Nigerian Currency, The Naira, Sinks Further Low In Relation To US Dollar.

Barely 24 hours after the naira fell to a record low of N800 to a dollar on Saturday, October 29, 2022, the Nigerian currency crashed further to N865 to a dollar on the unofficial parallel market.n

Findings on Sunday, October 30, 2022, revealed that, the black market dealers in Lagos and other major cities in Nigeria exchanged the naira at N865 and in some cases, N870 to a dollar.