Veigar is as strong as the writers say he is. Really analyzing anything is kind of a moot point until we get some tangible data.
I've heard arguments claiming that he is actually stronger than Sol, because he can corrupt what Sol can make. But honestly, I think that argument is a bit silly.
Yes creating dark matter and black holes sounds very, very impressive. But, I would use as a counter-example The Blob from Marvel comics. In (admittedly only one version) of the comics he actually can control gravity, which is an amazing fantastical ability. But he can only control the gravity of things within 10 feet of him, to make them mildly more likely to feel drawn to him, on the whole, not all that impressive. Veigar could be the same way, a power that sounds unbelievably impressive in broad strokes, but is really very limited in practice.
Or he may be strong enough to destroy all of Runeterra. We won't know until Riot says so.
Personally, since I prefer a lower power ceiling, since once you get to planet destroyers the setting just starts to get ridiculous, I'm hoping he's more limited. But, Riot has shown to quite like the type of characters I don't, especially recently. So, who knows, he may be Veigar, Destroy of Solar Systems come his lore re-write.