PRESIDENT TINUBU'S GOVERNMENT TO BUILD MORE HOUSES FOR JUDGES-NYESOME WIKE REVEALS. (PHOTO).

-
Image
 President Tinubu's government to build more houses for judges-Nyesome Wike reveals The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has reiterated that President Bola Tinubu will continue to support the judiciary to enhance productivity, reduce delays, and uphold its independence and integrity. The minister disclosed that budgetary provisions had been made to construct additional residential houses for FCT High Court judges to mitigate housing shortages and ensure all judicial officers are appropriately accommodated. Wike, in his goodwill message at a special court session formally marking the commencement of the 2025/2026 Legal Year of the Court of Appeal in Abuja, on Monday, said “well-equipped court facilities, chambers and support infrastructure ensure that judicial work is conducted in a professional, safe, and conducive environment”. In a statement by his spokesman, Lere Olayinka, Wike disclosed that “under the President’s decisive action, the Federal Capital...
Post a Comment

PARAMOUNT LAUNCHES HOSTILE BID FOR WARNER BROS., COUNTERING NETFLIX’S $72 BILLION OFFER. (PHOTO).

-


Paramount launches hostile bid for Warner Bros., countering Netflix’s $72 billion offer


 Paramount has launched a hostile bid to acquire Warner Bros. Discovery, directly challenging Netflix just days after the streaming giant reached a $72 billion agreement to take over the company.

In its announcement Monday, Paramount said it is bypassing Warner Bros. leadership and appealing directly to shareholders with a $30-per-share all-cash offer for the entire company, including the Global Networks division. The company urged investors to reject the Netflix deal, which remains subject to approval.

Paramount argued that the Netflix proposal would drag shareholders into a lengthy and uncertain regulatory process across multiple countries, while also tying their financial future to what it described as a complicated mix of cash and stock. The company said it has spent the past 12 weeks submitting six separate proposals to Warner Bros. Discovery in an attempt to reach an agreement.

Paramount CEO David Ellison said the takeover would strengthen the broader entertainment industry by increasing competition and expanding theatrical output. He said consumers, creators, and movie theaters would all benefit from the combined company’s larger content budget and increased slate of films.

Netflix’s deal to purchase Warner Bros. Discovery, maker of the “Harry Potter” franchise and owner of HBO, was announced Friday. The agreement values Warner Bros. Discovery at $27.75 per share — an enterprise value of $82.7 billion including debt — and is expected to close within 12 to 18 months. Cable networks such as CNN and Discovery were previously carved out and are not included in the transaction.

President Donald Trump weighed in on Sunday, suggesting the Netflix-Warner deal “could be a problem” due to the potential size and influence of the combined media powerhouse.


Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more