© 2026 Forbes Media LLC. All Rights Reserved.
© 2026 Forbes Media LLC. All Rights Reserved.
The British Pound maintained its upward momentum against the Nigerian Naira during early trading on Thursday, March 12, 2026.
The bloc’s latest consumer price index showed inflation rising from 1.7% to 1.9%, instead of holding at 1.7%, while core inflation also unexpectedly rose from 2.2% to 2.4%.
While it fell sharply against the US Dollar, the Pound (GBP) was mostly subdued against its other peers on Tuesday after Chancellor Rachel Reeves delivered her Spring Statement.
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