This is the news about the Pounds to Naira rate at the official and black market exchange rate Today March 19 2022.
Read Switchloaded News update on the official pounds rates as well as Black Market rates, Bureau De Change (BDC) rates, and CBN rates.
How Much is Pounds To Naira Exchange RateToday Official Rate?
The official rate today, Saturday, 19th March, 2022, for £1 pound to naira = ₦542.0244/£1.
According to the data from the CBN, exchange rate between the unaira and the British pounds opened at ₦542.0244/£1 on Tuesday 15th March, after it closed at ₦545.1138 to a £1 on Monday, 14th March 2022.
Naija News reports that a pound is bought at the official market at ₦541.3729 and sold for ₦542.676.
How much is exchange rate of Pounds to Naira in Black Market today?
The exchange rate for a pound to naira at Lagos Parallel Market (Black Market) players buy a dollar for ₦770 and sell for ₦783 on Tuesday, March 15th 2022, according to sources at Bureau De Change (BDC).
2,119 Mining Companies Owe FG ₦2.76bn Service Fees – NEITI
No less than 2,119 companies operating in Nigeria’s solid minerals industry owes the Federal Government N2.76bn service fees, according to Nigeria Extractive Industries Transparency Initiative.
The debts of the companies were revealed by NEITI in its latest report of the mining sector for the year 2020.
According to NEITI, the Federal Government earned N624.45bn from the industry in 13 years.
The agency in a statement released on Sunday disclosed the companies’ liabilities resulting from failure on the part of the 2,119 firms to pay statutory annual service fees for various mineral titles.
This article was originally published on Switchloaded News
