Tag: Black Market** 3. **Central Bank of Nigeria (CBN) Policy** 4. **Dollar Demand Surge

Naira Drops to 1,000 per Dollar as FX Crisis Deepens

The Nigerian naira plunged to a record low of 1,000 per dollar on Thursday as the country’s foreign exchange crisis worsened, according to data from the Central Bank of Nigeria (CBN). The depreciation, which...