Despite doubts about his ability to close deals, media tycoon Byron Allen, who is putting up $14 billion for Paramount Global, told CNBC on Wednesday that he has the capital to fund a transaction. "We have access to more than enough capital. Certainty of near is the true problem, according to Allen. "This deal lives or dies at the [Federal Communications Commission]," he stated.

Allen made a bid of $30 billion for all of Paramount's outstanding shares, including debt and stock. Allen is the founder and CEO of a media organization that controls many television networks across the United States. According to a statement from the Allen Media Group, the offer "is the best solution for all of the Paramount Global shareholders, and the bid should be taken seriously and pursued." Allen is no stranger to making proposals on significant media properties. However, bidding does not imply purchase.

His latest offers for a media takeover have not resulted in any sales. According to a Wall Street Journal story published on Wednesday, Allen made an unsuccessful $18.5 billion bid for Paramount last year. Allen said on CNBC that he has not heard back from Paramount on his most recent offer. In an attempt to either combine or sell the firm that houses brands like CBS, Showtime, Nickelodeon, and its eponymous movie studio, Shari Redstone, who owns Paramount through her company National Amusements, has been amenable to deal-making in recent months.

Last week, CNBC revealed that investors in David Ellison's Skydance Media were looking into a potential acquisition of Paramount Pictures or the whole media conglomerate. Additionally, CNBC revealed in December that Paramount and Warner Bros. Discovery had started initial discussions to combine the two massive media companies in a merger that may have run afoul of regulatory regulations. The most ambitious deal the media tycoon has attempted to close is Allen's offer for Paramount. Here are a few of his most recent efforts at deals: Allen relaunched his bid in December to pay a total of $3.5 billion to purchase VH1 and Black Entertainment Television, both owned by Paramount.

When former president Olusegun Obasanjo encouraged him to change the nation's constitution while in office, the former president of the Nigeria Bar Association (NBA) said that he nearly got hit. President Bola Tinubu's attorney before the presidential election tribunal was the Senior Advocate of Nigeria, who was born in Ekiti. Speaking at Olabisi Onabanjo University's 32nd and 33rd convocation lectures, Olanipekun referred to the 1999 constitution as "fake" and argued for a complete revision.

He recalled telling Obasanjo, when he was the president of the NBA in 2022, to start the process of changing the constitution, but the former President disregarded his counsel and nearly used violence. Olanipekun called for the country's reconstruction and underlined the necessity of a humanitarian constitution. "A humanitarian face for our constitution is necessary. I'm a lawyer, but we are fooling ourselves; our constitution is phony, as I have often stated. Nevertheless, attorneys will be asked, "If we claim the Constitution is phony, why are we adhering to it?"

"As president of the NBA, I led a delegation of the association to President Obasanjo in 2022. He almost boxed me, saying, 'I'm here in Ogun State and I'm saying this, he's still alive.' He said, 'No you can't change it.' Mr. President, let us seize this opportunity to do it. Lawyers and judges apply the law as it is, not the law as it ought to be. So we apply the law as it is now and we have been pleading that we should amend the constitution.

"We also make an appeal to our president, Bola Ahmed Tinubu, and the powers that be, stating that if we do not restructure this country now, our children who are abroad may never come back," Olanipekun stated.

Festus Keyamo, the Minister of Aviation and Aerospace Development, explained his decision to sanction the Federal Airports Authority of Nigeria's move of its headquarters from the Federal Capital Territory to Lagos State on Wednesday. Recently, Keyamo issued an order for the FAAN headquarters to be moved from Abuja to Lagos. FAAN's Managing Director, Olubunmi Kuku, gave the agency's Director of Human Resources and Administration instructions to consider the relocation order's ramifications in an internal document dated January 15, 2024. Kuku asked that the FAAN headquarters' activities be moved from Abuja to Lagos in a document headed "Relocation of FAAN Headquarters From Abuja to Lagos."

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He added that senior agency officials approached him and asked for the agency's headquarters to be moved after considering the logistical expense of FAAN employees traveling from Lagos to Abuja every day to sign paperwork or attend meetings. "After seeing the book, I realized that every day in a year, staff members traveling from Lagos to Abuja would spend over N450 million on plane tickets," the man stated.

The minister went on, "So, why do we decide this way? It's not as though I decided to do this when I woke up one day. With the data in hand, the new management came up to me and stated, "This is our problem." When I questioned them about the issue, they said that while some directors were present, the departments and support personnel working for those directors were located in Lagos and had nowhere to stay. It is implied that FAAN is a customer service organization and that staff members must meet, make decisions, and do other things regularly.

The staff of these departments, whose directors are in Abuja, will be seen traveling daily by plane from Lagos to Abuja and back to obtain a simple signature or have a document approved for a small meeting. This situation is made worse by the fact that FAAN has not yet been digitalized, which I observed when I was on the ground because they cannot exchange digital documents at this time. Thus, they travel back and forth every day. When they showed me the book, they had bought plane tickets for simple trips between Lagos and Abuja for over half a billion naira in a single year. I yelled at them after they spent over N450 million naira only on airline tickets.

The MD has an office here, but she would want four employees, each of whom would require a daily flight from Lagos to Abuja. "Let me just give a bit of background to this so that Nigerians would understand clearly," the minister stated, providing background information on what led up to the decision. My predecessor in government issued an order in 2020 directing the relocation of the headquarters from Lagos to Abuja. The headquarters have always been in Lagos.

However, I'm not sure why sufficient arrangements weren't made for all of the senior officials who were meant to relocate to Abuja at the time that direction was given; as a result, there were no offices to house the principal officers. The directors of the agencies and the department under those directors are referred to as the senior officers, and collectively they number around 132 people.

"I merely added one more directorate when we already had ten. Under the directorates, we currently have other major executives as well as general managers and deputy general managers. However, it should be understood that the headquarters in question does not necessarily refer to the location of the main operations. In any arrangement, headquarters refers to the location of the decision-makers—it does not refer to the largest structure. Not where the majority of workers are located.

Aiyedatiwa promises that we will finish Akeredolu's unfinished projects. In a similar vein, Aiyedatiwa declared that his government would redesign the state's road system, beginning in Akure, the state capital.

                                                                                  Lucky Aiyedatiwa

Aiyedatiwa promises that we will finish Akeredolu's unfinished projects. In a similar vein, Aiyedatiwa declared that his government would redesign the state's road system, beginning in Akure, the state capital. By Dayo Johnson, Akure Ondo state governor, Hon. Lucky Aiyedatiwa, has promised to prioritize the completion of unfinished projects by the late governor, Rotimi Akeredolu.

In a similar vein, Aiyedatiwa declared that his government would redesign the state's road system, beginning in Akure, the state capital. During his inspection of two ongoing road projects in Akure, the flyover at Onyearugbulem/Irese road and the dualization of Oda road, he made this statement. Recall that a few weeks prior, the governor had given contractors in charge of state-wide road construction orders to promptly return to the sites and make sure the projects are completed on schedule. Speaking at the Oda Road Dualization inspection site, Aiyedatiwa emphasized his dedication to carrying out the agenda of the late former Governor Oluwarotimi Akeredolu by giving unfinished projects a top priority.

He underlined how crucial it is to complete the Oda road before the start of the rainy season and assured the contractor of the government's cooperation to make sure the project is finished on schedule. The administration's commitment to improving infrastructure for the benefit of all residents was reaffirmed by the governor. Governor Aiyedatiwa reaffirmed the administration's commitment to reducing traffic jams and enhancing road connectivity with the project at the flyover location.

In addition to praising the contractors and the community's commitment to the project's early delivery, he commended the late governor's effort with the project and guaranteed its quick completion. The project has gained speed, according to Engr. Allen Idowu, Permanent Secretary of the Ministry of Infrastructure, with contractors starting work again after the governor's encouragement. Idowu said that notable progress has been achieved, crediting the faster pace to well-coordinated mobilization activities.

Bernard Arnault, the French patriarch of luxury goods company LVMH, has surpassed Elon Musk as the richest man in the world. This is due to the latter's impressive January gain of $200 billion in market value from Tesla. The decline is indicative of the EV manufacturer's string of misfortunes throughout the month which witnessed a 26% decline in the price of its shares. Consequently, Musk's net worth has decreased from a height of $320 billion in November 2021 to an estimated $205 billion by Forbes.

Initially, In the fourth quarter, China's BYD overthrew Tesla as the top EV maker. Subsequent official statistics indicated that Tesla was facing systemic issues in the biggest auto market in Europe, and the U.S.'s bitter cold created a flurry of uncertainty about the overall dependability of electric vehicles (EVs) outside of California's mild climate. The Wall Street Journal also reported allegations that Elon Musk was misusing a variety of drugs and that Tesla's board was aware of this.

After relying on his other directors for a compensation package that might quadruple his ownership to 25%—lest he pursue his aspirations for robots and AI elsewhere—the Tesla CEO further exacerbated the company's issues. Last but not least, Tesla's Q4 statements last week descended into a stock market meltdown after it declined to clarify a vague warning that car sales will increase at a “notably lower” rate than in 2023, the year it slashed prices and sacrificed profits to boost demand.

In 2023, sales reached a record $97 billion, up 5% from the previous year, while free cash flow and profitability fell everywhere. Beyond the huge $5.9 billion accounting gain made in the fourth quarter, investors are now examining the annual 10-K file released on Monday in search of any further warning signs.

The only thing that saved Tesla was Musk's suggestion that an affordable entry-level model, priced at $25,000, would be released in the second half of 2019. This is although investors have not even seen an official design depiction as of yet. Musk's future currently largely depends on one decision: should Tesla be valued at a multiple far lower than that of a cyclical products manufacturer, as the CEO maintains it should be, or should it be priced more like an AI firm, in which case 2024's weak growth is only an anomaly?

 In contrast, the French luxury goods conglomerate LVMH is soaring in Q4 revenues which defied the industry's general trend. CEO Bernard Arnault's net worth has increased to $208 billion, as reported by Forbes, following Friday's 12% increase in share price. Musk and Arnault may still readily be reached by hand.

                                                                                                             Bernard Arnault,

However, his fortune might decline significantly if investors conclude Tesla is not a tech firm at all and is instead only an automaker that briefly benefited from a first-mover advantage. Leading the way in the Chinese EV market, BYD provides a warning in that regard. Musk believes the carmaker could destroy the competition globally, but its valuation is only $70 billion. That's a lot less than the 13% that Musk owns in Tesla, so should his automaker be related, there might be a lot more damage.

Victor Osimhen of the Super Eagles was praised by former Ghana international Asamoah Gyan for playing with "passion" during Nigeria's 2023 Africa Cup of Nations, AFCON, Round of 16 match against Cameroon on Saturday night. Remember how Osimhen was blazing during Nigeria's 2-0 AFCON victory against Cameroon?

During the match, the Napoli forward assisted Ademola Lookman in scoring two goals to give Jose Peseiro's team the victory over the Indomitable Lions. Gyan, whose nation, Ghana, was ousted from the AFCON in the group round, responded to the match by writing on his X account, "Osimhen plays with passion." "Every nation wants its players to do that." Now, Osimhen will try to lead Nigeria to victory on Friday when they play Angola in the AFCON quarterfinal.

Head coach of Cameroon, Rigobert Song, is certain his squad can improve after losing to Nigeria in the Africa Cup of Nations round of 16. Rigobert Song: "We Played into Nigeria's Hands" Following a 2-0 loss to Nigeria, the five-time winners were eliminated from the Cote d'Ivoire competition.

                                                                                         Super Eagles

Nigeria scored two goals in the hotly contested match on Saturday at the Felix Houphouët-Boigny Stadium in Abidjan thanks to many defensive errors committed by Song's team. "There are players who are discovering," the Cameroon coach stated in his post-match statement, "We had the youngest team." "It's all part of the game; we allowed the opposition to cause us problems."

As a football player, Song won the competition twice, but he refused to hold his players accountable for the loss. "As I've stated previously, we are rebuilding. We will learn from our errors and continue to improve. The AFCON is a tournament that is played on all levels: technical, tactical, and notably cerebral. Football is similar to that. My child is still learning a lot and is still exploring the world.

Yemi Alade, a Nigerian musician, performed on Saturday at the Africa Cup of Nations, or AFCON, 2023 opening ceremony in Ivory Coast.

Stade Olympique Alessane Ouattara in Abidjan hosted the AFCON tournament's opening ceremony. The singer collaborated with Magic System and Egyptian rapper Mohamed Ramadan to perform "AKWAABA," the official AFCON 2023 song.

Drogba led the Blues to four Premier League crowns, four FA Cups, the Champions League, and three League Cups during his trophy-filled tenure at Stamford Bridge. However, the Ivorian has admitted that he was first hesitant to join the group.

Famously, Jose Mourinho convinced billionaire Roman Abramovich to buy Drogba from Marseille in 2005 by choosing him over Ronaldinho. Drogba didn't want to leave the Ligue 1 team since he was content there. But after receiving a £24 million offer, he had to travel to West London for a medical examination. "I felt repulsed. I realized that joining Chelsea was repulsive. It is difficult to describe. It's difficult to comprehend because most people only consider the financial or even athletic aspects of it. But my happiness was lacking. "I couldn't give a damn" (that Marseille had accepted a proposal), I told myself. Perhaps Chelsea fans would find it shocking, but I didn't want to go.

To avoid going to Chelsea, I even went so far as to do some ridiculous things, like during the medical. In a 2007 documentary titled "The Incredible Destiny of Didier Drogba," he stated, "I was praying they would find a problem with my knee or a problem with anything so the move would collapse."

Another tale of a female fatale just playing out with the 'brash' Man City football club defender, Kyle Walker getting caught in the web of Lauryn. The question to ask over this affair is did Lauryn play the seductress? . Here is an unwary attractive young football hero unlucky to catch the attention of the super subtle woman although there is a catch, he is married. Why didn't Lauryn inform Anne when this whole episode was going to start?

Why did she wait until the point of no return? She could have warned Anne I think your husband wants to sleep with me at the beginning of it all? Then she would have been a great friend. But she didn't do that instead out of loyalty Annie had to know through this same Lauryn who it appears cannot pass the opportunity to put a dagger into the heart of a happy family and what now looks as if it was a setup all the while because Walker, who doesn't seem to know either the time to run or the time to walk away, now claims there had never been a relationship with Lauryn. We know about one-night stands but what do you call this?