“For the avoidance of doubt, in the absence of a statutorily constituted Board of Council, to which power the exercise function under the Act is conferred, no staff of the Council has power to exercise any function pending re-election of the Governing Council. “Any violation of the provision of the Act will be treated with appropriate action .”

The all-new Ford Figo is destined to be a compact car champion by offering unprecedented levels of style, feature-rich smart technologies and high levels of safety, while retaining the Figo’s established reputation for superb fuel efficiency and overall value. “The Ford Figo has been a remarkable success story in South Africa since it was launched in 2010,” says Tracey Delate, General Marketing Manager at Ford Motor Company of Southern Africa (FMCSA).

We commend the appointment of Gwarzo as the Director General of the SEC . We believe he is experienced and qualified for the position given his records. The incoming government has to embark on major reforms, that are based on due process in the capital market. There should be discipline among the stockbrokers and the process of recapitalisation must be carried out among the stockbrokers.

Beta Glass Plc last week led the top ten gainers chart on the Nigerian Stock Exchange, NSE rising by 10.3 per cent to close at N3.40 per share from N33.00 per share it closed penultimate week. This is the second consecutive week that the company has topped the gainers chart. Beta Glass Company Plc has proposed a dividend of 62 kobo per share to its shareholders for the financial year end of 2014 as the closing date for its register has been fixed for 12th June, 2015.

There are indications that foreign investors may be considering ‘holding-action’ on Nigerian economy contrary to wide-spread expectations and speculations that the huge success in the country’s recent general election was going to spur foreign investment inflow spontaneously.