Connect with us

News

Gov Mutfwang visits Plateau communities attacked by bandits, vows to end killings

info

Published

on

Caleb Mutfwang 5.jpg

Governor Caleb Mutfwang of Plateau, on Monday, visited communities attacked by gunmen in Barkin Ladi Local Government Area of the state.

Mr Mutfwang toured affected settlements alongside Bernard Doro, Minister of Humanitarian Affairs and Poverty Reduction.

The visit followed recent attacks on Nding and neighbouring communities, where gunmen killed residents, injured others, and destroyed property worth millions.

The governor met grieving families and community members, offering condolences and assurances of stronger security intervention.

He later joined traditional rulers, religious leaders, and other stakeholders at a town hall meeting in Barkin Ladi.

Mr Mutfwang said his administration remained determined to restore peace across every troubled community in Plateau.

He said, “Let me convey my sincere condolences to the good people of Barkin Ladi.

“Particularly, I mourn with families who have lost loved ones during these painful attacks.”

The governor admitted that recurring violence in recent weeks had deeply unsettled both residents and the government.

He said, “The security challenges in our communities, extending even to Barkin Ladi town, have left us greatly worried.

“As your leader, I have come to assure you clearly that we are prepared to protect this state.”

Mr Mutfwang said government intelligence confirmed the presence of terrorists in some communities around Barkin Ladi.

He assured residents that security forces would soon flush out criminal elements from their hideouts.

The governor praised President Bola Tinubu for supporting ongoing efforts to end violence in Plateau.

He said, “Those who have chosen to disturb the peace of our land will find no peace. Our capacity to confront these terrorists is not in doubt.

“I assure you the President wants every terrorist removed from our territory and remains committed.”

Mr Mutfwang warned political actors against exploiting the state’s security crisis for partisan interests.

He urged security agencies to intensify operations and ensure criminals were decisively confronted.

The governor called on community and religious leaders to unite across ethnic and faith lines.

He said collective unity remained essential in confronting criminal networks threatening peaceful coexistence.

Mr Mutfwang also urged youths to reject cattle rustling and other criminal activities.

He encouraged them to channel their strength toward protecting their communities from external attackers.

The governor warned against night grazing, underage grazing, and illegal night mining.

He stressed that his administration would not tolerate activities capable of worsening insecurity.

Mr Mutfwang appealed to residents to remain law-abiding and avoid reprisal attacks.

He said peaceful cooperation with authorities would strengthen efforts to restore lasting stability. 

(NAN)

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Regency Alliance Insurance Plc, Regency Alliance, private placement, capital raise, recapitalisation, NAICOM, National Insurance Commission, Nigerian insurance industry, insurance recapitalisation, capital base, strategic investors, underwriting capacity, solvency margin, corporate governance, Nigeria Exchange Limited, NGX, Lagos, insurance sector, financial services, business expansion, product innovation, digital transformation

info

Published

on

By

De081422 972b 40c2 83ba 75fc329eab97.jpeg

Regency Alliance Insurance Signs Private Placement Agreement to Strengthen Capital Base

Regency Alliance Insurance Plc has signed a Private Placement Agreement as part of its recapitalisation programme aimed at strengthening its capital base and meeting the minimum paid-up share capital requirement set by the National Insurance Commission (NAICOM).

The company disclosed that the agreement, signed on July 10, 2026, marks a significant milestone in its multi-phase capital raising programme approved by its Board of Directors.

The signing ceremony, held at the company’s headquarters in Lagos, was attended by members of the Board, management team, issuing houses, legal advisers, stockbrokers and other stakeholders.

Under the arrangement, Regency Alliance plans to raise capital through a private placement of 7.37 billion ordinary shares targeted at strategic investors.

According to the company, the capital injection will strengthen its solvency margin, enhance underwriting capacity, support business expansion and finance investments in technology, product innovation and customer experience.

Regency Alliance noted that the transaction also reflects the confidence of strategic investors in the company’s corporate governance, financial outlook and long-term growth strategy.

The insurer said the additional capital would position it to pursue new business opportunities, improve operational resilience, deepen market penetration and deliver sustainable value to shareholders, policyholders and other stakeholders.

The Board added that it remains committed to completing the capital raising exercise in an orderly and transparent manner while maintaining high standards of corporate governance and regulatory compliance.

The post Regency Alliance Insurance Plc, Regency Alliance, private placement, capital raise, recapitalisation, NAICOM, National Insurance Commission, Nigerian insurance industry, insurance recapitalisation, capital base, strategic investors, underwriting capacity, solvency margin, corporate governance, Nigeria Exchange Limited, NGX, Lagos, insurance sector, financial services, business expansion, product innovation, digital transformation appeared first on Business Today NG.

Continue Reading

News

Already rich, already successful, why the last wave of tech winners is grinding again

info

Published

on

By

53679979052 da1066fe91 o.jpg

A pattern is emerging among people who’ve already made it big. They’re rolling up their sleeves again, seemingly out of fear of missing AI’s defining moment and, presumably, the irresistible allure of making even more money — potentially a lot more.

Tom Blomfield, who co-founded GoCardless and Monzo before spending 4.5 years mentoring founders as a Y Combinator Group Partner, announced on Monday that he is taking a leave of absence to join Anthropic’s compute team — not as an executive, but as a member of technical staff.

He’s not alone in making that kind of move. Instagram co-founder Mike Krieger joined Anthropic as Chief Product Officer in 2024, and Andrej Karpathy, a founding member of OpenAI who went on to lead AI at Tesla and start his own company, Eureka Labs, joined Anthropic’s pre-training team in May, framing the decision almost identically to Blomfield’s, writing that “the next few years at the frontier of LLMs will be especially formative.”

Not everyone is joining someone else’s lab. Chamath Palihapitiya, the “SPAC King” who has mostly stuck to boardrooms and all things “All In” since leaving Facebook in 2011, just took his first full-time operating role in over a decade as CEO of 8090 Labs, his enterprise AI coding startup, which he announced a couple of weeks ago along with a $135 million Series A led by Salesforce Ventures. Wrote Palihapitiya on X, “I am convinced that what we are building now is even more important, so there was no decision to make except to be all in.”

Similarly, Eric Wu, who ran Opendoor for a decade before stepping back in 2023, recently launched NavigateAI, an AI “copilot” for construction workers, with $25 million in seed funding. Wu told me directly on a recent call about his decision to dive into an AI startup, “I knew if I looked back in 10 years and didn’t do something related to it, I would probably regret that.”

The clearest sign of how keen people who’ve already “made it” are to work on what they view as the still-early-innings of AI might be the job title itself. “Member of technical staff” is the deliberately flat, non-hierarchical label that Anthropic and OpenAI use for nearly everyone on their technical teams, regardless of seniority. It’s the same title Blomfield is taking.

It’s also the title that Peter Bailis took this March, just months after becoming Workday’s CTO, a role overseeing AI strategy across an $8 billion-revenue business. Bailis lasted less than a year before trading it for a spot at Anthropic.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Continue Reading

Trending