Business
Pastor Adeboye shades FG over naira redesign
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has reacted to plan by the Central Bank of Nigeria to redesign the N200, N500, and N1,000 notes in spite rising inflation in the country.
CBN Governor, Godwin Emefiele had last week announced plan by the apex bank to issue the redesigned N200, N500, and N1,000 notes from December 15, 2022, stating that the new notes will completely replace the old notes on January 31, 2023.
Speaking during RCCG’s Holy Service on Friday, November 4, Adeboye said: “You know what’s going on in our country. It doesn’t even make sense anymore. Our naira now is not even worth the paper it is printed on.
And while people are hungry, trying to find enough money to buy bread to eat, our bosses are thinking of making the naira more beautiful, even if it can’t buy bread, at least, it will look beautiful. Oh Lord, have mercy.
-
Aviation6 days agoNigeria ends third-party visa processing in U.S, directs applicants to embassy, consulates
-
Latest1 week agoOne killed as ethnic clash erupts in Ibadan following reported overnight stabbing (video)
-
Agribusiness1 week agoStrengthening Nigeria’s Food Production Through Reliable Water Storage Infrastructure
-
Business6 days agoFCCPC floors Air Peace as Court upholds authority to probe airline fare complaints
-
Business7 days agoSEC sets July 10 deadline for Q2 ownership, capital flows returns
-
News6 days agoEdo Police impose movement restriction ahead of Saturday’s LG’s elections
-
Business6 days agoHeavy reliance on portfolio inflows threatens Nigeria’s $51bn reserves — EBC
-
Business4 days agoNCC chief highlights trust as key to Nigeria’s digital transformation


