Opera News

Opera News App

Opinion: The hundred naira bill should be the highest naira denomination in Nigeria

Alexis001
By Alexis001 | self meida writer
Published 22 days ago - 0 views

The hundred naira note should be the highest naira note Nigeria should have, this will help to give value to the naira as it would be able to compete with other currencies of the world. The idea of having one thousand naira note and even a higher naira note will only cause the naira currency to depreciate or be devalued among other currencies. Also there might also be high crime rate due to the fact that most criminals know that a person can carry huge amounts of the naira in his or her pocket or so due to the fact that the money has been compressed.

Comparing the Nigerian naira to the American dollar is funny because the highest denomination the dollar now has is the hundred dollar bill, this shows how valuable the dollar is. This should also be done in Nigeria so as to enhance the value of the naira rather than having very high naira denominations.

Please share your opinions using the comment section and God bless you, don't forget to like and follow.

Content created and supplied by: Alexis001 (via Opera News )

Tags:      

American Nigeria Nigerian
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform

YOU MAY LIKE

By Training This Boko Haram Kids, Is Shekau Planning To Field Them Against The Nigerian Military?

7 minutes ago

0 🔥

By Training This Boko Haram Kids, Is Shekau Planning To Field Them Against The Nigerian Military?

Nancy Isime, Adesua Etomi And Other Nigerian Female Celebrities Known For Dressing Decently.

25 minutes ago

3 🔥

Nancy Isime, Adesua Etomi And Other Nigerian Female Celebrities Known For Dressing Decently.

See What An Igbo Community Did Because Of Phyno That Causes Reactions Online

50 minutes ago

16 🔥

See What An Igbo Community Did Because Of Phyno That Causes Reactions Online

Actress Ifemeludike Calls Out Nollywood As Veteran Actor Benjamin Nwani Okolo Dies At 83

54 minutes ago

3 🔥

Actress Ifemeludike Calls Out Nollywood As Veteran Actor Benjamin Nwani Okolo Dies At 83

Meet This Beautiful Igbo Lady “Naomi”Who Is A CEO Of A Cleaning Company In Lagos (Pictures).

1 hours ago

16 🔥

Meet This Beautiful Igbo Lady “Naomi”Who Is A CEO Of A Cleaning Company In Lagos (Pictures).

"Don't Be A Victim"- Prevent Kidnapping With These 7 Tips

1 hours ago

3 🔥

Nigerians React As The Video Of When GEJ Was Warning That People Shouting Change Don't Have Peace.

1 hours ago

1522 🔥

Nigerians React As The Video Of When GEJ Was Warning That People Shouting Change Don't Have Peace.

Opinion: Here Is How I Overcame Heart Break In One Week, And Became Happy Again.

1 hours ago

0 🔥

Opinion: Here Is How I Overcame Heart Break In One Week, And Became Happy Again.

White Woman Travels Down To Nigeria To Marry Her Nigerian Man, Checkout How They Met

1 hours ago

261 🔥

White Woman Travels Down To Nigeria To Marry Her Nigerian Man, Checkout How They Met

At 35 And Still Active, This Player Will Make The Most Number Of EPL Appearance As Substitute.

1 hours ago

53 🔥

At 35 And Still Active, This Player Will Make The Most Number Of EPL Appearance As Substitute.

COMMENTS