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Gunmen kill six at Plateau mining site

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The rampaging gunmen in Plateau have killed another six people at a mining site in the Jos South local government area of the State.

The Nigerian Tribune learned the gunmen were on their way to attack some villages in the council area when they accosted a group of young men at a mining site in the Farin-Lamba community at about 9:45 pm on Monday

A source close to the community revealed that the gunmen suspected of being terrorists opened fire on them at random and succeeded in killing six of them on the spot, while others escaped with various degrees of gunshot wounds.

The rampaging gunmen in Plateau have killed another six people at a mining site in the Jos South local government area of the State.

The Nigerian Tribune learned the gunmen were on their way to attack some villages in the council area when they accosted a group of young men at a mining site in Farin-Lamba community at about 9:45 pm on Monday

A source close to the community revealed that the gunmen suspected of being terrorists opened fire on them at random and succeeded in killing six of them on the spot, while others escaped with various degrees of gunshot wounds.

The source said the sound of the gunshot created an air of apprehension in the neighboring communities as many fled into the nearby hills while others ran into the bush for fear of being killed.

It was gathered that the gunmen ransacked the community before they disappeared from the scene after two hours of deadly operations.

On Tuesday, women from the communities barricaded the Farin Lamba-Abuja road to protest the killings, and it took the security agencies several hours to clear the highway for free flow of traffic.

When contacted, the spokesman of Plateau Police Command, DSP Alfred Alabo, who confirmed the incident, said men of the command have been deployed to the affected community.

He added that the highway barricaded by the women had been opened up for traffic, and the women have since returned to their community.

It would be recalled that there was an early security intelligence report on Monday, shortly before the attack, that armed militias were spotted moving to possibly attack certain villages around Riyom and Jos South Local Government Area of the State.

According to the National President of Berom Youth Moulders, Barrister Dalyop Solomon, shortly after the message was passed on, the gunmen struck in Farin-Lamba in the Jos South local government area of Plateau.

Dalyop who strongly condemned persistent attacks and isolated killings in some parts of the state implored the security agencies to be more proactive.

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Lasaco Assurance’s ₦18.47bn Rights Issue Closes May 13

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BY NKECHI NAECHE-ESEZOBOR—Lasaco Assurance Plc has announced that v will officially close on May 13, 2026, marking the end date for eligible shareholders to participate in the capital raising exercise.

The offer is part of the company’s strategy to strengthen its financial base, boost underwriting capacity, and support its expansion plans within Nigeria’s insurance sector.

The offer comprises 9,236,321,546 ordinary shares of 50 kobo each, priced at ₦2.00 per share, on the basis of five (5) new shares for every six (6) existing shares held. The Rights Issue is open to shareholders whose names appeared on the Company’s register as at the close of business on February 20, 2026.

The exercise is expected to raise approximately ₦18.47 billion, which will be strategically deployed to strengthen the Company’s capital base, enhance underwriting capacity, and support the expansion of its market presence within Nigeria’s competitive insurance landscape.

Meristem Capital Limited is acting as Lead Issuing House, while PAC Capital serves as Joint Issuing House on the transaction.

Commenting on the development, the Managing Director of Lasaco Assurance Plc, Ademoye Shobo, reaffirmed the Company’s commitment to maintaining a robust capital position to meet its obligations and deliver sustained value to policyholders and stakeholders.

This initiative aligns with broader efforts across the Nigerian insurance industry to meet evolving regulatory capital requirements, strengthen balance sheets, and position operators to underwrite larger and more complex risks across key sectors of the economy.

The post Lasaco Assurance’s ₦18.47bn Rights Issue Closes May 13 appeared first on Business Today NG.

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AI research lab NeoCognition lands $40M seed to build agents that learn like humans

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Investors are aggressively courting AI researchers to build startups that can make AI more reliable and efficient.

Yu Su, an Ohio State professor leading an AI agent lab, said he initially resisted the pressure from VCs to commercialize his work. He finally took the leap last year and spun out his work into a startup when he saw that foundational model advances could make agents truly personalized.

NeoCognition, a startup Su describes as a research lab developing self-learning AI agents, has just emerged from stealth with $40 million in seed funding. The round was co-led by Cambium Capital and Walden Catalyst Ventures, with participation from Vista Equity Partners and angels, including Intel CEO Lip-Bu Tan and Databricks co-founder Ion Stoica.

“Today’s agents are generalists,” Su (pictured left) told TechCrunch. “Every time you ask them to do a task, you take a leap of faith.”

According to Su, the issue lies in a lack of consistency. Current agents, whether from Claude Code, OpenClaw or Perplexity’s computer tools, successfully complete tasks as intended only about 50% of the time, he said.

Since agents are still so unreliable, they are not ready to be trusted, independent workers, Su told TechCrunch. NeoCognition intends to change that by developing an agent system that can self-learn to become an expert in any domain, similar to how humans learn.

Su argues that while human intelligence is broad, its real power is our ability to specialize. When we enter a new environment or profession, we can rapidly master its unique rules, relationships, and consequences.

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NeoCognition is building agents to mirror this exact approach.

“For humans, our continued learning process is essentially the process of building a world model for any profession, any environment,” Su said. “We believe for agents to become experts, they need to learn autonomously to build a model of any given micro world.”

Su views this capacity for rapid specialization as the critical missing link to getting AI to work reliably on its own.

While it is possible to train agents for autonomous tasks, they must be custom-engineered for a specific vertical. NeoCognition is different because it’s building agents that are generalists capable of self-learning and specializing in any domain.

NeoCognition intends to sell its agent systems primarily to enterprises, including established SaaS companies, which can use them to build agent-workers or to enhance existing product offerings.

Su highlighted that an investment from Vista Equity Partners is especially valuable for this reason. As one of the largest private equity firms in the software space, Vista can provide NeoCognition with direct access to a vast portfolio of companies looking to modernize their products with AI.

NeoCognition currently has about 15 employees, the majority of whom hold PhDs.

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