Pounds To Naira Exchange Rate/Black Market Rate Today 12 April 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today April 12 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, 12th April, 2022, for £1 pound to naira = ₦540.9453/£1.

According to the data from the CBN, exchange rate between the naira and the British pounds opened at ₦540.9453/£1 on Tuesday 12th April, after it closed at ₦541.7191 to a £1 on Monday, 11th April 2022.

Naija News reports that a pound is bought at the official market at ₦539.6421 and sold for ₦542.2485.

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 ₦765 and sell for ₦778 on Tuesday, April 12th 2022, according to sources at Bureau De Change (BDC).

Nigeria’s Non-oil Exports Fall By 39% In 10 Years – NBS

The National Bureau of Statistics (NBS) has said the country’s non-oil exports have fallen by 39 percent from N6.914tn to N4.194tn in 10 years.

According to statistics released by the bureau’s Foreign Trade Statistics,  the N4.194tn non-oil exports recorded in 2021 are 39.34 per cent lower than the N6.914tn non-oil exports recorded in 2012.

In 2012, Nigeria’s total exports amounted to N22.446tn. Out of this number, N15.531tn was crude oil export while N6.914tn was non-oil export. The non-oil exports comprised 30.8 per cent of the total exports that year.

However, in 2021 the nation’s total exports were estimated at N19.057tn, with the non-oil segment occupying N4.194tn. The non-oil exports comprised 22.07 per cent of the total exports last year.