The local currency had last weekend plunged to a historic low of N890 per dollar.
The naira has continued to fall, exchanging at N820 against the dollar on Tuesday evening.
The hike follows the CBN’s announcement of plans to phase out some banknotes and replace them by December.
The current parallel market exchange rate was monitored by Peoples Gazette Thursday night.
The Gazette had reported in July that the dollar hit a record high, trading at N710 against the dollar.
Checks by Peoples Gazette on Tuesday revealed that the naira gained value at the parallel market, rising to N665 per dollar from N710 last week.
Today’s record fall comes a year after the Central Bank of Nigeria (CBN) prohibited the sale of foreign currency to bureau de change operators.
While the naira fell in value on the black market, it remained N430 to the dollar at the official NAFEX market.
The naira had earlier traded for N620 against the dollar on Monday, then N630 on Wednesday, and N645 on Thursday, before doing N658 today.
Under the governorship of Godwin Emefiele, the Central Bank of Nigeria has failed to mitigate the national currency’s free fall.
