Today, Nigeria will be celebrating her inaugural Diaspora Day. President Muhammadu Buhari is expected to lead activities for this fiesta, which is going to be an annual event.

LAST week the Presidency issued a directive to all Federal Government Ministries, Departments and Agencies (MDAs) to begin retirement of their revenues into a unified account, a Treasury Single Account (TSA) maintained by the Central Bank of Nigeria (CBN). Several state governments have also commenced similar measures.

Penultimate week, the Council of Legal Education released the bar final examination results conducted between April and May this year.

The council is statutorily charged with the responsibility of conducting final bar examinations for prospective lawyers who are subsequently called to the Bar after fulfilling certain conditions both in character and learning

THE lingering decline in crude oil prices, which has greatly affected Nigeria’s revenue from crude oil exports, has taken another dimension in recent months. About 35 million barrels of the country’s crude oil remained unsold at the international market as at December 2014.

The Nigerian Electricity Regulatory Commission (NERC’s) threat to revoke the licences of some power generation companies otherwise known as gencos is hardly surprising. Although there has been noticeable improvement in electricity supply in the country in recent time, this however, cannot obscure the fact that the power generation and supply targets envisaged under the privatisation arrangement has not been met, four years after its introduction.