SocialMediaTrends: Soludo’s comments on Obi’s Anambra investments & other stories

Nigerians woke up to the news of the naira rebounding by 20.8 percent to 720/dollar at the parallel market.

Recall that last week, the naira dropped as low as N880 per dollar in the street markets.

The deteriorating situation peaked at N900 per dollar as some dealers quoted.

The development was met with mixed reactions as some recorded losses because they had bought the dollar at about N800 but now have no choice but to sell for a lower amount.

However, some were happy as it showed the naira showed more purchasing power.

See how Nigerians are reacting:

Read Also: SocialMediaTrends: ‘I have no house in UK’ – Buhari’s response to King Charles stirs controversy

Obi’s investment for Anambra now worthless – Soludo

In another trending event, Anambra State Governor, Charles Soludo claimed that the purported investments by former governor of the state, Peter Obi are now worth next to nothing.

Recall that the ex-Anambra governor said he had invested millions of dollars in International Breweries on behalf of Anambra State while piloting the affairs of the state.

International Breweries (IB) Plc, a subsidiary of Anheuser-Busch InBev (AB InBev), is a multinational drink and brewing giant based in Leuven, Belgium.

The latest disclosure sparked controversy on social media as the investment was seen as a landmark investment of the Labor party presidential candidate.

See how Nigerians are reacting:

…By Hamzat Rasheed

Join the conversation

opinions

Support Ripples Nigeria, hold up journalism solutions

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now