NIGERIAN PILOTS AND CREW RELEASED IN BURKINA FASO, HEAD TO PORTUGAL. (PHOTO).

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 Nigerian Pilots and Crew Released in Burkina Faso, Head to Portugal Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has announced the release and departure of the pilots and crew of the Nigerian Air Force C-130 Hercules aircraft (NAF 913) that had been detained in Burkina Faso. In a statement issued on Thursday, Ambassador Tuggar confirmed that  following  engagement in Burkina Faso, the pilots and crew of NAF C-130 (913) have been formally cleared to depart and are currently en route to Portugal via Accra. The minister highlighted Nigeria’s commitment to dialogue and regional cooperation, stating that these efforts continue to yield positive outcomes. Ambassador Tuggar paid glowing tribute to President Bola Ahmed Tinubu for his visionary leadership and steady guidance which he said proved decisive in resolving the matter through constructive diplomacy and peaceful engagement.

WARNER BROS. BOARD URGES SHAREHOLDERS TO REJECT PARAMOUNT BID AND BACK NETFLIX OFFER. (PHOTO).


 Warner Bros. board urges shareholders to reject Paramount bid and back Netflix offer

Warner Bros. Discovery’s board of directors has unanimously urged shareholders to reject a takeover bid from Paramount Skydance, throwing its full support behind an earlier offer from Netflix. In a statement released Wednesday, the board said it had completed a detailed review of Paramount’s recently launched tender offer and determined that it failed to deliver sufficient value while exposing shareholders to substantial risks and potential costs. Board chair Samuel A. Di Piazza Jr. said the assessment led directors to conclude that the Paramount proposal was not in the company’s or investors’ best interests.

The board emphasized that Netflix’s bid represents a superior and more certain option for shareholders, citing clearer value and fewer risks compared with the competing offer. Market reaction reflected investor caution, with Warner Bros. Discovery shares dipping in early trading while Netflix shares rose and Paramount’s stock declined. Netflix welcomed the recommendation, with co-CEO Ted Sarandos saying the process produced an outcome that benefits consumers, creators, investors, and the wider entertainment industry, and reaffirming that the merger agreement remains the strongest path forward for shareholders.

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