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.

Sèyí Mákindé, Governor of Oyo State has announced the reshuffling of his cabinet. Makinde made this known via a statement issued on Tuesday and made available to newsmen through his Special Adviser on Media, Sulaiman Olanrewaju. According to the statement, the Commissioner for Trade, Industry, Investment and Cooperatives, Ademola Ojo, has been moved to the Ministry of Local Government and Chieftaincy Matters. It added that Segun Olayiwola, who until the reshuffling was heading the Ministry of Local Government and Chieftaincy Matters, has been redeployed to the Ministry of Establishment and Training. The erstwhile Commissioner for Establishment and Training, Hon. Adeniyi…

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Nvidia, a top AI chip maker, has faced an extraordinary three-day decline, losing a massive $430 billion USD ($646 billion AUD) in market value. This sharp decline came after Nvidia briefly became the most valuable company by market capitalization, overtaking Microsoft just last week. Over three days, Nvidia’s shares fell by 13%, leading to a steep drop in its market value. Even with this significant drop, Nvidia’s share price has still increased by nearly 11% over the past month, now at $118.11 USD, down from its high of $135.58 USD. This record-setting loss represents a notable setback for Nvidia, yet…

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The Sokoto State Government has, in the strongest terms, refuted allegations made by the Muslim Rights Concern (MURIC) regarding an alleged plan to dethrone the Sultan of Sokoto, Muhammad Sa’ad Abubakar. The administration in a statement signed by the press secretary to the state Governor, Abubakar Bawa described the claims as “malicious” and “unsubstantiated.” “The attention of the Sokoto State Government has been drawn to a malicious publication credited to the Muslims Rights Concern (MURIC) alleging a plan by the state government to dethrone the Sultan of Sokoto, Muhammad Sa’ad Abubakar. “The state government wondered how a responsible body like…

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The Ọọ̀ni of Ifẹ̀, His Imperial Majesty, Ọba Adéyẹyè Ògúnwùsì, has arrived at the venue of the wedding ceremony of multiple award-winning musician, David Adeleke popularly known as Davido and his partner, Chioma. The monarch who appeared in white attire and his beaded crown was seen greeting the dignitaries at the Habour Point Centre, Lagos venue on Tuesday. Get instant and latest news updates via Our WhatsApp Community or Google News online channel.

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Minister of Interior, Olubunmi Tunji-Ojo, has disclosed that Nigeria saved about ₦600m by automating its passport application system. He made this known when he was featured on Episode 2 of ‘Unfiltered: The Big Interview,’ a YouTube interview series hosted by O’tega ‘The Tiger’ Ogra, an aide to President Bola Ahmed Tinubu. “When we came on board in August last year, it was about stock-taking because I always say this, as a professional, you spend more time planning so that execution can be pretty easy and we’ve been able to do that across all our agencies and today, the short-term goals…

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The Bola Ahmed Tinubu-led Federal Government has activated the National Cholera Multi-Sectoral Emergency Operations Centre (EOC) in response to the cholera epidemic threat in the country. This was made known by the Director General of Nigeria Centre for Disease Control (NCDC), Dr. Jide Idris, while addressing journalists in Abuja. As of June 24, 1,528 suspected cases and 53 deaths had been recorded across 31 states and 107 local government areas. It put the fatality rate at 3.5 per cent since the beginning of the year. “In response to the rapidly increasing cholera cases, a dynamic risk assessment was conducted by…

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The Chairman of FBN Holdings Plc, Mr. Olufemi Otedola, has acquired approximately ₦17.2 billion worth of shares in the company, solidifying his status as the largest single shareholder of the financial institution. This was contained in a notice signed by the company secretary, Mr. Adewale Arogundade, which was posted on the Nigerian Exchange Limited (NGX), Instagram handle. It revealed that about 797,946,415 at ₦21.58 kobo per share was purchased by the billionaire investor on June 24, 2024. The transaction value of the new acquisition amounted to a staggering ₦17.2 billion. The current price of FBN Holdings closed on June 24,…

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The Management of Nigerian Education Loan Fund (NELFUND) has announced a 14-day postponement of the application process for student loan for state institutions. This, according to a statement by the agency is due to “low data submission”. “To date, only a limited number of state-owned institutions have successfully completed the data submission process. These include 20 state universities out of 48, 12 state colleges out of 54, and 2 state polytechnics out of 49. “While we acknowledge the efforts of these institutions, the failure to submit data from the remaining state institutions poses significant challenges to ensuring a seamless and…

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The Caleb Mutfwang-led Plateau State Government has banned churches and mosques from blocking roads during worship. All worship centers are also to provide the building approvals issued by the Jos Metropolitan Development Board or face penalties. In separate letters to the state Chairmen of the Christian Association of Nigeria and Jama’atu Nasril Islam, the government stated that the ban on road blockades is part of the implementation of Executive Order 003, recently signed by Mutfwang. A letter signed by the general manager of JMDB, Hart Bankat read in part, “Following the Executive Order 003 of the Governor of Plateau state…

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Skit maker Layi Wasabi recounted how his uncle traveled from Ibadan to Osogbo with the sole aim of flogging him for failing Physics in school. He made this known during an interview on the 90s Baby Show. The content creator shared that his uncle traveled two hours to punish him for excelling in biology, chemistry, and other arts subjects but failing physics. Due to his grades, it was suggested that he switch to the arts stream. This displeased his mother, who felt he wasn’t taking his studies seriously, so she reported him to one of his uncles. The next day,…

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