BrandNewsDay Nigeria has compiled the news about the Pounds to Naira rate at the official and Pounds To Naira Aboki black market exchange rate Today Wednesday, 12 October 2022.
Read BrandNewsDay Nigeria’s update on the official pounds rates and Pounds To Naira Black Market Today rates, Bureau De Change (BDC) rates, Pounds to Naira Bank Rate today, and CBN rates.
BrandNewsDay Nigeria reports that a pound is bought at the official market at ₦₦462.95 and sold for ₦₦463.95.
Daily Pound to Naira, GBP to NGN, Black Market (Lagos) exchange rates, percentage changes, historical rate charts and currency converter.
The Pounds to Naira Bank Rate today official is the same as the official rate today Wednesday, 12th October 2022 for £1 pound to naira = ₦463.95/£1.
According to the data obtained from the CBN website, the exchange rate between the Nigerian naira and the British Pounds opened at ₦463.95/£1 on Wednesday 12th October 2022, after it sold at the rate of ₦462.95 to £1 on Tuesday, 11th October 2022.
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
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 exchanged for as low as ₦830 and as high as ₦840 on Wednesday morning, October 12, 2022, after it sold at the rate of ₦835 to a £1 on Tuesday, 11th October 2022, according to sources at the Bureau De Change (BDC).
Meanwhile, BDC players buy Pounds Sterling at the rate of ₦840/850 and sell to investors/ buyers at the rate of ₦860.
The table below shows the latest black market rate of the U.S Dollar To Naira Aboki, the European Euro to Naira, and Great Britain Pounds To Naira.
| Date | Currency | Selling (NGN) | Buying(NGN) |
| October 12, 2022 | POUNDS STERLING | 860 | 850 |
| October 12, 2022 | US DOLLAR | 745 | 740 |
| October 12, 2022 | EURO | 690 | 685 |
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
How much is the Dollar exchange rate to Naira Aboki Black Market today?
The Nigeria parallel market (black market dollar Aboki exchange rate today) to the Nigerian Naira is as follows: For the Lagos market (black market).
Lagos parallel market ( black market dollar to Naira Aboki exchange rate today )
The local currency opened at N745.00 per $1 at the parallel market otherwise known as the black market, today, Wednesday, 12th October 2022, in Lagos Nigeria, after it closed at N740.00 per $1 on Tuesday, 11th October 2022.
Even though the dollar to naira opened in the parallel market at ₦745 per $1 today, BrandNewsDay reports that the Central Bank of Nigeria (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.
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