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.

Nigerian music superstar Davido (David Adeleke), in a recent interview on Streetz94.5, a hip-hop radio station in Atlanta, shared insights about his journey and the support he received from his family during the early days of his career. Davido revealed that many people did not believe in his potential initially. He mentioned that it was primarily his family and manager who stood by his side. Davido also discussed the influence of his father’s religious values, which guided him through challenges. Reflecting on life’s hardships, Davido recalled a conversation with his father about why bad things happen to good people. His…

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Edo North Senator, Adams Oshiomhole, has voiced his support for the financial autonomy of local governments in Nigeria. On July 11, 2024, the Supreme Court upheld this autonomy, marking a significant step towards decentralization. Speaking at a forum on local government autonomy organized by the House of Representatives, Oshiomhole emphasized the importance of character in governance and accountability. He advised local government chairmen to allocate resources to essential services such as roads and hospitals. In a lighter vein, Oshiomhole remarked, “It’s better to have 774 local government chairmen who are thieves than one big thief,” suggesting that with financial autonomy,…

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Oxford Languages has declared ‘brain rot’ as the Oxford Word of the Year for 2024, reflecting the evolving concerns surrounding online culture and its impact on mental well-being. This decision, made public on Monday through a press release, marks a significant cultural moment as ‘brain rot’ surged in usage, especially among younger generations. Defined as “the supposed deterioration of a person’s mental or intellectual state, especially viewed as a result of overconsumption of material (now particularly online content) considered to be trivial or unchallenging,” the term gained prominence throughout 2024, resonating strongly with those worried about the effects of excessive…

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The Nigeria Police Force (NPF) recently conducted a successful operation led by officers from Zone 7 Command and the National Cybercrime Centre (NPF-NCCC) in Abuja. The operation resulted in the arrest of 113 foreign nationals involved in sophisticated cybercrime activities, including internet fraud and marketing scams. Key Details of the Operation Legal Proceedings Following the investigation and recovery of evidence, the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has arraigned the 113 foreign nationals before the Federal High Court in Abuja. The suspects face serious charges, including: Impact and Future Actions The arraignment of these suspects follows extensive investigations that…

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Central Bank of Nigeria Governor, Olayemi Cardoso, recently revealed that the federal government spent N6.2 trillion on foreign exchange (FX) subsidies in 2022, compared to N4.5 trillion on fuel subsidies. He made these remarks during the 59th annual Bankers Dinner of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos. Cardoso emphasized that FX subsidy losses have been a more significant issue for the country’s revenue than fuel subsidies. He pointed out that the potential revenue lost due to a less reflective FX regime in 2022 was approximately N6.2 trillion, compared to N4.5 trillion from fuel subsidies. He also…

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The Federal Government of Nigeria has been urged to remit a total of N12 billion in loans deducted from workers’ salaries without delay. The Humanity Development and Empowerment Organisation (HDEO), a money lenders association, emphasized the urgency of this remittance due to the economic hardships faced by workers. The association highlighted that the loans were deducted from civil servants’ payslips and salaries but were not credited to the lenders. During a leadership handover ceremony in Abuja, the outgoing National President, Osita Nebolisa, revealed that these loans remain unremitted. He tasked the newly elected executives, led by National President Mr. Dele…

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A devastating fire broke out earlier today at the Moniya market in the Akinyele Local Government Area of Oyo State, Ibadan. The blaze, which started around 12:30 am, destroyed goods worth millions of naira and ravaged 17 shops. The fire is believed to have been triggered by a power surge. Local authorities, including the Babaloja of Moniya Garage, Kolawole Balogun, and Chairman of the Garage, Saliu Bello, were alerted by a security guard about the fire. They expressed deep concern over the extent of the losses, with Balogun stating, “We lost multimillion-naira goods. The prompt arrival of the fire service…

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Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), recently revealed that one of his pastors was arrested abroad for addressing a gathering with the phrase “Ladies and Gentlemen.” The pastor was detained for discrimination, as the phrase was deemed to exclude non-binary and other gender identities. Pastor Adeboye shared this incident during the church’s monthly thanksgiving service at the Throne of Grace in Lagos State, emphasizing the need for vigilance and commitment among Christians. He also expressed concern about the decline in moral values globally, viewing such incidents as signs of the end times.…

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The Central Bank of Nigeria (CBN) is reportedly planning to retire about 1,000 of its employees by December 31, 2024, according to a recent report by Daily Trust. The exercise is expected to cost the apex bank N50 billion. The CBN, under the leadership of Olayemi Cardoso, described the move as a strategic realignment of its workforce. In the past 10 months, the CBN has already disengaged many of its staff, including 17 directors who served under the immediate past governor, Godwin Emefiele. A circular released by the CBN three weeks ago stated that the application for the Early Exit…

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The Apapa Command of the Nigeria Customs Service (NCS) has been recognized for its remarkable performance, receiving three prestigious awards for trade facilitation, revenue generation, and overall excellence. The Command has reportedly contributed approximately N2.1 trillion to the Federal Government’s coffers this year, a significant increase since Dr. Babatunde Olomu took over as the Customs Area Controller of Apapa Port Command. During the awards presentation in Abuja, the Comptroller-General of Customs (CGC), Mr. Wale Adeniyi, described the event as a celebration of excellence beyond routine achievements. The awards were presented to the Apapa Command during the 2024 CGC Awards Night,…

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