
The naira dipped to N1,600 against the dollar on Thursday as Nigeria’s economy continues to hurt
According to Aboki Forex, the naira plunged to N1,600 to $1 despite efforts by the Central Bank of Nigeria to salvage the free fall of the naira.
Though the naira had been on a downward trend against the dollar before President Tinubu assumed office last May, the naira’s freefall accelerated following the floating of the currency.
