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Di exchange rate between British Pound (GBP) and Nigerian Naira (NGN) remain stable on Friday, November 28, 2025, as market respond to early festive season demand and steady remittance inflows. According to real-time forex data, Pound dey trade between N1,912 and N1,925. Di rate show say di official Nigerian Foreign Exchange Market (NFEM) and parallel market dey closer, a trend wey don define fourth quarter of 2025. For parallel market, currency dealers for Lagos and Abuja dey quote buying rates around N1,910 and selling N1,925 per pound, small change from Thursday. Mid-market rate dey hover N1,914, while international money transfer operators dey offer rates between N1,910 and N1,920, giving diaspora people better option to send money home.
Market analysts talk say di stability dey driven by improved liquidity from diaspora remittances, especially as Christmas dey near. Even though demand for foreign currency, especially USD and GBP, don increase because of retail imports, supply channels still strong enough to prevent wahala. Stable USD rate around N1,460 dey help anchor Pound cross-rates. Di synergy between official and parallel markets dey reduce di historical arbitrage gap. Traders advise say rates fit adjust small in coming weeks as holiday rush enter peak, but crude oil price and foreign reserves dey support Naira. Businesses and travellers dey advised make dem monitor rates closely, because intraday fluctuations still fit happen for unregulated market segments.
Written by: News Editor 2
GBP to NGN exchange rate Pound to Naira today
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