Pound Vs Naira Today, Nov 19, 2025

Naira still hold for Wednesday as British pound trade around ₦1,930 for Nigeria parallel market, while inter-bank rates dey hover near ₦1,900, show say dual-tier trading still dey for pound. For street, Abokifx talk say pound dey ₦1,898 to buy and ₦1,930 to sell per £1, while mid-market inter-bank and online rate dey about ₦1,902 per £1. Street rate hardly move from Tuesday ₦1,928 to Wednesday ₦1,930, while formal channel still dey under ₦1,910.

Analysts talk say di gap between street and inter-bank pound/naira rates na because supply no dey balance through authorised channels, demand high for diaspora remittances and travel, plus central bank no dey directly intervene for pound like dem dey do for dollar. Over di week, pound dey trade narrow band between ₦1,900–₦1,910 for online/mid-market, while street sell rate still dey around ₦1,930. For Nigerians, dem wey dey travel or dey deal with pounds suppose budget ₦1,900–₦1,930 per £1 depending on channel, while businesses wey dey import from UK fit pay extra if dem dey use parallel market, and authorised channels still fit give lower rate but small premium fit dey because fees and access wahala.