October 22, 2025

Warner Bros Discovery Rejects $60bn Paramount Skydance Takeover

Warner Bros Discovery Rejects $60bn Paramount Skydance Takeover

Warner Bros Discovery has turned down a nearly $60 billion all-cash offer from Paramount Skydance, as the entertainment giant begins exploring other strategic options, including a potential split of its major businesses.

Reuters first reported that the Warner Bros Discovery board rejected the proposal, valued at about $24 per share. The bid covered the company’s extensive assets, including Warner Bros film and television studios, CNN, HBO Max, and a portfolio of cable channels. Shares of Warner Bros Discovery jumped 11% on Tuesday following the news.

In a statement released Tuesday, Warner Bros Discovery confirmed that it would evaluate a range …

Trump Says Modi Agrees To Reduce Russian Oil Imports

Trump Says Modi Agrees To Reduce Russian Oil Imports

US President Donald Trump has reaffirmed that India has consented to progressively decrease its purchases of Russian crude oil, stating that Prime Minister Narendra Modi confirmed this decision during a telephone call earlier in the week.

During a Diwali event at the White House on Tuesday, Trump informed reporters that Modi had expressed that India would not be purchasing significant amounts of oil from Russia and desires an end to the conflict between Russia and Ukraine.

Modi later acknowledged Trump’s “kind Diwali greetings” in a social media update, but did not address any talks about Russian energy supplies.

Last week, …

NNPC's Paulinus Okoronkwo Forfeits $2.5M Mansion In U.S. Ruling

NNPC Executive, Okoronkwo Forfeits $2.5 Million U.S. Mansion

United States court orders Nigerian oil executive Paulinus Okoronkwo to surrender a $2.5 million Los Angeles mansion after conviction for money laundering.

A senior official of the Nigerian National Petroleum Company (NNPC), Paulinus Okoronkwo, has been ordered by a U.S. court to forfeit a $2.5 million mansion in Los Angeles following his conviction on money laundering charges.

The ruling, delivered on October 3, 2025, by Judge John Walter of the U.S. District Court for the Central District of California, forms part of Okoronkwo’s sentencing in Case No. 2:24-CR-20(A)-JFW. The luxury property, located at 25340 Twin Oaks Place in Valencia, California, …

The Billionaire Republic: Inside Africa’s Quiet Monopoly

EDUCONOMY AFRICA

By Prof. MarkAnthony Nze
Investigative Journalist | Public Intellectual | Global Governance Analyst | Health & Social Care Expert | International Business & Immigration Law Professional | Strategic & Management Economist

 

Executive Summary

Africa’s wealth is growing — but so is the distance between those who hold it and those who create it. The Billionaire Republicexamines that widening gulf with the precision of data and the conscience of storytelling. It is an exposé of power dressed as progress — an anatomy of how privilege, policy, and capital have quietly fused to turn nations into markets and …

Senegalese Teen Footballer Killed After Kidnap Ransom Fails

Senegalese Teen Footballer Killed After Kidnap Ransom Failed

Senegalese goalkeeper, Cheikh Toure, murdered in Ghana after being lured by fake football recruiters; authorities launch joint probe into the tragedy.

The Senegalese football community is reeling after the killing of 18-year-old goalkeeper Cheikh Toure, who was kidnapped and later found dead in Ghana following a ransom demand his family was unable to meet.

Senegal’s Ministry of African Integration and Foreign Affairs confirmed the teenager’s death in a statement released on Saturday October 18, 2025, describing the incident as a “tragic loss” and expressing “deep compassion” for the grieving family.

According to officials, Toure — who trained at the Esprit …

Niger Fuel Tanker Explosion: At Least 30 Killed, Over 40 Injured

Niger Fuel Tanker Explosion: At Least 30 Killed, Over 40 Injured

A fuel tanker explosion in Niger State’s Katcha district killed at least 30 people and injured more than 40 as residents tried to scoop spilled petrol.

At least 30 people were killed and more than 40 others injured on Tuesday October 21, 2025, after a fuel tanker exploded in central Nigeria’s Niger State, authorities and local witnesses said.

The incident occurred in the early hours along the Bida–Agaie highway, near Essan and Badeggi communities in Katcha Local Government Area. Eyewitnesses told reporters that residents had gathered to scoop petrol from an overturned tanker when it suddenly exploded, engulfing dozens in …