News
Ribadu: Tinubu’s Government has drawn $30 billion in investment commitments.
In a significant address at the 2024 Comptroller General of Customs conference in Abuja, National Security Adviser Nuhu Ribadu, representing President Bola Tinubu, revealed that the administration has secured over $30 billion in Foreign Direct Investment (FDI) commitments within its first two years. This ambitious milestone reflects a concerted effort to strengthen Nigeria’s economic framework in a rapidly changing global landscape.
President Tinubu has articulated a clear vision aimed at reinforcing Nigeria’s economic foundation. Notably, the administration’s approach has included the removal of fuel subsidies and the unification of the exchange rate system, measures designed to foster a more transparent and sustainable economic model. While these policies necessitate adjustments from the populace, the president emphasizes their critical importance for the nation’s long-term prosperity.
The president expressed confidence that forthcoming developments will leave critics with minimal grounds for opposition, particularly referencing recent stability that has seen crude oil production reach an impressive 1.8 million barrels per day. As Nigeria navigates these transformative times, the focus remains on harnessing FDI to stimulate growth and establish a resilient economic future.
In conclusion, President Tinubu’s commitment to substantial economic reforms and his administration’s successful engagement with foreign investors signal a proactive approach to addressing the challenges faced by the Nigerian economy. The unfolding narrative suggests a cautious optimism for sustainable development in the years ahead.
On Friday, May 16, 2025, Princess Opeyemi Bright was sworn in as the youngest Mayor in the United Kingdom, assuming the prestigious title of First Citizen of the London Borough of Barking and Dagenham at the age of 29.
Born in the UK to Nigerian parents, Princess Bright’s election has been widely lauded as a testament to diversity, youth empowerment, and the increasing global impact of the Nigerian diaspora. Having served as a councillor since the age of 22, her ascent to mayoralty follows a legacy of public service, with her mother, Dr. Councillor Afolasade Bright, previously serving as Civic Mayor of Hackney.
Princess Bright’s success exemplifies a broader trend of Nigerians achieving prominent positions in international governance, joining the ranks of figures like Kemi Badenoch and Chi Onwurah in the UK, and others globally. Her inauguration serves as an encouragement for youth engagement in politics and underscores the vital role young people and women play in shaping public life. This historic achievement offers valuable insights for Nigerian policymakers in diaspora engagement and leadership development initiatives.
Nollywood actress Mary Njoku has recently ignited a debate regarding the necessity of the Joint Admissions and Matriculation Board (JAMB) examination for university admissions in Nigeria. In a statement posted on her Instagram story, Njoku questioned the need for JAMB and post-UTME, arguing that the Senior School Certificate Examination (SSCE) should be sufficient proof of a candidate’s completion of secondary education.
Her statement comes amidst recent controversy surrounding JAMB, particularly following widespread reports of mass failures in the 2025 Unified Tertiary Matriculation Examinations (UTME). While JAMB has admitted to errors and announced retakes for affected candidates, Njoku’s questioning highlights a deeper concern regarding the redundancy and potential inefficiencies within the current university admission process. The actress’s comments add fuel to an existing debate about the effectiveness and fairness of the JAMB examination in evaluating a student’s readiness for tertiary education.
South African sensation Tyla is poised to make history as the first African personality to host the Nickelodeon Kids’ Choice Awards. Organizers announced the Grammy-winning artist as the host of the 2025 edition, scheduled to air live on June 21st from the Barker Hangar in Santa Monica, California.
Beyond hosting duties, Tyla has also secured two nominations: Favourite Global Music Star and Favourite Music Collaboration for “Show Me Love” with WizTheMc, and “bees & honey.”
The nominations list is topped by Kendrick Lamar, Ariana Grande, and Lady Gaga, each receiving four nods. Selena Gomez, Dwayne Johnson, Jelly Roll, and Jack Black follow closely behind with three nominations apiece.
Expressing her excitement on X, Tyla simply stated, “I’m really about to host the kids choice awards.” This landmark achievement further solidifies Tyla’s rising star on the global stage.
Princess Opeyemi Bright Inaugurated as Youngest UK Mayor.
Nollywood Actress Questions JAMB’s Relevance in University Admissions.
Tyla to Host 2025 Nickelodeon Kids’ Choice Awards.
Queen Phinadon Honored at the Cultural Exhibition and Award Ceremony 202
Marvel Studios’ Captain America: Brave New World Set for Theatrical Release
Nigeria’s SEC Grants Approvals to Crypto Operators: A Step Towards Regulation and Acceptance
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