Pounds To Naira Exchange Rate/Black Market Rate Today 26 April 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today April 26 2022.

Read Naija News update on the official pounds rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.

Daily Pound to Naira, GBP to NGN, Black Market (Lagos) exchange rates, percentage changes, historical rate charts and currency converter.

How Much is Pounds To Naira Exchange Rate Today Official Rate?

The official rate today, Tuesday, 26th April, 2022, for £1 pound to naira = ₦529.9032/£1.

According to the data from the CBN, exchange rate between the naira and the British pounds opened at ₦529.9032/£1 on Tuesday 26th April, after it sold at ₦535.2872 to a £1 on Monday, 25th April 2022.

Naija News reports that a pound is bought at the official market at ₦529.2655 and sold for ₦530.5409.

How much is exchange rate of Pounds to Naira in Black Market today?

The exchange rate for a pound to naira at Lagos Parallel Market (Black Market) – Pounds exchaged for as low as ₦765 and as high as ₦789 on Tuesday, April 26th 2022, according to sources at Bureau De Change (BDC).

Nigerian Bakers Increase Bread Price Again, Give Reason For Hike

The association of bakers in Nigeria have announced its plan to increase the price of bread.

Naija News reports that the association said the hike in the cost of bread became necessary and inevitable due to the high cost of production and the import duty 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 asserted that the latest increase may lead to further increments if the challenges facing the bakers are not immediately tackled.

This article was originally published on Nigeria News