- The naira plunged to another historical low on Thursday, December 28, 2023
- The naira traded at N1,043.09 to a dollar, representing a 16.35% while the black market appreciated at N1,220 per dollar
- The depreciation of the naira comes as the Nigerian government targets an exchange rate of N700 per dollar in 2023
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The Nigerian currency, the naira, set another historical record in the official market on Thursday, December 28, 2023, plunging to the lowest at N1,043.09.