Naira Plunges By N105 In One Day, Hits N1,600/$1 At Parallel Market, Makes Gains At Official Market, Closes At 1,498

However, the naira at the official Nigerian Autonomous Foreign Exchange (NAFEM) window recorded gains as it closed on Thursday at N1,498.25, a N5.13 gain compared to N1,503.38 it recorded on Wednesday.