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.

A 23-year-old philosophy student at Olabisi Onabanjo University, Ayomide Adeleye, has confessed to the gruesome murder of 18-year-old Christiana Idowu, a fellow church member. According to a Vanguard report, Adeleye, now in custody at the Lagos State Police Command Tactical Unit in Ikeja, admitted that financial desperation drove him to commit the crime. Adeleye revealed that he lured Idowu, an Industrial Training student at Yaba College of Technology, to his residence under the pretext of repairing her phone. Once she arrived, he attacked her. “I just grabbed her, applied pressure, and squeezed her throat until she gave up,” he recounted.…

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Nigeria’s naira has been ranked among the world’s 10 worst-performing currencies, according to a report by Bloomberg. This decline, shared with other African currencies like the Zambian kwacha and Angolan kwanza, is largely due to economic challenges, unstable commodity prices, inflation, and a lack of dollar liquidity. While oil prices have been cited as a major factor, experts like Keonethebe Bosigo, a portfolio manager at Mazi Asset Management, point to poor currency management and economic imbalances as the primary causes. Bosigo noted that Nigeria’s failure to allow the naira to adjust led to its overvaluation and subsequent loss of confidence.…

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The U.S. Mission in Nigeria has issued guidelines for U.S. citizens residing in Nigeria to participate in the upcoming November 2024 U.S. Presidential elections. As the election approaches, American citizens overseas are encouraged to follow these steps to ensure their vote is counted: The 2024 U.S. Presidential election is pivotal, with citizens across the globe exercising their right to vote, determining the next President of the United States. Overseas citizens are strongly encouraged to vote early and ensure their ballots are returned on time to avoid any delays. The election will see major candidates from the Democratic Party, Republican Party,…

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The Nigerian government may introduce another electricity tariff hike in October 2024, as the country’s power subsidy continues to rise, reaching ₦181.63 billion in September 2024. This marks a significant increase from ₦102.30 billion in May, with the government paying ₦163.87 billion in July, ₦173.88 billion in August, and ₦181.63 billion in September. This potential hike comes after the Nigerian Electricity Regulatory Commission (NERC) removed subsidies for areas with Band A feeders in April 2024, leading to an initial tariff increase to ₦225 per kilowatt-hour for consumers receiving at least 20 hours of electricity daily. This sparked public outcry as…

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The Crude Oil Refiners Association of Nigeria (CORAN) has urged the Nigerian government to set the exchange rate at ₦1,000 per dollar to bring down the price of petrol from Dangote Refinery to below ₦600 per liter. CORAN’s spokesperson, Eche Idoko, made this suggestion in response to the current surge in petrol prices, which range between ₦950 and ₦1,100 per liter across Nigeria. The hike follows an announcement by the Nigerian National Petroleum Company Limited (NNPCL) of an increase in petrol prices across its outlets, citing the cost of Dangote Refinery’s fuel, priced at ₦898 per liter. Dangote Refinery, however,…

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President Bola Tinubu has extended his congratulations to Senator Monday Okpebholo, the All Progressives Congress (APC) candidate, for his victory in the Edo State governorship election held on Saturday, September 21, 2024. Okpebholo was officially declared the winner by the Independent National Electoral Commission (INEC) on Sunday. In a statement by his media aide, Bayo Onanuga, President Tinubu commended the efforts of APC leaders at both the national and state levels, as well as the governors of the party, for their hard work in securing the victory. He emphasized that the win reflects the people’s support for the APC’s progressive…

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Senate President Godswill Akpabio has attributed the victory of the All Progressives Congress (APC) candidate in the Edo State governorship election to the confidence Nigerians have in President Bola Tinubu’s leadership. Akpabio made this claim on Sunday, following the announcement by the Independent National Electoral Commission (INEC) that APC’s Monday Okpebholo won the election held on Saturday, September 21, 2024. Okpebholo secured victory in 11 local government areas, while Asue Ighodalo of the Peoples Democratic Party (PDP) won in 7, and Labour Party’s Olumide Akpata did not win any. “I strongly believe that the election in Edo, though tense at…

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Veteran comedian Ali Baba has spoken out against men who pressure their wives to quit their jobs simply because they earn more. Reacting to a trending story of a man who made his wife resign for this reason, Ali Baba questioned the authenticity of such narratives and criticized the insecurities of men who tie their self-worth to financial status. In a post on his Instagram, Ali Baba stated that if anyone should quit their job in such a scenario, it should be the man, not the woman. He remarked that financial insecurity shouldn’t drive a man’s sense of confidence. Drawing…

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President Bola Ahmed Tinubu has directed security agencies to intensify their efforts against cybercriminals and organized crime groups in Nigeria. This was revealed by Bayo Onanuga, the Special Adviser to the President on Information and Strategy, in a statement on Sunday. The directive follows the Economic and Financial Crimes Commission’s (EFCC) recent handover of 53 vehicles and $180,300 to the Royal Canadian Mounted Police (RCMP) on behalf of two Canadian citizens defrauded by Nigerian cybercriminals. President Tinubu praised the EFCC’s efforts and called on agencies, including the Nigeria Police Force, Nigeria Customs Service, and Nigerian Ports Authority, to crack down…

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Florence Otedola, widely known as DJ Cuppy, made history as the first British Nigerian to host an opening session at the United Nations General Assembly (UNGA). The renowned DJ and philanthropist anchored the session titled “The Summit of the Future – Youth Actions Day.” During her keynote address, DJ Cuppy energized the audience, emphasizing the importance of youth involvement in global leadership. In her remarks, she highlighted her passion for education, referencing her Cuppy Foundation’s work in funding education for African students. The event also featured a light-hearted moment when DJ Cuppy hinted at her ambition to become Nigeria’s first…

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