Author: Prima News

Paramount Skydance has submitted a higher bid for Warner Bros Discovery ahead of a shareholder vote next month. A source familiar with the matter said the revised bid improves on Paramount’s earlier $30 per share all-cash proposal, which valued the company at about $108.4 billion. The exact terms of the new offer were not disclosed, but analysts expect it could fall between $31 and $34 per share. Warner Bros shareholders are due to vote on Netflix’s $82.7 billion cash offer, priced at $27.75 per share, on 20 March 2026. Under the terms of that agreement, Netflix has the right to…

National Assembly has raised Presidential Campaign Spending Limit to N10bn ahead of 2027 elections in the newly signed Electoral Act 2026. NewsOnline Nigeria reports that the National Assembly of Nigeria has doubled the campaign spending limit for presidential candidates to N10 billion and increased the governorship ceiling to N3 billion under the newly enacted Electoral Act 2026, significantly reshaping the financial landscape ahead of the 2027 general elections. The revised thresholds were disclosed in a statement issued on Sunday by Senate Leader Opeyemi Bamidele through his Directorate of Media and Public Affairs. The reforms are part of the new electoral…

By Kestér Kenn Klomegâh Russian Foreign Minister, Sergey Lavrov, has reiterated the official statement on expanding visa-free travel between Russia and Africa, signaling Kremlin’s earlier position on facilitating people-to-people movement and raising cultural interaction. The question of ‘visa-free’ travel and tourism dominated discussions during the first and second Russia-Africa summits, as a step to embrace new bilateral relations and soft-power diplomacy with Africa. While ‘visa-free’ travel could be interpreted as a potential driver for boosting tourism business, Sergey Lavrov’s definition limited this policy only to ‘Africans holding diplomatic passports’ and largely excludes political elites and business executives looking to develop…

The Federal Government has reiterated its resolve to strengthen border security, enhance veterans’ welfare and review key defence policy documents to reposition Nigeria’s national security architecture for emerging threats. The Minister of Defence, retired Gen. Christopher Musa, stated this while receiving members of the Alumni Association of the National Defence College (AANDEC) in Abuja. This is contained in a statement by the Deputy Director, Information and Public Relations, Ministry of Defence, Enderline Chukwu, on Tuesday in Abuja. Musa said Nigeria’s security environment remained fluid and increasingly complex, making periodic review of existing defence frameworks imperative. According to him, foundational documents…

The Federal Government has assured investors in Nigeria’s mining sector that their assets will be fully protected, as part of efforts to attract more investment into the industry. Minister of Solid Minerals Development, Mr Dele Alake, gave the assurance during a recent engagement with stakeholders, stating that the government is committed to safeguarding investments and creating a stable business environment. He explained that Nigeria’s adoption of international standards, including the Cape Town Convention, provides legal backing and protection for mining equipment and other movable assets used in the sector. According to him, “the move is expected to boost investor confidence,…

News » Premier League news » Arsenal newsFebruary 23, 2026 20:31 GMT (UK), by Sri Aswin Leao to Arsenal this summer? Arsenal have held talks with the entourage of AC Milan winger Rafael Leao ahead of a potential summer approach, according to Football Transfers. The Gunners are likely to bolster the left wing department during the summer transfer window. Leandro Trossard will enter the last year of his contract in July and there is a possibility that he could be sold.Arsenal have been linked with numerous names in the last six months and Football Transfers now claim that the club have made contact with…

Beastinguish Senators! The Nigerian political terrain is one where the good, the bad and outright ugly find equal space to thrive. In the mainstream, there are a few real good fellows. However, the genuine one are often very difficult to identify because there are too many characters whose stock in trade is to mimic their nature by pretending to project the belief that they are for service. Inwardly however, they see political offices as fortresses with protective covers for the pursuit of self aggrandizement. Most politicians fall into this category and they thrive more leaving others to depend on…

Behind the staggering profits lies what the report calls a “litany of abuse” affecting hundreds of thousands of people from at least 66 countries. Many were lured abroad by promises of legitimate jobs, only to find themselves detained, beaten and forced to commit online fraud.“The treatment endured by individuals within the context of scam operations is alarming,” the report states.The report, titled A wicked problem, is based on in-depth, trauma-sensitive interviews with victims trafficked and forced to work at scam centres, and information from a range of sources – including confidential ones. It was published on Friday in Geneva by…

With OpenAI on the verge of finalizing a new $100 billion round, and Anthropic just closing its own monster $30 billion raise, one thing is clear: The concept of investor “loyalty” is only hanging on by a thread.  At least a dozen direct investors in OpenAI were announced as backers in Anthropic’s $30 billion raise earlier this month, including Founders Fund, Iconiq, Insight Partners, and Sequoia Capital.  Some dual investments are understandable if they come from the hedge fund or asset manager worlds, where their focus is still largely investing in public stocks (competitors or not). These include D1, Fidelity,…

Moniepoint study has shown that digital payment infrastructure is fueling Nigeria’s nightlife.   NewsOnline Nigeria reports that Moniepoint Inc. has released a new case study titled “The Business of Community Nightlife in Nigeria,” offering a rare, data-driven insight into the country’s thriving informal night economy. While upscale “Detty December” hotspots often make headlines with daily revenues reportedly hitting ₦360 million and premium tables priced at ₦1.2 million, the new report shifts attention to Nigeria’s “community nightlife” — roadside bars, suya spots, food vendors, and neighborhood lounges that form the social backbone for millions of Nigerians. 27,000+ Venues Analysed Across Nigeria…