You are here: HomeBusiness2022 11 12Article 603524

Business News of Saturday, 12 November 2022

Source: www.mynigeria.com

'2 heads still better than 1?' - Apostle Suleman drags Naira in the mud

Naira and dollar Naira and dollar

The General Overseer of the Omega Fire Ministries International, Apostle Johnson Suleman has berated the low value of the Naira.

In a Twitter post on Friday, November 11, the clergyman questioned the value of the naira to the dollar.

He also queried the features of the two currencies. He asked if people still believe the old saying that "two heads are better than one".

Positioning the a N1000 note and a $100 bill side by side.

Suleman's tweet followed a pictorial analysis of the photos of Alhaji Aliyu Mai-Bornu, the first indigenous governor of the Central Bank of Nigeria and Dr Clement Isong - Alhaji Aliyu's predecessor which is characteristic of the Nigerian N1,000.

Comparing it with a picture of Benjamin Franklin, who served as the 6th President of Pennsylvania among other positions, on the $100 bill.

It is widely known that the exchange rate between the naira and the dollar continued raise concerns among Nigerians.

As of Friday, November 11, the naira is exchanging at N855 per dollar as of in the black market as compared to the official bank rate which is N439.38 per dollar.



BS