LASG PRESENTS STAFF OF OFFICE TO NEW ONIȘẸ OF ISE KINGDOM. (PHOTOS). #PRESS RELEASE.

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 LASG PRESENTS STAFF OF OFFICE TO NEW ONIȘẸ OF ISE KINGDOM The Lagos State Government has presented the Staff of Office and Instrument of Appointment to Prince Ibrahim Adebowale Saliu, as His Royal Majesty, Alaiyeluwa Oba Ibrahim Adebowale Saliu, the Onise of Ise Kingdom in Lekki Local Government Area. The presentation was performed on Friday, August 21, 2026, by the Special Adviser to the Governor on Rural Development, Dr. Nurudeen Yekinni Agbaje, alongside the Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mrs. Kikelomo Bolarinwa, with the approval of the Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu and the Lagos State Executive Council, following the demise of the late Oba Ganiu Adebowale Adegbesan, Onise of Ise Kingdom. Speaking at the occasion, Dr. Agbaje urged the new Monarch to make peace, unity and inclusive development the pillars of his reign, stressing the important role traditional institutions play in promoting har...
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PARAMOUNT PLANNING BID TO ACQUIRE WARNER BROS. DISCOVERY . (PHOTO).

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 Paramount planning bid to acquire Warner Bros. Discovery 

Fresh off their acquisition of Paramount Global, the Ellison family is reportedly preparing a bid to purchase Warner Bros. Discovery, according to the Wall Street Journal. The proposed offer is expected to be a majority cash bid and would cover the entire company, including its well-known cable networks and its iconic movie studio. Warner Bros. Discovery previously announced its intention to split its television networks and its studios and streaming divisions into two separate companies by mid-2026, a move that could reshape the entertainment landscape.

Following the report, Warner Bros. Discovery shares surged more than 20% on Thursday, while Paramount stock saw an increase of over 8%. Paramount declined to provide a comment, and Warner Bros. Discovery has not yet responded to requests for comment. This development comes shortly after David Ellison’s Skydance Media finalized its $8 billion merger with Paramount in August, a deal that followed a lengthy FCC review. The two-step transaction involved Ellison acquiring Shari Redstone’s National Amusements, which holds 77.4% of Paramount’s Class A common stock and roughly 9.5% of its equity, before merging with the studio. The agreement included $2.4 billion for Redstone, $4.5 billion to non-NAI Paramount shareholders, and an additional $1.5 billion in new capital aimed at debt reduction and recapitalizing Paramount’s balance sheet.

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