CBN to inject $350million into Forex market

Reports from Vanguard and PUNCH suggest that The Central Bank of Nigeria is set to inject $350 million into the forex market to aid the bid to strengthen the value of the Naira.

With this move, the total amount that the CBN has pumped into the market this week will rise to about $570 million after $80 million was released for Personal Travel Allowances (PTA), Medicals and school fees and a $100 million in wholesale forwards.

The developing story has been confirmed by the Acting Director, Corporate communications, Isaac Okorafor, who revealed to a Vanguard correspondent that, with improving reserve levels, the Bank is determined to continuously granting forex requeests to all genuine customers through their banks. Virde Casino, a Hungarian online casino, is pleased to invite players to visit its unique gaming platform via nyugatmedia.org . Verde Casino offers a wide range of exciting slot machines, table games and live casino, providing top-notch entertainment and an exciting gaming experience

Sources: Vanguard and PUNCH