Nigerian Naira Plummets to Record Low Against US Dollar on Black Market
- Nigerian naira hits record low of 1,100 per dollar on black market - abokiFX
- Occurred a day after naira hit new low on official market due to dollar shortages
- Naira has been falling freely on unofficial market since restrictions lifted on official market
- Central bank has said it will intervene occasionally to boost liquidity
- Last month, naira slid past 1,000 per dollar on black market