Author: Akintayo Adams

Akintayo Adams A. is an accomplished news editor at News VEO with several years of experience covering, crafting, and delivering compelling news and content that captivates target audiences.

The Abia federal lawmaker who assaulted an Abuja Bolt driver, Alex Ikwechegh, is currently being arraigned before the Kuje Magistrate Court. The probe and prosecution of Ikwechegh are being handled by the Inspector General of Police’s Special Investigation Unit. Recall, the lawmaker, representing Aba North and South Federal Constituency in Abia State, was captured in a viral video physically assaulting the Bolt driver, Stephen Abuwatseya. In a statement, activist lawyer Deji Adeyanju said, “We are on our way to Kuje Magistrate Court for the arraignment of the honourable member who assaulted our client, Mr. Steven, a Bolt driver. The IGP’s…

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BudgIT, a civic tech organisation, has said that only two Nigerian stated can take care of their operating costs without relying on revenue from the Federation Account Allocation Committee (FAAC). The states are Lagos and Rivers. BudgIT disclosed this in its 2024 State of States Report launched in Abuja on Tuesday. The report stated that Ogun, Anambra, Cross River, Kwara, Kaduna, and Edo states can generate Internally Generated Revenue, IGR sufficient to cover at least 50 percent of their operating costs. “Rivers and Lagos were the only two states that generated more than enough internally generated revenue (IGR) to cover…

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The National Youth Service Corps (NYSC) orientation camps in Nigeria offer a unique mix of fun and challenges for new graduates, but some camps are particularly known for better facilities and well-organized programs. Here are a few of the top-rated camps, recognized for delivering an improved experience to corps members during their service year. Read || African countries with the slowest GDP growth 1. Lagos State Orientation Camp, Iyana-Ipaja The Lagos State NYSC orientation camp in Iyana-Ipaja is popular among corps members for its ideal location and lively atmosphere. Known for having good facilities, this camp combines the excitement of…

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Justice Joyce Abdulmalik of the Federal High Court in Abuja has ordered the Central Bank of Nigeria to halt the release of monthly financial allocations to Rivers State. She ruled that Governor Siminalayi Fubara’s 2024 budget presentation before just four members of the Rivers House of Assembly violated constitutional standards. She described the ongoing receipt and disbursement of these funds by the state government as a “constitutional aberration” and stated it should be stopped. In her words, Fubara’s action in implementing an unlawful budget is a gross violations of the 1999 Constitution he swore to protect. She proceeded to restrain…

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted licenses for nine modular refineries under President Bola Tinubu’s administration. At the 2024 Oil Trading & Logistics Africa Downstream Energy Week in Lagos, NMDPRA CEO Farouk Ahmed highlighted this move as part of Nigeria’s growing refining capacity, supported by the Dangote refinery’s recent activation. Additionally, NMDPRA has issued seven licenses for modular refinery construction and four for their operation. “Over the course of the last year, the NMDORA has revised and consolidated its regulations through strategic industry stakeholder engagements with a view to streamlining the regulatory framework for ease…

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Pope Francis has decided to cut the salaries of the cardinals working at the Vatican for the umpteenth time. This measure that will take effect Nov. 1. According to the Italian ANSA news agency, layman Maximino Caballero Ledo, the prefect of the Secretariat for the Economy, informed the cardinals of the Holy Father’s decision in a letter dated Oct. 18, almost a month after another letter from Pope Francis on the subject. It was reported that the cut in salaries or stipends will be in two areas: the “secretarial bonus” and the “office compensation,” two methods that were part of…

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More than 50 people have been recorded to have died in flooding in parts of Spain as torrential rain turned streets into rivers and disrupted transport services. According to reports, the rain storms on Tuesday covered southern and eastern parts of the country, including the Costa del Sol region with the cities of Valencia and Malaga both impacted. Pictures showed emergency workers wading through mud-coloured waters to rescue people, while cars and van appeared stranded. More than 1,000 soldiers from Spain’s emergency response units have been deployed to the the worst-hit areas. On Wednesday morning, the regional government of Valencia,…

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Singer, Tiwa Savage has joined the trending conversation about the “Big 3” or “Big 4” in the Nigerian music industry. During an interview with The Beat 99.9 FM, Tiwa Savage addressed the idea of being added to the “Big 3” list of Nigerian music icons, which currently includes Wizkid, Davido, and Burna Boy. Savage confidently claimed she’s more talented than the trio, suggesting she deserves a spot among Nigeria’s top artists. This conversation reflects ongoing discussions about recognizing additional artists in Nigeria’s musical elite, with names like Rema, Asake, and Savage often suggested as potential fourth members. The host asked,…

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The naira experienced a sharp decline against the dollar in both official and parallel markets as of Monday, attributed to a reduced FX supply. Officially, it fell from ₦1,600 to ₦1,670.65 per dollar, while on the parallel market, it dropped to ₦1,746 from ₦1,740. This depreciation follows a significant drop in foreign exchange transaction turnover, which decreased from $284.93 million on Friday to $81.17 million on Monday, highlighting challenges in FX availability. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

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U.S. President Joe Biden expressed gratitude to Nigeria and President Bola Tinubu on Tuesday evening for securing the release of Binance executive Tigran Gambaryan. This was disclosed by Foreign Affairs Minister Yusuf Tuggar during a briefing, summarizing the 30-minute phone call between both leaders. “I have been directed by Mr President to brief you with regards to his phone call with US President Joseph Biden at about 4 pm today. “The two leaders exchanged pleasantries and President Biden proceeded to thank President Tinubu for his partnership and for Nigeria’s partnership, and in particular, for the collaboration between the two countries…

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