CBN injects $210m into currency market

The Central Bank of Nigeria (CBN)  said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.

 In a statement, the bank said it had released 100 million dollars earmarked for the wholesale market, 55 million dollars for small businesses and individuals, and 55 million dollars for certain dollar expenses such as school fees and medical bills.

Kia Motors Nigeria is set to introduce the revolutionary and uniquely built luxurious sedan, Kia Stinger to the market in 2018. Buoyed by Kia’s continued offering of best-in-class premium sedans, the appealing style of Kia Stinger set the world aflutter with its striking design. With its gran Turismo design, the all-new Stinger strikes the perfect balance of power and refinement, featuring your choice of two turbocharged engines matched with an 8-speed automatic transmission

In the same vein, the great Muhammad Ali’s famously taunted heavyweight-title opponent Sonny Liston, saying he’d “float like a butterfly, sting like a bee” in their upcoming match back in 1964. We have to wonder if the team that developed the all-new Kia Stinger took that quote as their mantra because it describes with uncanny precision the car they created to attack the sports-sedan segment.

—–(Reuters/NAN