Author: News Room

Kraken-backed KRAKacquisition Corp has completed an upsized $345 million initial public offering, listing its special purpose acquisition company units on Nasdaq to pursue future mergers or acquisitions.According to a Friday announcement, the special purpose acquisition company (SPAC) sold 34.5 million units at $10 each, including the full exercise of the underwriter’s over-allotment option. Each unit consists of one Class A ordinary share and one-quarter of a redeemable warrant exercisable at $11.50 per share.The units began trading on the Nasdaq Global Market under the ticker symbol KRAQU on Wednesday.KRAKacquisition was formed as a SPAC, also known as a blank-check company, which…

Macaulay Culkin’s bond with late Home Alone costar Catherine O’Hara endured for more than 30 years prior to her death at age 71 in January 2026. “Mama. I thought we had time,” Culkin wrote via Instagram when news of her death broke on January 30, 2026. A spokesperson for the actress confirmed to Us Weekly that she’d died following a “brief illness” but an exact cause of death remains unclear. Per a Los Angeles Fire Department spokesperson, paramedics transported O’Hara to a local hospital in “serious condition” after receiving a medical aid call to her Brentwood home. O’Hara leaves behind…

Tragedy struck on Friday as an 18-seater bus carrying passengers to the Bayelsa deputy Governor’s burial was involved in a crash along the Toru-Orua axis of the Sagbama/Ekeremor Road. News of the accident filtered in soon after it occurred, with claims of casualties. Seiyefs Brisibe, the Bayelsa Commissioner for Health, who confirmed the crash to the News Agency of Nigeria (NAN), said two of the victims died on the spot. He dismissed rumours that more than 10 people died in the incident. “Our State Ambulance Services promptly responded and evacuated the victims to hospitals. “Seven were taken to Sagbama General…

High Chief Ambassador Sobomabo Jackrich, widely known as Egberipapa, a leading Niger Delta freedom fighter and political activist, welcomed Musiliu Ayinde Akinsanya, popularly called MC Oluomo, National President of the National Union of Road Transport Workers (NURTW), and other top national leaders of the union to his residence in Usokun community, Degema Local Government Area, last night. The high-level courtesy visit was aimed at deepening cooperation among influential stakeholders across the country and reinforcing grassroots momentum in support of President Bola Ahmed Tinubu’s re-election bid and that of Rivers State Governor Sir Siminalayi Fubara. Addressing the gathering, Egberipapa declared unwavering…

The Chairman of Rivers State Elders Council, Ferdinand Alabraba, has assured that the council will work with the Minister of the Federal Capital Territory, FCT, Nyesom Wike to ensure that President Bola Tinubu is reelected in 2027. Alabraba said the Rivers Elders Council with work with the rainbow coalition in the state for Tinubu’s reelection. The 86-year-old spoke at the inauguration of Senatorial and LGA Coordinators of the Rivers State Renewed Hope Ambassadors in Port Harcourt, on Friday. He said: “Your Excellency, as far back as 2023, you guided us to identify with the family and at that time we…

Hull City manager, Sergej Jakirovic has revealed when injured Super Eagles defender Semi Ajayi will play again. Ajayi has been sidelined since the conclusion of the 2025 Africa Cup of Nations, AFCON, tournament in Morocco. He sustained a hamstring injury during the AFCON third-place playoff triumph against Egypt. Providing an update on Ajayi, Jakirovic suggested that the centre-back could return to action before the end of March. “We have taken Paddy because of Ajayi’s situation – we don’t know, maybe it will be the end of March[before] he will be with,” Jakirovic said, according to The Yorkshire Post. Ajayi’s absence…

Chief Executive Officer of Jirade Global Diadem Limited, Mojirade Bepo, shares her experience of starting a snacks manufacturing brand with BIODUN BUSARI, disclosing the inspiration and lessons attached to her decision What was your academic background like? I grew up in Abeokuta, Ogun State. I attended about four primary schools while growing up. Also, I went to two secondary schools. I started at Salawu Abiola Comprehensive High School, Abeokuta, and ended at Federal Girls College, Sagamu. After that, I proceeded to Federal Polytechnic, Ilaro. I stayed home for six years because I wanted to study accounting. I needed a credit…

An Osun State High Court, sitting in Osogbo on Friday, issued leave to the United Bank for Africa in Suit HOS/M4/2026 to quash the criminal proceedings being held at a Magistrate Court in the state capital. The leave was granted in a motion ex-parte by Justice M. O. Agboola of the court, according to a statement shared with Saturday PUNCH. The statement said a Chief Magistrate, A. Adeyeba, who is a party in the suit, still issued a bench warrant against some officials of UBA, notwithstanding being aware of the leave granted earlier on the same day. Reacting to the…

The silence in your home used to be something you cherished. You and your spouse had a life of fine things, the best of what life had to offer. You were a couple defined by your autonomy, but after three years of staring at the hollow white space of negative pregnancy tests, that autonomy began to feel like a cage. When you finally walked into the fertility clinic in Lagos, seeking a miracle, you didn’t realise that miracles, when they come, don’t always arrive in a quiet, manageable stream. Sometimes, they arrive like a flood. After a flurry of tests…

Elizade JAC Autoland Limited says it has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through structured and flexible financing options of up to four years, as both organisations seek to ease long-standing barriers to vehicle ownership. According to a statement made available to The PUNCH on Friday, the partnership was unveiled at an event held at the Elizade JAC Autoland headquarters in Lagos recently. The automotive company said that, in response to rising demand for affordable mobility solutions, the collaboration is designed to address financing constraints that often prevent individuals…