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Central Bank of Nigeria Set to Revamp Website for Enhanced Transparency

Ikechukwu Emmanuel

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In a significant announcement, Governor Olayemi Cardoso of the Central Bank of Nigeria (CBN) shared plans to launch a comprehensive overhaul of the bank’s official website. Speaking at the 30th Nigerian Economic Summit dinner in Abuja, Cardoso emphasized that this initiative is aimed at bolstering transparency and accountability within the institution.

The forthcoming redesign promises a more user-friendly experience, ensuring greater accessibility to vital information for stakeholders. As Cardoso articulated, the CBN’s website serves as a crucial platform for disseminating updates related to the bank’s operations, financial statistics, regulatory frameworks, and monetary policy.

“Information is something that we are ensuring to improve on at the Central Bank,” Cardoso stated. He underscored the importance of making information available to the public, thereby allowing citizens to gain insight into the bank’s activities and future directions. This commitment aligns with the CBN’s goal of fostering trust and engagement among its stakeholders.

The revamped website is expected to debut shortly, marking a significant step toward enhanced openness and transparency in the Central Bank’s operations. As we await this development, it is clear that the CBN is dedicated to keeping the public informed and engaged in its mission.

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Foreign

Princess Opeyemi Bright Inaugurated as Youngest UK Mayor.

Ikechukwu Emmanuel

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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.

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Entertainment

Nollywood Actress Questions JAMB’s Relevance in University Admissions.

Ikechukwu Emmanuel

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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.

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Entertainment

Tyla to Host 2025 Nickelodeon Kids’ Choice Awards.

Ikechukwu Emmanuel

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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.

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