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Family narrates abduction, release of UniJos student, Azi

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A University of Jos student, John Arum Azi, who spent about two weeks in captivity arrived Jos, the Plateau State capital, on Wednesday at about 10pm, after regaining his freedom.

The victim was abducted while travelling to Kaduna from Jos. A video of him being tortured by his captors generated reactions across the country and beyond.

His abductors later moved Azi from Kaduna to Zamfara, prompting rumours that he had been killed.

A short video on Tuesday circulated online showing that he had been released and was in the company of someone who appeared to be his relative.

His elder brother, Bulus, confirmed that he has been reunited with the family and has been admitted to the Jos University Teaching Hospital (JUTH) for treatment.

Bulus said Azi told the family upon arrival that he was not abducted on his way to Kaduna as widely reported, but in Zaria, where he had gone for a job.

According to him, “Azi had already arrived in Zaria and was on his way to meet his contact for the job he went for when he was kidnapped and taken into the bush.”

Bulus, while narrating how Azi was released, stated that their family had been in touch with the kidnappers since the victim was kidnapped, saying that they were always sendingmoney to them for recharge cards upon their request.

Sometimes, he explained that they would tell them that they are sick themselves and that they should send money for their drugs, stressing that they kept negotiating the ransom, which they had earlier agreed to be N6 million.

He noted that when the kidnappers saw the crowdfunding activities online, they increased the ransom to N15 million, pointing out that they appealed to them, and eventually settled at N10,315,000, and that was what they eventually paid the kidnappers.

Azi and another abductee, he explained were transported on motorcycles from Zamfara to Zaria, with an armed member of the abductors following behind upon payment of the ransom.

Upon arriving in Zaria, Bulus also explained the other abductee — a Muslim boy from Toro in Bauchi State — contacted a relative, who rushed them to a hospital where they were immediately given drips.

He explained that after the initial Zaria treatment, they then chartered a vehicle from Jos to Zaria to bring him back, saying that Azi arrived on Thursday night at about 10pm, and was rushed to JUTH for proper treatment.

He lamented that all Azi’s body has stripes from the flogging he received from the kidnappers.

Asked whether security agencies or government officials were in contact with them during the incident, he further explained that they reported the matter to the police when the video first surfaced, and that the DSS also contacted them at the initial stage.

However, after Azi was released, he said the police only reached out after seeing the video online and offered to assist in escorting them home, but arrived after the family had already picked him up and taken him to JUTH.

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Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million

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BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than 1.5 million shares in the insurance company in a deal valued at over ₦6.3 million.

The disclosure, signed by Jide Ibitayo, Company Secretary, filed with the Nigerian Exchange (NGX) and the investing public, showed that Ogunbiyi, a Non-Executive Director of the company, disposed of 1,507,309 ordinary shares of Mutual Benefits Assurance Plc between June 3 and June 9, 2026.

According to the notification, the shares were sold at prices ranging from ₦4.20 to ₦4.33 per share, placing the total value of the transaction at between ₦6.33 million and ₦6.53 million.

The transaction was reported as an initial notification of insider dealing in line with regulatory requirements that mandate directors and other insiders of listed companies to disclose transactions involving the securities of their companies.

Mutual Benefits Assurance identified the financial instrument involved in the transaction as its ordinary shares, traded on the Nigerian Exchange under the ticker symbol “MBENEFIT.”
Insider dealing notifications are a key component of market transparency and corporate governance, providing investors with information on share transactions undertaken by directors, executives, and other individuals with access to potentially price-sensitive information.

While insider transactions often attract investor attention, market analysts note that such dealings do not necessarily indicate changes in a company’s outlook, as they may be influenced by personal investment decisions, portfolio rebalancing, or other financial considerations.

The disclosed transaction took place in Lagos, Nigeria, and was executed over a seven-day period between June 3 and June 9, 2026.

Mutual Benefits Assurance Plc remains one of the companies listed on the Nigerian Exchange that regularly complies with insider dealing disclosure requirements, reinforcing transparency in the capital market.

The post Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million appeared first on Business Today NG.

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NASA picks Eric Schmidt’s rocket company for Mars mission, setting up a race with SpaceX

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Relativity Space—a rocket maker acquired by former Google executive chair Eric Schmidt last year after stumbling on the path to orbit—might just beat SpaceX to Mars.

On Tuesday, NASA said it hired the company to build a spacecraft to house a suite of scientific instruments, launch it into space, and fly it to Mars.

The structure of the contract is akin to the deals that NASA made with SpaceX to fly cargo to the International Space Station, or Firefly Aerospace to put a lander on the Moon. The government agency handles the science, while the private company provides low-cost infrastructure.

Aeolus, as the mission is dubbed, will contain four instruments to measure and image Mars from orbit, providing what NASA expects to be the first daily, global view of dust, winds, and temperature in its atmosphere. The agency said that data will make it safer for landers and, someday, astronauts, to visit the surface of the Red Planet.

“By pairing NASA’s world‑class instruments with commercial innovation and investment, we can deliver more science, more often, and reduce the time it takes to get essential data into the hands of researchers preparing for future human missions to Mars,” NASA administrator Jared Isaacman said in statement.

The mission is set to launch in 2028—a rapid pace that will require Relativity to design and build the spacecraft to carry the Aeolus instruments, and finish building the rocket that will carry it to space, all on a tight timeline. NASA did not disclose how much it is paying Relativity for the mission, and Relativity did not respond to questions from TechCrunch.

Isaacman, who has flown to space twice on private SpaceX missions, has championed public-private partnerships like this. Under this model, the company working with NASA takes on some of the development cost of the project, in exchange for allowing NASA to stretch its budget further—a structure that has become a template for how the agency funds ambitious missions without bearing all the financial risk itself.

But NASA is taking on risk as well: Relativity is unproven, and there’s no guarantee the mission will even make it off the ground. Past startup partners of NASA have gone bankrupt or seen Moon landers arrive askew. The potential payoff for the company is meant to extend beyond the NASA contract itself, including commercial applications, like launching satellites or delivering cargo to the Moon. Still, the further out into space these partnerships reach, the murkier the market becomes for commercial services.

Relativity was founded in 2015 by two former SpaceX and Blue Origin engineers, with the idea of using 3D printing to its maximum potential as a path to building a cheaper rocket. The company’s first design, Terran-1, launched in March 2023 and failed mid-flight. Relativity doubled down by moving on to a larger design, dubbed the Terran R.

Before Relativity could get it to the launch pad, the company ran into fundraising challenges, and Schmidt took a majority stake in the company in it last year, installing himself as CEO. He’s been tight-lipped about the investment but has expressed interest in orbital data centers, and is thought to be using Relativity to launch a space telescope, Lazuili, financed by his family philanthropy, Schmidt Sciences.

The former tech executive’s decision to take over a space company last year puzzled some observers because rocketry is a crowded and capital-intensive field. But pent up demand for new rockets—fueled by delays at Jeff Bezos’ Blue Origin—could still lead to a payoff for Schmidt if Terran R can actually make it to space.

And the new contract might give Schmidt a chance to put one over on Elon Musk, a regular sparring partner of his on the issue of AI safety. While Musk has long talked of his Martian ambitions, SpaceX has never actually sent its own mission to Mars (no, the Tesla he launched into space in 2018 missed).

If Relativity’s Aeolus launches on schedule, it could be the first private mission to reach the Red Planet.

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