Naira hits a new record of N530/$ at black market as demand pressure worsens 

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Naira depreciated against the US dollar to close at N411.67/$1 on Thursday, representing a 17 kobo drop when compared to N411.50/$1 recorded at the close of trading on Wednesday, 1st September 2021.

Also, the naira hit a new record low, depreciating against the dollar at the parallel market, as it closed at N530/$1 on Thursday, 2nd September 2021, representing a N2 drop when compared to N528/$1 recorded on the previous trading day.

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