Pounds To Naira Exchange Rate/Black Market Rate Today 18 March 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today March 18 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, 18th March, 2022, for £1 pound to naira = ₦546.103/£1.

According to the data from the CBN, exchange rate between the naira and the British pounds opened at ₦546.103/£1 on Friday 18th March, after it closed at ₦544.6056 to a £1 on Thursday, 17th March 2022.

Naija News reports that a pound is bought at the official market at ₦545.4465 and sold for ₦546.7595.

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 ₦770 and sell for ₦783 on Friday, March 18th 2022, according to sources at Bureau De Change (BDC).

NUPENG Cries Out As Cooking Gas Price Rises Again

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has frowned at the recent hike in the price of Liquefied Petroleum Gas better known as cooking gas.

NUPENG in a statement obtained by Naija News today, charged the federal government to revisit its gas expansion programme and to involve all stakeholders in the process as a means of dealing with the outrageous price for retailers.

Naija News observed that cost of commodities had been on the increase in the last few weeks and citizens are expressing their displeasure over the happenings.

The government has been charged to intervene considering the current energy crisis in Nigeria as seen a drop in power supply and petrol scarcity.

The NUPENG LPG retailers’ branch Chairman, Chika Umudu, said, “The branch union decries the return of LPG price rise which has led to an increment of up to ₦1,000 for 12.5kg size or N80 for 1kg within the last two weeks throughout the country.