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BRITISH POUNDS
Recent price movements indicate that the Nigerian currency has remained in a consolidation phase in the unofficial market, fluctuating between N2,150 and N2,250/£/£ this month due to increased buying pressure on the British pound in Nigeria's commercial capital.
Naira languished against the British pound near the N2,000 support line, as the fortunes of the British currency gained momentum in global FX markets.
Naira has depreciated against the US dollar, as it dropped from N455/$1 to N460/$1 on Thursday afternoon.