Pounds To Naira Exchange Rate For Today 27 January 2022

Pounds To Naira Exchange Rate For Today 27 January 2022

On this page, we bring to you the black market pounds to naira exchange rate because our readers will love to know how much is pounds to naira today in the market. We have therefore sourced the figures from various Bureau De Change (BDC) markets in Lagos, Nigeria’s commercial city to give you the pounds to naira black market today.

The local currency opened at ₦755 per £1 at the parallel market otherwise known as the black market, today, Thursday, 27 January 2022, in Lagos Nigeria, after it closed at ₦755 per £1 on Wednesday, 26 January 2022.

How much does it cost to buy pounds or change naira to pounds?

The black market, the players buy pounds for ₦750 and sell for ₦755 on Thursday morning, January 27, 2022, after they bought ₦750 and sold for ₦755 on Wednesday morning, January 26. This represents Nil change.

The CBN does not recognise the parallel market, otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.

“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” said the CBN Governor, Godwin Emefiele.

“I am sorry to say that I do not, and I do not intend to recognise any FX in the market.

“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it. If you want to sell the dollar, go to your bank and sell it,” he said during a press briefing on September 17, 2021.

»Pounds To Naira Exchange Rate For Today 27 January 2022«

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