News
Dangote Refinery has clarified that they did not receive a $1 billion loan from NNPC.

In a recent statement, the management of Dangote Group has addressed claims made by the Nigerian National Petroleum Company Limited (NNPCL) regarding a purported $1 billion loan that was said to have supported the Dangote Refinery. Anthony Chiejina, the Group Chief Branding and Communications Officer, emphasized that this assertion is misleading.
Chiejina clarified that the $1 billion in question was not a loan but rather part of a larger investment agreement. Specifically, NNPCL was expected to pay $1 billion as part of a total investment of $2.76 billion for a 20 percent stake in the refinery. The failure of NNPCL to fulfill the agreed terms has resulted in a significant reduction of its stake to 7.24 percent.
The statement further elaborated on the context of the partnership, noting that the collaboration was established due to NNPCL’s strategic position as the largest off-taker of Nigerian crude oil and its role as the sole supplier of gasoline in Nigeria at the time. The agreement included provisions for the recovery of the remaining balance over five years through deductions from crude oil supplied to the refinery and dividends owed to NNPCL.
In conclusion, Dangote Group seeks to clarify the nature of its financial arrangements with NNPCL, asserting that the recent claims do not accurately reflect the true nature of their partnership and investment in the Dangote Refinery.
Foreign
Princess Opeyemi Bright Inaugurated as Youngest UK Mayor.

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.
Entertainment
Nollywood Actress Questions JAMB’s Relevance in University Admissions.

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.
Entertainment
Tyla to Host 2025 Nickelodeon Kids’ Choice Awards.

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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