Pounds To Naira Exchange Rate/Black Market Rate Today 22 April 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today April 22 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, Friday, 22nd April, 2022, for £1 pound to naira = ₦541.7085/£1.

According to the data from the CBN, exchange rate between the naira and the British pounds opened at ₦541.7085/£1 on Friday 22nd April, after it sold at ₦542.6228 to a £1 on Thursday, 21st April 2022.

Naija News reports that a pound is bought at the official market at ₦541.0568 and sold for ₦542.3603.

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 exchaged for as low as ₦760 and as high as ₦775 on Friday, April 22nd 2022, according to sources at Bureau De Change (BDC).

FG To Clear Debt As Power Tariff Shortfall Hits N247bn

The Federal Government has said it is set to clear outstanding debts as a shortfall in electricity tariff paid by consumers across the country to power distribution companies dropped from N1.891tn to N247bn.

This is revealed in the government’s latest fact sheet on the Power Sector Recovery Programme, Naija News understands.

The Chairman of the Nigerian Electricity Regulatory Commission, Sanusi Garba, had on Wednesday told journalists at a press briefing in Abuja that the incumbent government was committed to providing adequate and affordable electricity to all.

Naija News understands that PSRP was initiated by the Federal Government with the support of the World Bank to ensure that Nigerians get access to adequate, reliable, and affordable electricity.

This article was originally published on Nigeria News