Author: News Room

CardinalStone Asset Management Limited has closed Series 1 of the CardinalStone Infrastructure Debt Fund, securing N12.63bn in investor commitments. According to a statement from the firm on Wednesday, the successful close of the funding round marked an important milestone in CardinalStone’s broader infrastructure ambitions. The firm expects to continue capital raising under the Debt Sub-fund while advancing plans for the Equity Sub-fund under the CardinalStone Umbrella Infrastructure Fund. The PUNCH reports that the CardinalStone Infrastructure Debt Fund is the maiden sub-fund under the N500bn CardinalStone Umbrella Infrastructure Fund, Nigeria’s first umbrella infrastructure fund structure, designed to offer investors flexibility to…

Former Nigeria Football Federation president Amaju Pinnick has revealed how the country narrowly missed out on signing Arsenal midfielder Eberechi Eze and Aston Villa striker Tammy Abraham for the Super Eagles, PUNCH Sports Extra reports. Pinnick, who served as NFF president between October 2014 and October 2022, oversaw the successful recruitment of several foreign-born talents, including Alex Iwobi, Ola Aina, Ademola Lookman and Calvin Bassey. However, players like Jamal Musiala, Karim Adeyemi, Abraham and Eze slipped through Nigeria’s fingers during his tenure. An 18-year-old Eze, who was at Queens Park Rangers at the time, was seen taking pictures in a…

After a federal judge ruled that Meta was not an illegal monopolist in a blow against the Federal Trade Commission, the agency issued what was in part a typical statement of disappointment. Another part of the statement was anything but: a political attack on the judge himself.“The deck was always stacked against us with Judge [James] Boasberg, who is currently facing articles of impeachment,” FTC spokesperson Joe Simonson said in a statement after Boasberg released his decision in November. Simonson appeared to reference articles filed by a Republican lawmaker after Boasberg issued rulings that were unfavorable to GOP lawmakers and…

Multiliquid and Metalayer Ventures have launched an institutional liquidity facility to provide instant redemptions for tokenized real-world assets (RWAs) on Solana.The facility allows holders of tokenized assets to convert positions into stablecoins instantly. The vehicle is raised and managed by Metalayer Ventures, with infrastructure and market support provided by Uniform Labs, the developer behind the Multiliquid protocol, according to an announcement shared with Cointelegraph.“Traditional finance has repo markets, prime brokerage and overnight lending facilities. Tokenized markets have had nothing comparable, until now,” said Will Beeson, founder and CEO at Uniform Labs. “This is the liquidity infrastructure that institutional RWA markets…

Billie Eilish’s brother, Finneas, is coming to her defense amid criticism over her anti-ICE speech at the 2026 Grammys. “Seeing a lot of very powerful old white men outraged about what my 24 year old sister said during her acceptance speech. We can literally see your names in the Epstein files,” Finneas, 28, wrote via Threads on Wednesday, February 4. Eilish, 24, was among the stars who made impassioned speeches about U.S. Immigration and Customs Enforcement at the Grammys on Sunday, February 1, as she accepted the Song of the Year prize for “Wildflower.” Finneas, the song’s cowriter and producer,…

The Christian worshippers abducted in Kurmin Wali village, Kajuru Local Government Area of Kaduna State, have regained their freedom, PREMIUM TIMES has learnt. Sources confirmed on Thursday that the victims, who were kidnapped on 18 January, were released last midnight and driven to the Kaduna State Government House. They arrived there at about 2:30 p.m. and were received by waiting government officials. According to a Daily Trust report, the village head of Kurmin Wali, Ishaku Dan’azumi, confirmed the release of the worshippers. Freed Kurmin Wali worshippers arrived at Kaduna government House According to the report, Mr Dan’azumi thanked the state…

The Kwankwasiyya Movement has strongly dismissed reports suggesting that the leader of the group and NNPP 2023 presidential candidate, Senator Rabiu Musa Kwankwaso, had been flown out of the country for health reasons. “Sen. Rabiu Musa Kwankwaso departs Nigeria for a personal reason and not on any related health reasons as been reported,” the movement stated. Denying the reports, the Kwankwasiyya Movement spokesperson, Capt. Mansur Kurugu, insisted that the travels of his principal have nothing to do with health. According to him, Kwankwaso’s journey abroad is not for medical tourism or any health-related purpose. Some prominent politicians in Kano have…

The Oyo State chapter of All Progressives Congress, APC, has accused Governor Seyi Makinde of squandering the sum of N2.9 billion for the 50 years anniversary of the state. The APC made the allegation in a statement signed by its Publicity Secretary, Wasiu Olawale Sadare. DAILY POST reports that the government led by Makinde recently celebrated the 50 anniversary of state. But the APC is saying the governor squandered N2.9 billion on the celebration. The party noted that N90 million was deducted from the federal allocation of each of the 33 local government councils to fund the anniversary celebration. Parts…

The Police in Ogun State says it has arrested two additional suspects in connection with an ongoing investigation into a case of violent attacks and hijacking of a cement trailer along the Papalanto–Ilaro and Owode–Idiroko axis of the state. The suspects are 24-year-old John Seun, popularly known as ‘Dagrin’, and 35-year-old Olanipekun Ezekiel also known as ‘Sharply’. Recall that the command in January, arrested eight suspected members of the armed robbery syndicate and in the process recovered a locally made single-barrel pistol. Police investigations revealed that the suspects participated in a gang operation during which a trailer conveying 900 bags…

Nigerian goalkeeper, Stanley Nwabali has spoken after he parted ways with Chippa United on Thursday after turning in a transfer request. In a message shared on his X account, the 29-year-old expressed gratitude to his teammates, coaches, fans, and the club’s chairman. He wrote, “It was more than a family. To my lovely teammates, dear coaches, amazing fans and great chairman. “As I stand here to say farewell, a part of me will always remain with this club. I wish you success and happiness in the seasons ahead. Thank you and farewell. Until we meet again.” It is yet to…