Economist Bismarck Rewane highlights the importance of power sector reforms in achieving Nigeria’s 2025 economic growth targets. Explore insights on inflation, Naira stability, and GDP forecasts. Prominent economist and CEO of Financial Derivatives Company Limited (FDC), Bismarck Rewane, has projected that power sector reforms will be crucial to achieving Nigeria’s 4.6% economic growth target for […]
The Naira witnessed a slight appreciation in the parallel market, climbing to N1,660 per dollar, compared to its previous value of N1,662 per dollar recorded last weekend. Meanwhile, in the official foreign exchange market, the Naira experienced a decline, depreciating to N1,550 per dollar. According to data released by the Central Bank of Nigeria (CBN) […]
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Human rights lawyer Inibehe Effiong has called for Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), to retire following his recent controversial remarks. Effiong criticized Adeboye’s claim that God intervened to prevent the naira’s exchange rate from rising to N10,000 to $1, describing it as absurd. Effiong argued that […]
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Pastor E. A. Adeboye, the revered General Overseer of the Redeemed Christian Church of God (RCCG), recently emphasized the importance of divine intervention in stabilizing Nigeria’s economy, particularly its exchange rate. In a heartfelt statement, he highlighted that without God’s intervention, the value of the naira could have experienced a drastic plunge, potentially reaching an […]
