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Plateau PDP Agent calls for Arrest of Jos North Council boss, Bala Usman over missing BVAS

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The State Agent of the Peoples Democratic Party (PDP) in Plateau State, Barr Gyang Pam Davou has called for the immediate arrest of the Chairman of the local Government Council of Jos North, Hon Bala Usman over misconduct at the collation center in Jos North for the March 18th Governorship And State Assembly Election.

The State Agent of the Peoples Democratic Party in Plateau State, Barr Gyang Pam Davou has called for the immediate arrest of the Chairman of the local Government Council of Jos North, Hon Bala Usman over misconduct at the collation center in Jos North for the March 18th Governorship And State Assembly Election.

Barr Gyang Davou, made the call on Monday 20th March at the State Governorship Collation Center, while results for Jos North Local Government Area were presented, with the Local Government returning officer giving a report for the absence of Narraguta B Ward which he said was not captured.

He alleged that the Council boss, Hon Bala Usman was responsible for the missing Bimodal Voter Accreditation System BVAS and the disappearance of the INEC Adhoc staff.

“What Happened in Jos North was very unfortunate and an act of criminality, as BVAS and INEC ad-hoc staff disappeared into thin air. It is very unfortunate that the election took place and people disappeared with Government Property and shows the level of desperation by some politicians”.

“The Chairman of the Local Government Council is not supposed to come into the collation center and was the one making a case for the ad-hoc staff that was absent. I am calling for his arrest because he knows where the BVAS is and was also responsible for the absence of the INEC ad-hoc staff. He was mediating between the people that were not seen and the collation officer”.

“So he should be arrested and prosecuted as a deterrent to serve as a deterrent that people should allow the process to continue without unnecessary obstructions”. Barr Gyang Davou stated

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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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