The Naira crossed the N1,000 mark to reach an all-time low of N1,099.05/$1 on Friday, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window has shown.
This represents a significant 23.29% or N255.98 drop in valuation compared to its previous closing rate.
The Nigerian currency had on Thursday rebounded to close at N843.07/$1 at the official market.
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