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Dollar to Naira Exchange Rates

Pounds To Naira Official Exchange Rate/ Black Market Rate Today 14 January 2022





This is the news about Pounds to Naira rate at the official and black market exchange rate Today January 14, 2022.

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

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

The official rate today, Friday January 14th, 2022, for £1 pound to naira = ₦568.613/£1.

According to the data from the CBN, exchange rate between the naira and the British pounds opened at ₦568.613/£1 on Friday 14th, after it closed at ₦564.8875 to a £1 on Thursday, 13th January 2022.

Naija News reports that a pound is bought at the official market at N567.9268 and sold for N569.2993.

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) players buy a dollar for ₦730 and sell for ₦735 on Friday, January 14th 2022, according to sources at Bureau De Change (BDC).

Meanwhile, a report by the National Bureau of Statistics has shown how banks foreign inflow rapidly increased within the period of three years

The report presented capital importation recorded within the years from banks to $38.18bn.

Naija News understands from the report that the likes of Stanbic IBTC Bank, Standard Chartered Bank Nigeria, and Citibank Nigeria Limited took the lead in the development.

According to the report, the reported figures on capital importation by banks was recorded between January 2019 and September 2021 (33 months).

The statistics also showed that banks imported the most capital in 2019 at $23.99bn, which reduced to $9.68bn in 2020.

However, in the first nine months of 2021, banks recorded only $4.51bn capital importation, indicating their worst run in the 33 months under review.

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The NBS said the capital importation data were obtained from the Central Bank of Nigeria and they include imported physical capital, such as equipment, and financial capital importation.