The British Pound is trading at N1,834 against the Naira, reflecting sustained volatility in Nigeria’s foreign exchange market. The currency pair has fluctuated between N1,813 and N1,862 throughout July, driven by consistent demand for Pounds to cover education costs and medical tourism. While the Central Bank of Nigeria maintains high benchmark rates to curb inflation, currency traders are monitoring month-end liquidity and interventions from authorized dealers to gauge future price direction. Globally, the Pound remains under pressure against the US Dollar as rising crude oil prices and Middle Eastern geopolitical tensions bolster the greenback.