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Economy: Naira will soon recover and surpass the dollar in strength – Adeboye
The Redeemed Christian Church of God’s General Overseer, Pastor Enoch Adeboye, has forecast that the naira may rebound and surpass the US dollar this time.
According to information obtained by our correspondent, the illicit market sells dollars for N918 and buys them for around N915.
Businesses, Nigerians’ standard of life, and the loss of gasoline subsidies have all suffered significantly as a result of the upward trend.
Adeboye made this prognostication on Sunday during the church’s regular thanksgiving ceremony, which was seen by our correspondent and had as its topic the month of September’s “Uncommon Miracles.”
According to the esteemed clergy, there was a time when the naira competed favourably with US dollars.
“Those glorious days will return when that happens, and you will know when that happens,” he added, “the days when Naira was stronger.”
Adeboye remarked that miracles implied something special, emphasising the fact that frequently they may be incomprehensible to many.
“Those glorious days will return when that happens, and you will know when that happens,” he added, “the days when Naira was stronger.”
Adeboye remarked that miracles implied something special, emphasising the fact that frequently they may be incomprehensible to many.