mandatory buyout offer
9 Apr 2024
French media group Vivendi's Canal+ made an all-cash mandatory offer on Monday to buy all the shares of South African broadcaster MultiChoice, which it does not already own for 35 billion rand ($1.9 billion), both companies said.
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Mr. Segun Ajayi-Kadir, Director-General, Manufacturers Association of Nigeria (MAN) says seven manufacturing sectoral groups showed improvements in confidence levels in the fourth quarter of 2024. He made the assertion on Monday in Lagos via the Manufacturers CEO Confidence Index (MCCI). The News Agency of Nigeria (NAN) reports that the MCCI is a barometer used to…
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The Kano State government has condemned the All Progressives Congress (APC) plan to establish a 'shadow government,' calling it a desperate attempt to destabilise the state. Alhaji Usman Alhaji, the former Secretary to the Kano State Government and National Chairman of the APC Patriotic Volunteers, announced on Saturday the group's intention to form a shadow…
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A member of the House of Representatives, Philip Agbese, has explained his decision to file a defamation lawsuit against Tigran Gambaryan, an executive at Binance, over allegations that he and two other lawmakers demanded a $150 million bribe. In a statement on Monday, Agbese, who serves as the Deputy Spokesperson of the House, revealed that…
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Former President Goodluck Jonathan, on Monday, flag off the new Olympic-standard 25,000-capacity Bayelsa stadium project at Igbogene, Yenagoa, as part of the activities marking the 5th anniversary of governor Douye Diri. The former president performed the groundbreaking ceremony on a day Gov. Diri restated his appeal for support of the the federal government as well…
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The Health and Development Support Programme (HANDS), an NGO, has trained community health workers in Kano on the Social Behavioural Communication Change (SBCC) strategy. The training, held on Monday in Kano, focused on raising awareness about Neglected Tropical Diseases (NTDs) and Water, Sanitation, and Hygiene (WASH) practices. Mr Muhammad Dan’Aro, the state Programme Officer of…
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A chieftain of the All Progressives Congress (APC), Nwaorisa Gerald, has criticised the party’s leadership for failing to address growing tensions with former Kaduna State Governor, Mallam Nasir El-Rufai. The reaction follows reports suggesting that El-Rufai is dissatisfied with both the party and the president, with speculations that failure to address the issue could deepen…
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The Senate Committee on Power has kickstarted discussions with a South Korean energy firm, BK Energy, to explore mini-grid solutions and alternative energy sources, including coconut-derived graphene for power generation. This comes against the backdrop of Nigeria’s persistent national grid collapse and unstable power supply. During a meeting on Monday, the Committee Chairman, Senator Enyinnaya…
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The Inspector-General of Police has ordered the deployment of more decoy operatives to Osun State to maintain law and order following violence over a court ruling on the reinstatement of sacked local council chairmen. Police spokesman, ACP Muyiwa Adejobi, who disclosed the new move by the police, noted that it was in response to the…
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The Federal Government has donated food and non-food relief items to Borno Government to support the resettlement of Nigerians who returned from Chad. Mrs Fatima Daura, the Director, Refugee Department at the National Commission for Migrants, Refugees, and Internally Displaced Persons (NCFRMI) made the presentation on Monday in Maiduguri. The News Agency of Nigeria (NAN)…
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Ahead of the Saturday, February 22, 2025, local government elections in Osun State, the Osun State Independent Electoral Commission (OSSIEC) has officially unveiled voting materials. The unveiling took place on Monday during a press briefing held at the commission’s headquarters in Osogbo. The event was led by OSSIEC Chairman, Hassim Abioye, who assured the public…