This is the news on the exchange rate between the British pound and the naira at the official and black market exchange rate today February 4, 2022.
Read Naija News update on official book rates as well as Black market rates, Bureau de change (BDC) rate and CBN rate.
How much costs Pounds To Naira Exchange Rate Official rate today?
The official rate today, Friday, February 4, 2022, for £1 to naira = ₦566.5867/£1.
According to CBN data, the exchange rate between the naira and the pound opened at ₦566.5867/£1 on Friday 4, after it closes at ₦564.5247 at £1 on Thursday, February 3, 2022.
Naija News reports that a pound is bought at the official market at ₦565.906 and sold for ₦567.2673.
What is the exchange rate for Pounds to Naira on the black market today?
The exchange rate of the pound to naira in Lagos Parallel market (black market) players buy a dollar for ₦740 and sell for ₦745 on Friday, February 4, 2022, according to sources at Currency Exchange (BDC).
Meanwhile, there is a general saying that the take home pay of most Nigerian workers cannot “bring them home”, hence most of them usually look for additional ways to find work. money to meet their needs. financial requirements.
This has probably led to the high growth rate of loan application sites, but many have been discovered to just promise and not deliver.
Others who actually give funds to their clients have become loan sharks, adopting unconventional means to pursue their clients who may default as there is usually no collateral involved.
But amidst all this, Naija News reports that some banks are offering Central Bank of Nigeria (CBN) approved loan services from which workers, especially monthly earners, can obtain payday loans.