Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will visit Africa March 7-11, to discuss opportunities and challenges facing African economies in the wake of the global crisis. Mr. Strauss-Kahn will visit Kenya on March 7-8, South Africa on March 9-10, and Zambia on March 10-11.

Managing Director of Spark ATM System, the second largest off-site ATM management company in South Africa, Mr. Mark Sternberg has said that the CBN’s directive on Off-site ATMs will boost to business model of Independent ATM Deployers (IAD) in Africa.

There are clear indications that only few states were able to access the Nigerian capital market for funds via bonds as only nine states have so far raised N108 billion between 1999 to date.

Honeywell Flour Mills Plc has recorded significant improvement in its bottom lines for the third quarter ended, December 31, 2010, financial statements, announcing a 307 per cent growth in it profit after tax to N870.5 million.

The declining trend in the Nigerian Stock Exchange (NSE) continued for the second straight week, as investors holdings in the capital market dropped, last week by N14.71 billion.