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U.S. Senate confirms Wally Adeyemo as deputy treasury secretary

The U.S. Senate has confirmed Adewale Wally Adeyemo as Deputy Secretary of the Treasury, making him the first Nigerian-American to hold the powerful job. Adeyemo, 39, has struck a hardline tone on China, vowing to fight what he called Beijing’s “unfair economic practices” and hold China accountable to international rules. He is expected to play a key role in shaping U.S. economic policy on issues ranging from financial regulation to relief for everyday Americans and U.S. sanctions on foreign governments. A former senior adviser at asset manager BlackRock Inc and the child of Nigerian immigrants, Adeyemo served as a top national security and economic adviser to Democratic former President Barack Obama and held senior jobs at the Treasury. The Senate on Thursday confirmed Adeyemo on a voice ...

US election: Oye Owolewa made Nigeria proud – minister

The Minister of Youth and Sports Development, Sunday Dare, on Thursday, described the feat achieved by 31-year old Oye Owolewa in the 2020 United States election as national pride. The minister tweeted, “Congrats are in place for the 31-year old Adeoye Owolewa for making Nigeria proud by being the first Nigerian to win a seat in the United States Congress.” Owolewa was on Tuesday elected as a shadow member of the US House of Representatives from the District of Columbia, making him the first Nigerian-American to achieve the milestone. According to election results on the website of the District of Columbia Board of Elections on Wednesday morning, Owolewa polled 81.59% of the votes, which represents 164,026 votes against Joyce Robinson-Paul, who scored 18,600 votes, and Sohaer Syed with 15,...