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: banking acquisition
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
PalmPay's ₦400m Festive Campaign Offers Travel Prizes
PalmPay unveils a ₦400 million festive rewards campaign, offering users cash prizes and all-expense-paid international trips for everyday app transactions. Join the World Travel Carnival from Dec 17 to Jan 8.
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.
Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
Banks Rush to Raise N4.14trn for CBN Recapitalisation
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
Zenith Bank Wins Tech Trailblazer Award at Nexus 2025
Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
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.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
CAC Gives PoS Operators New Registration Deadline
Corporate Affairs Commission sets new deadline for PoS agents to register businesses or face sanctions. Industry faces fresh tension as compliance remains low. Read the full details.
CAC: POS Operators Must Register by Jan 1, 2026
The Corporate Affairs Commission has set January 1, 2026 as the final deadline for all POS operators to register. Unregistered terminals will be seized, and enabling fintechs reported to CBN. Act now to comply.
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.
CAC: Unregistered POS Terminals Face Seizure from 2026
CAC orders all PoS operators to register by Jan 1, 2026, or face seizure. Fintechs enabling illegal transactions will be watchlisted. Full compliance is mandatory.
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.
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.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
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.
CBN's New 72-Hour Rule for Reporting Fraudulent Transfers
The Central Bank of Nigeria's new draft guidelines mandate a 72-hour window for reporting suspicious transfers to qualify for refunds. Learn what this means for your digital banking security.
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.
CIBN Launches Ethics Summit on International Day of Banks
The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.
CIBN marks 2025 International Day of Banks
The Chartered Institute of Bankers of Nigeria commemorates the UN day, highlighting banks' role in sustainable development and cybersecurity amid rising digital threats. Read more.
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