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.
-
Football1 week agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Crime7 days agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business6 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business7 days agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business4 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business4 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business7 days agoNaira gains ground as Euro holds around N1,548, reserves hit 18-year high


