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Naira Slides to N1,160/$1 at Parallel Market
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  • August 16, 2025
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·2 years ago·1 min read

Naira Slides to N1,160/$1 at Parallel Market

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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.

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