Broadcasting
FG Approves N1.3Bn Contracts for Broadcasting Stations
Federal Government on Wednesday approved N1.3 billion contracts to strengthen and reposition its media outfits for effective information dissemination.
The media organisations to benefit from the projects include the News Agency of Nigeria, Nigeria Television Authority and Federal Radio Corporation of Nigeria.
Alhaji Lai Mohammed, minister of Information and Culture, disclosed this when he briefed State House Correspondents on the outcome of the meeting of the Federal Executive Council presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.
The minister announced the approval of the contracts for the procurement of cameras, television packs and other broadcast equipment at a cost of N283.8 million for the Nigeria Television Authority.
He also announced sum of N148.7 million for the procurement of 15 Peugeot vehicles for the News Agency of Nigeria.
He added that N873.5 million was approved for the procurement of twelve 10 kilowatts FM transmitters and three Outside Broadcast Vans for the Federal Radio Corporation of Nigeria.
He went further to give the breakdown of the FRCN contracts as N561million for the twelve 10 kilowatts transmitters, and N311 million for the three Outside Broadcast Vans.
The minister also explained that the upgrade of equipment at the NTA took place more than a decade ago.
“I also presented three memos today on behalf of three parastatals in my ministry, the NTA, the News Agency of Nigeria and Federal Radio Corporation of Nigeria.
“The memo by the NTA was for approval for the award of contract for the procurement of cameras, microphones and television pack for a total sum of N283, 813,990.75.
“It is significant to note that in the last 20 years, only twice have attempts been made to upgrade the equipment of the NTA.
“The first attempt was in 1999 during the FIFA Under-20 World Cup and the last was in 2009 when Nigeria hosted the FIFA Under-17 World Cup
“So also the News Agency of Nigeria also presented their memo. But, here largely they wanted vehicles to them move to gather and disseminate news.
“So, the contract for the procurement of 15 vehicles from Peugeot Nigeria Ltd was awarded to them for N148, 740,900,’’ he said.
Nigerian Institute of Public Relations (NIPR) has announced the postponement of its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026.
NIPR
The event, earlier scheduled for December 7, 2025, was deferred to accommodate stakeholders whose observance of Christmas festivities had commenced earlier than expected.
Chairman of the Organising Committee, Mr. Israel Opayemi, urged stakeholders to note the new date and prepare to participate in the ceremony.
He said the awards would motivate professionals, practitioners and scholars, while enhancing Nigeria’s global competitiveness in the public relations ecosystem and strengthening brand equity for all stakeholders.
Opayemi reaffirmed the Committee’s commitment to delivering a best-in-class award administration and ceremony, describing the PRICE Awards as a credible and enduring platform to identify, celebrate and elevate outstanding individuals, campaigns and organisations shaping the public relations landscape across sectors.
The development of the PRICE Awards peaked in September 2025 when the NIPR President and Chairman, Council, Dr. Ike Neliaku, inaugurated a 12-man committee to organise the maiden edition. The inauguration followed the Council’s adoption of the report of a technical team tasked with establishing the awards.
Netflix has announced a landmark agreement to acquire Warner Bros. and HBO Max in a transaction valued at $82.7 billion, a move analysts say will reshape the global entertainment industry.
Netflix
The deal, which includes Warner Bros.’ film and television studios, HBO, HBO Max, and Warner Bros. Games, was unanimously approved by the boards of both companies. Under the terms, Warner Bros. Discovery (WBD) shareholders will receive $23.25 in cash and $4.50 in Netflix shares for each WBD share.
Netflix co-CEO Ted Sarandos described the acquisition as “a defining moment” for the streaming giant, noting that the company intends to maintain Warner Bros.’ current operations while expanding its production capacity.
“By combining Warner Bros.’ incredible library of shows and movies with Netflix’s culture-defining titles, we can give audiences more of what they love and help define the next century of storytelling,” Sarandos said.
The transaction is expected to close within 12 to 18 months, following the planned spin-off of WBD’s TV networks division, Discovery Global, in 2026. Netflix projects annual cost savings of $2–3 billion by the third year after completion and expects the deal to be accretive to earnings per share by year two.
Industry groups, including the Directors Guild of America and Cinema United, have raised concerns about the impact on movie theaters, while regulators are expected to scrutinize the deal over antitrust issues. Netflix has pledged to continue supporting theatrical releases, with Warner Bros.’ cinema commitments running through 2029.
Warner Bros. Discovery CEO David Zaslav hailed the agreement, saying it “combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love.”
Observers note that the acquisition comes 15 years after former Time Warner chief Jeff Bewkes dismissed Netflix as “the Albanian army,” underscoring the dramatic shift in the entertainment landscape.
A major shake‑up rocks viewers and subscribers of DSTV/GOTV as many channels are set to shut down and be removed on January 1, 2026.
The trigger for the upcoming shut‑down is a breakdown in negotiations between the owners of multiple global channels and the pay‑TV operator.
As of December 2025, the deal between Warner Bros. Discovery (WBD) and DStv/GOtv has expired and the two parties have not reached a renewal agreement.
Without a new carriage/distribution agreement, the channels belonging to WBD risk being pulled off the DStv/GOtv line‑up.
This is the most significant content cutback the service has seen in years.
The affected channels are:
Discovery Channel
TLC
Cartoonito
Cartoon Network
CNN International
Food Network
The Travel Channel
TNT
Investigation Discovery
Real Time
HGTV
Discovery Family
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