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Nana Kay News Blog of Thursday, 5 October 2023

Source: Island Reporters

World Bank Releases Lists of Worst Performing African Currencies In 2023, Naira Ranks High

Burundi: 27 percent
18% comes from the Democratic Republic of the Congo.
Kenya, with 16 %
12 percent for Zambia
12% for Ghana.
Rwanda scored an 11%.

In addition, the World Bank brought attention to the increasing gap between the unofficial and official exchange rates of the naira.

According to the bank's report, this situation persisted from March 2020 all the way until June 2023.

Pastor Adeboye is confident that Naira would once again enjoy her heyday.
In the meantime, another source states that Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God, has forecast that the value of the Naira will increase in comparison to the dollar.

On Sunday, September 3, 2023, Adeboye made this proclamation during the monthly Thanksgiving service held at his church. The service was centered around the theme "Uncommon Miracles."

He reassured the people in his congregation that the Naira would one day return to its former glory and advised them not to worry.