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NBC Reiterates Commitment to Youth Empowerment in Nigeria

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Nigerian Bottling Company (NBC) Ltd. reaffirmed its unwavering commitment to youth empowerment in Nigeria with the successful completion of its two-day #YouthEmpowered program, designed to equip young Nigerians with entrepreneurship and employability skills in Abuja.

The training which took place at Cyprian Ekwensi Centre for Arts and Culture in Abuja from March 20th to March 21st, 2024, featured an array of engaging sessions such as Career Planning & LinkedIn Profile Mastery, Use of Artificial Intelligence and Other Digital Tools, Financial Literacy and more.

Building on the success of previous editions at the University of Lagos, Yaba College of Technology, and Lagos State University, #YouthEmpowered continues to make tangible contributions to communities across the country including a recent engagement at Oniru, Victoria Island.

Now in its 6th year, #YouthEmpowered aligns seamlessly with Coca-Cola Hellenic Bottling Company’s Mission 2025 sustainability commitment to train 1 million youths by the year 2025. The Abuja event witnessed participation from over 1,000 enthusiastic learners eager to acquire new skills, contributing to a cumulative reach of over 40,000 youths since the inception of the program.

Olukemi Ogunsakin, Corporate Affairs and Sustainability Lead, Nigerian Bottling Company commented: “We recognize the immense potential young people hold as catalysts for societal progress and economic growth.

“Through #YouthEmpowered, we are committed to equipping young Nigerians with highly in-demand professional and entrepreneurial skills that will enable them to contribute meaningfully to the progress of our society.”

Emphasizing the pivotal role of youth for positive change and progress, she said, “Already, the initiative is proving to be a driving force for positive change, nurturing the next generation of young, skilled, and impactful leaders poised to drive socioeconomic development in the country. Our goal is to extend our reach further, to touch the lives of other young Nigerians across the country.”

Tayo Olosunde, CO-Founder and Executive Director, Mind the Gap commented: “We are excited to team up with the Nigerian Bottling Company to unleash the potential of youths in our nation’s capital. Through dynamic initiatives like #YouthEmpowered, we’re not just dreaming of a better Nigeria – we’re actively crafting it.

“I am positive that as we continue to invest in nurturing their young minds, we are ultimately paving the way for a future where innovation, growth, and prosperity thrive. And by doing that, we would be building the Nigeria of our dreams.”

Speaking on the Federal Capital Territory Administration (FCTA) support for #YouthEmpowered, Ibrahim Aminu Masari, the Mandate secretary, Social Development, disclosed that the FCTA was happy to have NBC bring its #YouthEmpowered program to the Federal Capital Territory because such initiatives are in line with this administration’s agenda on youth development and integral to President Bola Tinubu’s economic growth imperatives.

In addition to the immersive training sessions, participants also took part in a business idea pitch session, where cash grants were awarded to several deserving winners.

On both days, the training sessions were facilitated by experts and thought leaders across various industries in the country, including Lukman Oyewole Lawal, the S.A to the Speaker, House of Representatives on Finance; Dr. Terese Shadrach Akpem, a business mentor; Esohe Ekunwe, a digital strategist; mental health advocate, Lucy Abeng, and several other volunteers from NBC.

#YouthEmpowered is part of the Coca-Cola Hellenic Bottling Company’s broader mission to empower individuals aged 16-35 with skills needed for meaningful employment, and self-sufficiency. Since its launch in 2017 in Nigeria, the program has reached over 41,734 youths across 10 cities, and 9 campuses. By imparting entrepreneurship and career employability skills, #YouthEmpowered continues to drive transformative change, touching lives and contributing significantly to Nigeria’s economic landscape.


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EFCC Arik Case: Witness Testifies on Receiver Manager Nominee’s Role in NG Eagle Shareholding

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The 4th prosecution witness in the ongoing trial of former AMCON Managing Director, Ahmed Kuru, on Monday continued to give the Special Offences Court in Ikeja, Lagos, ‘fresh insight’ into how the structure and equity of NG Eagle Airlines was set up.
EFCC Arik Case: Witness Testifies on Receiver Manager Nominee’s Role in NG Eagle Shareholding

EFCC Arik

In his testimony, Kaltungo testified that this arrangement entails the Receiver Manager’s nominee having a shareholding arrangement of NG Eagle of “one unit within a billion-share structure,” as part of the findings that emerged during the Economic and Financial Crimes Commission’s investigation.
The development surfaced as EFCC Investigative Officer, Bawa Usman Kaltungo, continued his examination-in-chief led by prosecution counsel, Dr. Wahab Shittu, SAN. Kaltungo told the court that the financial trail uncovered by investigators showed how funds allegedly belonging to Arik Air Limited were unaccounted for while NG Eagle was being established.
Kaltungo also, in the course of his testimony, sought to mislead the Court to believe that the 1st Defendant sold NG Eagle shares solely and unilaterally as a Receiver holding majority shares in NG Eagle, when in fact he is just a nominee with a single unit of share, as AMCON, the corporation that appointed him, holds majority shares in NG Eagle.
Even though his testimonies were made with the support of a few documents admitted in evidence, Kaltungo still was not able to establish a nexus of any act of omission on the part of the accused persons to establish fraud or crime in the management of Arik’s loan.
Kuru is standing trial alongside Kamilu Alaba Omokide, Captain Roy Ilegbodu, Union Bank Plc, and Super Bravo Limited before Justice Mojisola Dada. According to the witness, the statement of Arik’s former Chief Financial Officer, Mr. Jonathan Sani, detailed how the defendants allegedly moved N4.5 billion from Arik to fund NG Eagle, an airline he said was controlled by the defendants. He further testified that Omokide and Ilegbodu allegedly worked with Kuru to funnel a total of N4.9 billion from Arik’s coffers to manage and fund operations of the new airline.
Kaltungo added that beyond the cash transfers, Arik staff were also moved to NG Eagle even though the new airline was set up while Kuru was still AMCON MD, and Omokide served as AMCON’s Receiver Manager. He said salary payments and operational expenses for the newly formed NG Eagle were borne by Arik Air Limited.
During proceedings, the court admitted a CTC of an ex parte order, which the prosecution termed as the only document authorizing the appointment of the RM over Arik and marked the same as P17, along with other exhibits—P18, P25, P26, P44, and P45—including. photographs and videos in a flash drive containing footage of alleged vandalised aircraft were played in court, but the Prosecution again failed to establish a nexus as to whether those aircraft indeed belonged to Arik.
Meanwhile, counsel for the second and third defendants applied for the release of their clients’ passports for renewal and medical purposes. Justice Dada granted the requests on the condition that the documents be returned to the court registry no later than January 2, 2026.
The matter was thereafter adjourned to February 25 and 26, 2026, for continuation of the trial and Examination-in-Chief of PW4

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NIPR Postpones Maiden PRICE Awards to January 25, 2026

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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 Postpones Maiden PRICE Awards 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.


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

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

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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