TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
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PARAMOUNT SUBMITS REVISED BID FOR WARNER BROS. DISCOVERY . (PHOTO).

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Paramount submits revised bid for Warner Bros. Discovery 

Paramount Skydance has revised its bid to acquire Warner Bros. Discovery, adding a personal guarantee from Larry Ellison worth $40.4 billion. Ellison, founder of Oracle and father of Skydance CEO David Ellison, is backing the deal alongside sovereign wealth funds from Saudi Arabia and Qatar. The updated offer addresses Warner Bros. Discovery’s previous concerns that Paramount’s financing lacked sufficient guarantees.

Warner Bros. Discovery had formally advised shareholders to reject Paramount’s original $108 billion offer, having already accepted an $82.7 billion bid from Netflix, pending regulatory approval. Paramount’s revised proposal includes an irrevocable personal guarantee from Ellison, assurances that assets in the Ellison family trust won’t be revoked or transferred during the transaction, more flexible terms, and an increased regulatory reverse termination fee from $5 billion to $5.8 billion to match Netflix’s. David Ellison said the $30-per-share, all-cash offer remains the superior option, promising greater content production, theatrical output, and consumer choice. The updated offer will expire January 21, 2026.


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