The Federal Government has announced plans to review the merger of federal technical colleges and science schools in the country to unbundle them. The Minister of Education, Prof Tahir Mamman, disclosed this at a one-day stakeholders’ meeting on the Challenges…
CBN approves Providus Bank, Unity Bank merger
The Central Bank of Nigeria (CBN) has given its stamp of approval for the merger of Providus Bank Limited and Unity Bank Plc. This historic union marks the first merger to be approved following the CBN’s recent mandate to increase…
APC chieftain advocates merger of House of Reps, Senate
A chieftain of the All Progressives Congress (APC), Mr Abiodun Salami, has called for the adoption of unicameral legislative system to reduce cost of governance. Salami, a former Assistant Publicity Secretary of the party in Lagos, made the call in…
NSCDC role in security system irreplaceable, says ex-corps official
A retired Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), Mr Paul Ayeni, has described the call for the merger of NSCDC with other security agency as “unwarranted”. Ayeni told the News Agency of Nigeria (NAN) in Abeokuta…
Trump’s Truth Social company completes merger that could net him over $3b
Donald Trump’s social media company Truth Social completed a merger Friday morning that could net the former president over $3 billion. Shareholders of Digital World Acquisition Corporation — a special purpose acquisition company — approved a merger with Trump Media…
Warner Bros Discovery abandons plan to fully merge HBO Max with Discovery+
Warner Bros Discovery has ditched plans for a 100% merge streaming services HBO Max and Discovery+, according to the Wall Street Journal. In a report this morning citing unidentified insiders, the news outlet said the decision came after research suggested…
French Broadcaster M6 put up for sale by Bertelsmann following failed TF1 merger
European giant Bertelsmann has put M6 up for sale following the collapse of the French broadcaster’s merger with TF1. Bertelsmann CEO Thomas Rabe confirmed to the Financial Times he has asked for non-binding offers for the company after saying he…
BBC News Journalists consider strike over plans to merge channels and axe 70 jobs in London
BBC News journalists are considering striking over the merger of the domestic and international news channels that will see 70 jobs axed. The National Union of Journalists (NUJ), which represents hundreds of BBC staffers, said a consultative ballot is taking…