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: tech acquisition
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.
Adoption, Not Development, is Nigeria's Tech Hurdle
Tech experts at Abuja Tech Converge 3.0 identify poor adoption as the primary barrier to technological progress in Nigeria, citing agriculture as a key example. Read more.
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.
Laseinde Spotlights Africa's Unsung Tech Heroes
Abiola Laseinde reveals why she founded The CIO & C-Suite Awards Africa to celebrate tech leaders who kept the world running during COVID-19. Discover her mission for recognition and female inclusion.
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.
BXcraft Forum Sparks Tech Skills in Nigerian Youth
Shedrach Jonah's session at the BXcraft Tech Forum demystified mobile development, offering a practical roadmap for young Nigerians. The event, supported by the Federal Ministry, aims to strengthen the nation's digital future.
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.
Adeleke Announces Osun Tech Festival for February 2026
Osun State Governor Ademola Adeleke announces the 2026 Osun Tech Festival, a 20-hectare Digital City, and a new electricity law to empower local innovators and attract global partners. Discover the state's tech roadmap.
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.
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.
Zenith Bank Awards N140m to African Tech Innovators
Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.
Innovation Key for Nigeria's Sustainable Digital Ecosystem
Industry leaders Adeyinka Adedokun and Olubayo Adekambi stress the need for integrated systems and strategic tech adoption to build a sustainable digital future for Africa.
DevFest Lagos 2025 Delivers Tech Insights Amid Changes
DevFest Lagos 2025 brought together Nigeria's tech community for five days of learning, networking, and honest conversations about the industry's future. Discover key insights from top speakers.
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.
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.
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