Pounds To Naira Exchange Rate Today 16th May 2022

Pounds To Naira Exchange Rate Today 16th May 2022

Welcome to Flippstack, we have compiled pounds to naira exchange rates in Nigeria today including the Black Market rates and Bureau De Change (BDC) rate for today Monday 16th May 2022

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

Pounds To Naira Exchange Rate Today 16th May 2022

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

The official rate today, Monday, 16th May 2022, is for £1 pound to naira = ₦506.1072/£1.

According to the data from the CBN, the exchange rate between the naira and the British pounds opened at ₦506.1072/£1 on Monday, May 16th, after it sold at ₦505.9242 to a £1 on Friday, 13th May 2022.

Flippstack reports that a pound is bought at the official market at ₦504.8869 and sold for ₦507.3275.

What is the 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 ₦750 and as high as ₦760 on Monday, May 16th, 2022, according to sources at Bureau De Change (BDC).

The Lagos Parallel Market (Black Market) players buy a pounds for ₦750 and sell at ₦900 on Monday, May 16th, 2022, according to data obtained from Bureau De Change (BDC).

Pounds to Naira (GBP to NGN)	Black Market Exchange Rate Today
Buying Rate	750
Selling Rate	900

Nineteen days after the Nigeria Identity Management Commission barreď about 72 million telecommunication subscribers for failing to comply with the Federal Government’s NIN-Subscriber Identity Module policy, the agency issued 80.7 million National Identification Numbers.

The data on the portal of the agency showed that the number of NIN issued to Nigerians stands at 80.7 million as of April 23, 2022.

Following the ban, registration for NIN increased by 4.67 percent from 77.1 million as of March 21, 2022, to 80.7 million as of April 23, 2022.

According to a breakdown of the data, about 20.56 million NINs have been issued in the North-Western part of the nation; 20.23 million in the South-West; 13.59 million in the North-Central, 9.96 million in the North-East, 9.34 million in the South-South, and 6.87 million in the South-East.