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Economy: Naira’ll bounce back, stronger than dollar soon, says Adeboye

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The General Overseer of Redeemed Christian Church of God, Pastor Enoch Adeboye, has predicted the possibility of Naira bouncing back and this time greater than the United States dollar.

Our correspondent reports that based on findings in the black market buying rate of the dollar is about N915, and sells at N918.

Sequel to the upward slide, businesses and the cost of living of Nigerians coupled with the fuel subsidy removal have been badly affected.

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Adeboye gave this prediction during the church’s monthly thanksgiving service on Sunday, monitored by our correspondent with the September theme; ‘Uncommon Miracles’.

According to the revered Clergy, there was a period when Naira, competed favourably with United States dollars.

He said, “The days when Naira will be stronger will come back; those glorious days will return when that happens you will know.”

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Adeboye noted that miracles connoted something that is unique, stressing that a lot of times they may not be comprehensible by many.

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