This is the news on the exchange rate between the pound sterling and the naira at the official and black market exchange rate today April 26, 2022.
Lily Naija News update on official book rates as well as Black market rates, Bureau de change (BDC) rate and CBN rate.
Daily Pound to Naira, GBP to NGN, black market (Lagos) exchange rates, percentage changes, historical rate charts and currency converter.
How much costs Pounds To Naira Exchange Rate Official rate today?
The official rate today, Tuesday 26 April 2022, for 1 British Pound in Naira = ₦529.9032/£1.
According to CBN data, the exchange rate between the naira and the pound opened at ₦529.9032/£1 on Tuesday April 26, after its sale at ₦535.2872 at £1 on Monday, April 25, 2022.
Naija News reports that a pound is bought at the official market in ₦529.2655 and sold for ₦530.5409.
What is the exchange rate for Pounds to Naira on the black market today?
The exchange rate of the pound to naira in Lagos Parallel market (black market) – Books exchanged for as little as ₦765 and as high as ₦789 on Tuesday, April 26, 2022, according to sources at Bureau de change (BDC).
Nigerian bakers raise the price of bread again and justify their rise
the association of bakers in nigeria announced their intention to raise the price of bread.
Naija News reports that the association said the rising cost of bread has become necessary and unavoidable due to the high cost of production and import duties on wheat imports.
The President of the Premium Breadmakers Association of Nigeria (PBAN), Emmanuel Onuorah, made this known in an interview with The Punch on Sunday.
He said the latest increase could lead to further increases if the challenges facing bakers are not immediately addressed.