Broadcasting
C-Suite Executives Declare One Vendor Approach to Cloud is Dead – IBM Study

According to the results of IBM’s new global study on cloud transformation that surveyed almost 7,200 C-suite executives across 28 industries in 47 countries – including more than 140 in Nigeria – there has been a drastic shift in business needs.

The study, conducted by IBM Institute for Business Value (IBV) in cooperation with Oxford Economics, revealed thatno respondents in Nigeria reported using a single private or public cloud in 2021, down from 38 percent in 2019 – establishing hybrid cloud as the dominant IT architecture.
The findings indicate that the cloud market has entered the hybrid, multicloud era and concerns around vendor lock-in, security, compliance and interoperability remain paramount.
The study also revealed that 59 percent of respondents noted the lack of interoperability among clouds was an obstacle to improving business performance in some or most parts of their cloud estate.
“Organisations across Nigeria have shown increased confidence in hybrid cloud models to deliver greater innovation while reducing costs, driving efficiency and ensuring security and compliance. This will drive the next wave of digital transformation for organisations here as they set out to deliver superior customer experiences,” says Dipo Faulkner, General Manager IBM West Africa.
The study found that a majority of respondents recognised that comprehensive to advanced cloud capabilities were required for the successful execution of digital initiatives – with 77 percent stating that this was crucial to building ecosystem platforms and 86 percent revealing this was required to improve customer experiences.
While the hybrid cloud approach has taken hold, respondents in Nigeria revealed that technology debt or legacy brownfields were the biggest obstacles to improving business performance – with 68 percent revealing that this was an obstacle in some or most parts of their cloud estate.
Cyber threats are at an all-time high 1
Infrastructure complexity is creating cracked doors that cybercriminals are exploiting. The study revealed the importance of data security, as 87 percent of respondents said data security being embedded throughout the cloud architecture is important or extremely important, in most cases, to successful digital initiatives.
Companies are denouncing vendor lock-in
According to the study, nearly 83 percent of respondents said workloads being completely portable with no vendor lock-in is important to the success of their digital initiatives. Only 50 percent of respondents reported battling with vendor lock-in, stating this is an obstacle to improving business performance in some or most parts of their cloud estate.
Public cloud adoption is evolving towards industry clouds
The study found that nearly 56 percent of respondents cited industry-related regulatory compliance as an obstacle to the business performance of their cloud estate.
The study revealed that enterprises need to assess how they use the cloud in terms of adoption, velocity, migration, speed, and cost savings opportunity. Other recommendations include:
- Focus on security and privacy – determine where your critical workloads reside and scrutinize who and what has access to them. Regularly test that security controls and privacy policies are being adhered to, but also that improperly configured assets and software vulnerabilities are being promptly addressed.
- Ask which workloads should move to the cloud – take inventory of the IT environment to successfully determine which workloads and applications will yield the most value in the cloud and which are better suited to stay on-premises.
- Make data work for you – analyze workloads using AI driven tools and best practices to determine where and how to put them in the right place for the right reason.
- Set a tactical approach – address the technology trade-offs, such as selecting the best approach to modernize specific applications and manage important issues like security, governance, and disaster recovery.
- Determine the right team – put a cross-disciplinary team of people to work rethinking how your enterprise creates value for its customers.
Broadcasting
EFCC Arik Case: Witness Testifies on Receiver Manager Nominee’s Role in NG Eagle Shareholding


EFCC Arik
Broadcasting
NIPR Postpones Maiden PRICE Awards to January 25, 2026

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.
Broadcasting
Netflix Seals $82.7bn Deal to Acquire Warner Bros., HBO Max

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.
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