NEMA COORDINATES SAR OPS AT THE SCENE OF BUILDING COLLAPSE INVOLVING A THREE STOREY BUILDING UNDER CONSTRUCTION AT GUDU AREA OF FCT. (PHOTOS). #PRESS RELEASE.

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 NEMA COORDINATES SAR OPS AT THE SCENE OF BUILDING COLLAPSE INVOLVING A THREE STOREY BUILDING UNDER CONSTRUCTION AT GUDU AREA OF FCT At about 0945hrs on Saturday 16th May, 2026, the National Emergency Management Agency (NEMA) was alerted of a building collapse at Gudu District of FCT.  Critical stakeholders including Federal Fire, FCT Fire, NSCDC, NPF, FRSC and Federal Capital Territory Emergency Management Agency (FEMA) were activated while a response team of NEMA from the Abuja Operations Office led by the Head of Operations Mr Zakari Abubakar  and operatives from AYA Emergency Response Bay (ERAB) were deployed to the scene for quick response and coordination.  A reinforcement team  from NEMA Headquarters led by the Director Search and Response (DSAR) Air Cdre Bature Usman was also on ground to provide necessary backup and supervision. At the time of this report, the operation is still ongoing. However, sixteen (16) casualties have so far been evacuated to Aso...
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WARNER BROS. BOARD URGES SHAREHOLDERS TO REJECT PARAMOUNT BID AND BACK NETFLIX OFFER. (PHOTO).

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 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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