How is the Pounds to Naira exchange rate doing today, Wednesday 26th January, 2022

70 views 11:19 am 0 Comments January 26, 2022

This is the news report on the Pounds to Naira exchange rate at the official and black market today Wednesday, 26th January, 2022 as gathered by Naija Catapult.

What is the Pounds to Naira exchange rate today?


The official exchange rate of one pounds (£1) to naira (NGN) today Wednesday 26th January, 2022 = NGN558.1901 per £1.

According to the data from CBN, Exchange rate between the Naira and the British pounds opened at NGN558.1901/£1 on Wednesday 26th January, 2022, after closing at NGN560.0239/£1 on Tuesday, 25th January 2022.


The exchange rate of pounds to naira at the Lagos Parallel Market – Black market today, Wednesday 26th January, 2022, traders buy a pounds (£1) at NGN740 and sell at NGN745, according to sources at the Bureau De Change (BDC).

It is important to note that; The Central Bank of Nigeria (CBN) does not in any way recognize the Parallel market Known popularly as Black market, as it has directed individuals who want to engage in Forex to approach their banks respectively.

Accordingly, Official market rate bought a pounds for NGN557.5181 and sold at NGN558.8621.

Read Naija Catapult updates on the official Pounds to Naira rates, Black market rates and Bureau De Change (BDC) rates on Mondays to Fridays daily.


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