{
  "id": 12835689,
  "title": "Naira extends Bullish streak against British Pound at N1,767/£",
  "url": "https://urgent.news/2026/10/08/naira-extends-bullish-streak-against-british-pound-at-n1-767",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T09:43:27.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/08/naira-extends-bullish-streak-against-british-pound-at-n1767/"
  },
  "original_language": "en",
  "account": "The Nigerian naira has maintained its upward trend against the British pound, trading at N1,767/£ on Wednesday. This comes as Nigeria's economic fundamentals continue to strengthen, with the Central Bank of Nigeria (CBN) focused on restoring stability to the domestic foreign exchange market. The naira held below the N1,800/£ resistance level, with long stop-loss orders triggered as evidenced by bearish GBP/NGN candles and increasing volume. The pair saw intraday consolidation within the mid-N1,750s/£, with the order book seeing minor fluctuations over recent quarters. Inflation is being addressed by the CBN through tighter monetary policy. Higher crude oil prices have positively impacted the naira's outlook, as Nigeria's foreign exchange earnings are closely linked to global oil prices.",
  "summary": "The Nigerian currency continued its bullish trend against the British pound due to Nigeria's strengthening economic fundamentals. The post Naira extends Bullish streak against British Pound at N1,767/£ appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "British Pound buckles as 30-year Gilts tops 6%, US yields soar",
        "url": "https://urgent.news/2026/10/07/british-pound-buckles-as-30-year-gilts-tops-6-us-yields-soar",
        "published": "2026-10-07T17:36:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}