Category : Search result: hostile takeover bid


US Venezuela Oil Plan Poses Risk to Nigeria's 2026 Budget

Experts warn that US efforts to revive Venezuela's oil industry could destabilise Nigeria's 2026 budget, which relies heavily on uncertain oil earnings. Discover the potential impact and calls for diversification.

Governor Walz Ends Re-Election Campaign

Minnesota Governor Tim Walz withdraws from his re-election race, citing a need to focus on governing and addressing a major fraud scandal. Read the full story.

NNPC Sells Stakes in Oil Assets, Bids Open

NNPC Limited invites bids for stakes in key oil and gas assets. Registration deadline is January 10, 2026. PENGASSAN confirms the strategic divestment plan.

Warner Bros. rejects Paramount takeover, sticks with Netflix

Warner Bros. Discovery has officially rejected a hostile $108.4 billion bid from Paramount, stating its planned merger with Netflix offers superior value for shareholders. Get the full details on this major Hollywood power struggle.

Ex-Liverpool Co-owner Tom Hicks Dies Aged 79

Tom Hicks, the controversial former Liverpool FC co-owner, has died at 79. His turbulent tenure saw fan protests and massive debt. Read the full story of his legacy.

Nigeria Reacts to Failed Coup Attempt in Benin

Nigeria's Federal Government condemns the failed military coup in Benin Republic. Foreign Affairs Minister Yusuf Tuggar denounces the assault on democracy. Read the full statement and details.

Nigeria's Sports Crisis: Hosting vs. Grassroots Development

Experts warn Nigeria's obsession with hosting international sports events is failing its athletes. A strategic shift to grassroots development, policy enforcement, and private sector trust is urgently needed to revive the nation's sporting glory.

AU suspends Guinea-Bissau after military coup

African Union suspends Guinea-Bissau following military takeover that ousted President Umaro Sissoco Embalo. ECOWAS and UN condemn the coup as democratic principles violated.

Guinea-Bissau President Embalo flees after coup

Guinea-Bissau's President Umaro Sissoco Embalo has fled to Senegal following a military coup. Opposition candidate Fernando Dias alleges Embalo organized the power grab. Read latest developments.

AU, ECOWAS condemn Guinea-Bissau military coup

African Union and ECOWAS missions denounce Guinea-Bissau military coup that disrupted election results. Regional bodies urge constitutional order restoration and official releases.

Guinea-Bissau Coup: Military Names New Leader

Guinea-Bissau's military appoints General Horta N'Tam as head of state for one year following coup. Capital remains at standstill as international community condemns power grab.

Jonathan Safe After Guinea-Bissau Coup - FG

Former President Goodluck Jonathan safely evacuated from Guinea-Bissau following military coup. Federal Government confirms his return amid condemnation of unconstitutional takeover.

Jonathan Safe After Guinea-Bissau Military Coup

Former President Goodluck Jonathan is safe and has left Guinea-Bissau following a military coup that disrupted elections. Read the full statement from the Federal Government.

Jonathan stranded in Guinea-Bissau after coup

Former Nigerian President Goodluck Jonathan is stranded in Guinea-Bissau following a military coup that suspended elections and closed borders. ECOWAS and AU condemn the takeover.

Niger Rep Appeals to Tinubu Over Terrorist Takeover

Lawmaker Alhaji Jafaru Mohammad Ali urgently appeals to President Tinubu to rescue Borgu from terrorists. Bandits now control Kainji National Park, using it as base for cross-border attacks.

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