Tag
POUNDS
The Nigerian naira fluctuated around N2,177 per British pound in the unofficial market today.
The naira broke below the N2,000 barrier for the first time in five months amid ongoing reforms in Nigeria's currency market.
The naira broke through the N2,180 barrier and began Thursday's session at the lower end of its range against the British pound sterling.
Following the Central Bank of Nigeria's reforms, the country's currency has consistently appreciated against the US dollar and other foreign currencies since the first week of March 2024.