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Meet Nigeria’s Nationalist, Obafemi Awolowo

Rufus Okoro Chief Obafemi Awolowo (1909 – 1987) was a Nigerian nationalist, lawyer, statesman, and one of the country’s most influential political leaders. Born Obafemi Jeremiah Oyeniyi Awolowo on March 6, 1909, in Ikenné, present-day Ogun State, Nigeria. He studied law at the University of London and qualified as a barrister. Awolowo founded the Action Group (AG) political party in 1951. He served as the Premier of the Western Region from 1954 to 1960, later emerged the Leader of the Opposition in Nigeria’s federal parliament. ALSO READ >>> Meet Nigeria’s First President, Nnamdi Azikiwe He served as the Vice-Chairman of the Federal Executive Council and Minister of Finance, during the Nigerian Civil War, 1967–1971. Awolowo introduced free primary education and free healthcare for children in the Western Region, which became a model in Nigeria. He advocated federalism as the best system for Nigeria’s diverse ethnic groups. He was widely know...

Canal+ acquires MultiChoice for $3bn

Frank Musa
The French media giant, Canal+ has reportedly acquired MultiChoice Group in a $3 billion deal.

The acquisition gives Canal+ full control of MultiChoice, the parent company of pay-TV services, DStv and GOtv.

Canal+ Chief Executive Officer (CEO), Maxime Saada confirmed the acquisition via a statement issued on July 23, 2025.

However, the transaction is expected to close by October 8, 2025, pending final approval from the Independent Communications Authority of South Africa.

The total acquisition received the green light from South Africa’s Competition Tribunal on Wednesday after a long-anticipated takeover.

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The deal, valued at approximately 55 billion rand, was confirmed following months of regulatory scrutiny and negotiations.<,p> Canal+, which already held a 45.2% stake in MultiChoice, moved to acquire the remaining shares after investing €1.2 billion ($1.3 billion) since 2020.

“The approval by South Africa’s Competition Tribunal marks the final stage in the South African competition process and clears the way for us to conclude the transaction in line with our previously communicated timeline." Saada stated.

“This acquisition represents a significant step in expanding our presence across Africa, particularly in English-speaking markets.” the CEO said.

The MultiChoice Chairman, Elias Masilela also described the deal as a vote of confidence in the company’s growth strategy.

Masilela said: “The offer from Canal+ endorses MultiChoice’s 40-year track record and our compelling continental growth strategy.

“It is gratifying to note that foreign investors share our view that South Africa and Africa remain attractive growth markets.”