BREAKING: Exchange rate hits all time low as Naira slides to N1,160/$1 at Parallel Market

The naira sustained its slide against the United States dollar Thursday as it weakened further at the parallel market where it sold at N1160/$1, against the N1,100/$1 it traded the previous day.

Similarly, on the official Investors and Exporters’ (I&E) window, the nation’s currency traded at N790.68/$ Wednesday, according to the Central Bank of Nigeria’s data.