWACHUKWU
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more