 The central bank of Nigeria, CBN, has revealed that the Naira continued its downward trend as the dollar was sold for 417.51 Naira at the official market on Thursday. Data obtained from the bank's official website showing the exchange rate results and its monthly moving average shows that the dollar sold for 417.51 Naira while it was bought at 416.51 Naira. With the development, the Naira took a dip in devaluation against the US dollar 24 hours after it recorded a slight gain at the stop, the sports market segment.