Otedola Acquires N14.8bn First HoldCo Shares, Stake Hits 18%
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
Category : Search result: Share Acquisition
Final 24 Hours for Ellah Lakes' ₦235bn Investment Offer
Ellah Lakes' ₦235 billion share offer closes Dec 19. Invest at ₦12.50/share in Nigeria's integrated agro-industrial transformation before valuation shifts. Act now!
Nigerian Stock Market Gains N245 Billion
The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.
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.
Netflix Pledges Cinematic Future for Warner Bros Films
Netflix CEO Ted Sarandos promises to maintain theatrical releases for Warner Bros movies if the streaming giant's $83 billion acquisition succeeds. Read the full story.
Trump to be Involved in Netflix-Warner Bros. Deal Review
US President Donald Trump says he will be involved in the regulatory review of Netflix's $83 billion bid for Warner Bros., citing market share concerns. Read the full story.
Netflix Buys Warner Bros for $82.7bn, DStv Loses Channels
Netflix agrees to a historic $82.7 billion acquisition of Warner Bros. Discovery. The deal, set for 2026, will see 11 channels exit DStv and GOtv in Africa. Read the full story.
Churchill's Hermès Bag Stirs Reactions, Celebrities React
Nigerian businessman Olakunle Churchill trends online after flaunting a new Hermès bag. Celebrities like Cubana Chiefpriest & Eniola Badmus react. Read more details.
Netflix Acquires Warner Bros. in $72B Landmark Deal
Netflix strikes a $72 billion deal to acquire Warner Bros. studios and HBO Max, uniting iconic franchises. Learn how this reshapes streaming for Nigerian viewers.
Netflix Warner Bros. Acquisition Sparks Hollywood Fury
Netflix faces fierce criticism from Hollywood elites and lawmakers over its blockbuster acquisition of Warner Bros. Discovery. Discover why insiders call it a 'disaster' for cinema.
Nigerian Equities Market Gains N997bn in Week
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
Netflix Buys Warner Bros in $72bn Mega-Deal
Netflix has purchased Warner Bros Discovery's film and streaming assets for $72 billion. This historic deal combines iconic franchises like Harry Potter and DC with Netflix's global platform, potentially altering Hollywood forever. Discover the details an
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix announces a historic $83 billion acquisition of Warner Bros. Discovery, reshaping the global entertainment landscape. Get the full details on this landmark deal.
Netflix Buys Warner Bros. Discovery for $83 Billion
Streaming giant Netflix agrees to acquire Warner Bros. Discovery for nearly $83 billion, the biggest entertainment merger since Disney-Fox. Details inside.
Akwa Ibom Pays N1.6bn Transport Refunds to Job Seekers
Governor Umo Eno approves over N1.6 billion in transport refunds for civil service CBT applicants. 12,000 candidates proceed to oral interviews in 2026. Read the full details.
TVET Initiative Pays Stipends to 42,000 Students
The Federal Government has started paying monthly stipends to over 42,000 students under the TVET initiative. Learn how this program supports skills acquisition and economic growth.
Executives: Data Discipline Unlocks Digital Revenue in Nigeria
At the Leadway Digital Growth Summit, industry leaders warned that Nigerian firms must adopt stricter data discipline and deeper collaboration to achieve measurable returns on digital marketing investments. Discover the key strategies.
Eko DisCo: Free Meters Only Through Official Portal
Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.
Vodacom Takes Control of Safaricom in $2.1B Deal
South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.
Nigeria Stock Market Gains N1.29trn, ASI Rises 1.20%
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
Prada Finalises €1.25 Billion Takeover of Versace
Italian fashion giant Prada has finalised its acquisition of rival Versace for €1.25 billion. Lorenzo Bertelli is named Executive Chairman. Discover the impact on global luxury.
Egbe-Idimu Council Boss Empowers Skills Graduates
Egbe-Idimu LCDA Chairman Idris Balogun empowers 500 skills acquisition graduates with tools and N100,000 cash each, marking 100 days of 'Renewed Hope Agenda'.
First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
Nigeria Stock Market Falls After CBN MPC Meeting
Nigerian stock market declined 0.49% Wednesday as investors reacted to CBN's decision to maintain 27% MPR. Market capitalization lost N444 billion. Read full analysis.
Paystack Fires Co-founder Over Sexual Misconduct
Paystack terminates Co-founder Ezra Olubi amid sexual misconduct allegations. The Nigerian tech giant escalates a controversy shaking Africa's startup ecosystem. Read the full story.
Paystack terminates CTO Ezra Olubi amid misconduct probe
Paystack has terminated co-founder Ezra Olubi's employment following sexual misconduct allegations. Olubi claims termination occurred before investigation concluded. Read full details.
Google Brings AirDrop to Android via Pixel 10
Google's new update enables Android Quick Share to work with Apple AirDrop, starting with Pixel 10. Nigerian users can now transfer files between platforms without compression.
Nile University Fights Unemployment with Innovation
Nile University commits to fighting unemployment through hands-on entrepreneurship programmes and a new French-donated fabrication lab. Discover how they are shaping future leaders.
Lufthansa Bids for TAP Stake, Rivaling Air France-KLM
Germany's Lufthansa has officially entered the race to acquire a stake in TAP Air Portugal, competing with Air France-KLM. Discover how this move impacts European aviation and TAP's strategic routes to Brazil and Africa.
NGX Bearish Run Continues, Investors Lose N110bn
Nigerian stock market extends bearish trend with 0.12% decline as investors lose N110.20 billion. ASI drops to 144,986.51 points amid profit-taking in banking stocks.
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