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.

On Saturday, Okechukwu Isiguzoro, a chieftain of the Ohanaeze Ndigbo, the highest Igbo socio-cultural group, stated that it was time for Igbos to begin progressively withdrawing and shifting their enterprises back to the South-East. Isiguzoro was responding to a widely shared video clip on the internet that showed defenseless Igbo vendors at the Trinity Spare Parts Market in Apapa, Lagos, on February 1, 2024, bemoaning their failure to save their merchandise. Isiguzoro called the situation depressing, but he said that the group was “closely observing the distinct pattern of these demolitions” and that they were “systematically documenting the demolition of…

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Prince Dapo Abiodun, the governor of Ogun State, has said that the advancement of the state and the welfare of its people are the top priorities of his administration. To commemorate the 48th anniversary of the state’s founding, Prince Abiodun made this declaration on Saturday. In 1976, Ogun was established under the leadership of the late General Murtala Mohammed. The governor stated that the Gateway State has grown into one of the wealthiest states in Nigeria as a result of the efforts of many governments, despite a number of obstacles. The efforts of Prince Abiodun’s forebears, who he claimed set…

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According to an official, the European Union (EU) has contributed 1.5 million euros to the protection of the biodiversity in Cross River. This was said on Saturday at a meeting between Governor Bassey Otu and EU Ambassador to Nigeria and the Economic Community of West African States, Ms. Samuela Isopi. The meeting took place at Government House in Calabar. As part of the union’s efforts to help wildlife conservation in the state by launching new infrastructure and interventions worth at 1.5 million euros, Isopi said the delegation was in Cross River. Although it was the first visit in more than…

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According to Mr. Adebayo Adelabu, Minister of Power, a committee would be formed by the Federal Government to address power outages in specific regions of the nation. Following a meeting with Electricity Distribution and Generation Companies on Friday in Abuja, Adelabu made this revelation in a message that was uploaded on his official X account. “I have decided to form a committee involving all stakeholders. Together, we will work on recommendations to resolve these issues and ensure a more reliable and consistent power supply for our citizens.” “Yesterday, I had crucial discussions with power Generating Companies (GenCos) and Distribution Companies…

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On Friday, the Jigawa government authorized the building and repair of mosques around the state for a total of N1.4 billion. Additionally, the money will be utilized to fence off cemeteries in thirty different state constituencies. The State Executive Council authorized the funds, according to Mr. Sagir Musa, Commissioner for Information, Youths, Sport, and Culture, who was speaking to reporters in Dutse. He also mentioned that the District Heads’ palaces would be built using some of the funds. The commissioner claims that the N1.4 billion will be used for 2023 constituencies projects.

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Pastor Enoch Adeboye, the general overseer of the Redeemed Christian Church of God, or RCCG, has said that those responsible for the kidnapping and killing of the nation’s traditional rulers will be consumed by the fire of God. According to Pastor Adeboye, there would be no peace for anyone who want to meddle with Nigeria’s traditional rulers. He gave a speech during “From the Mountain Top 2,” the church’s monthly Holy Ghost Service program. “The fire of God will consume all those trying to mess around with our traditional rulers. “Because, as far as God is concerned, traditional rulers are…

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Five people are said to have been slain by bandits at two polling places in Kankara LGA, Katsina State, where a rerun election is planned for today. During the late-night attack on Friday, the attackers—who arrived on more than fifty motorcycles—also stole more than one hundred bags of soybeans, cowpeas, and guinea corn from the Ungwar Kela hamlet. A resident claim that the thieves employed a calculated plan whereby some members were stationed to watch over the area while others rode about all night carrying the stolen produce. There was no response when attempting to reach Alhaji Anas Isah, the…

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The Central Bank of Nigeria (CBN) changed the exchange rate on the Customs platform to N1,413.62/$1 on Saturday in response to stakeholders’ rejection of the N1,356.883 rate. Less than a day has passed after the CBN raised the exchange rate on Friday, February 2, 2024, from N951.941/$1 in December to N1,356.883/$1. Recall that the CBN changed the exchange rate from N422.30/$1 to N589/$1 on June 24, 2023, and then again on July 6, 2023, to N770.88/$1. It was changed to N783.174/$1 on November 14, 2023; N951.941/$1 on December 7, 2023; N1,356.883/$1 on Friday, February 2, 2024; and it is currently…

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International money transfer services are no longer allowed for banks and financial technology businesses (fintechs) according to an order issued by the Central Bank of Nigeria (CBN). The application fee for licensing International Money Transfer Operators (IMTOs) has increased dramatically by 1,900% in conjunction with this move. A CBN memo dated Wednesday, January 31, 2024, revealed the apex bank’s decision and included the updated parameters for IMTO activities. “All banks are prohibited from operating International Money Transfer services but can act as agents,” the document partly reads. It further stated that fintech companies cannot receive permission from the IMTO. The…

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Oba Gbolagade Muritala Babalola (Gbadewolu I), the Onido of Ido in the state’s Ido Local Government Area, has been suspended by the Oyo State Government. Governor ‘Seyi Makinde approved the suspension on Thursday, February 1, 2024, according to a letter from the government dated February 2, 2024, and signed by Hon. Olusegun Olayiwola, Commissioner for Local Government and Chieftaincy Matters. Sulaimon Olanrewaju, Special Adviser (Media) to the Governor of Oyo State, signed a statement on Friday, although it omitted the reason for the suspension. Quoting the letter in part, it reads, “I wish to inform you that His Excellency, the…

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