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How Plateau Workers Defied Terrorists To Celebrate Govt-Union Relations

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The celebration of the 2025 Workers’ Day in Plateau State was remarkable. Although the workers donned black hand bands to mourn the persistent attacks and killings in the State as well as the recent fire incident in a part of the Jos main market, they made it clear to the attackers that the State won’t give in to any form of intimidation.

The workers on that day stood in solidarity with the State government, saying, enough is enough as they also lauded the efforts of the State Governor, Caleb Mutfwang in promoting a healthy labour-government relationship in Plateau State.

Reeling out the solidarity and commendation messages, the unionists and their members who gathered at the Polo Field in Jos, the State Chairman of the Nigeria Labour Congress (NLC), Eugene Manji and his Trade Union Congress, TUC counterpart, Kenneth Shammah urged the Governor not to relent in his good work.

The duo in agreement noted, “Our messages have been sent across via the placards the Unions have displayed here. This year, we are expressing our displeasure about the incessant killings on the Plateau, the wasting of innocent lives and destruction of property.

“That’s why we are putting on the black hand bands. We are in solidarity with the Plateau State government in the fight against terrorists activities in the State. We are saying enough is enough. These terrorists being called unknown gunmen are known because when you go to communities that have been sacked, some people are there. Are they still unknown?”

To the Governor, they added, “… We commend you for paying the pension arrears so our retirees enjoy their money while alive. We appreciate it and pray you continue to the end so that everybody can enjoy and those retiring won’t have any fear of retiring. You also sponsored the two Labour leaders to the ILO convention in Geneva. Thank you.

“Last year, you organized the first ever Labour- Government retreat, you called us for a dinner where we presented our issues which most of them have been addressed. You have paid in full for the land to address the housing need of workers. You have calculated and paid the arrears of the workers of Hill Station Hotel from 2020 but the allowances are pending and we believe you will give the approval for those to be paid.

“The retirement age of teachers is now 65 years, promotion arrears have been cleared to 2025. If there is any pending MDA, check with your admin…”

The duo however stated, “Like Oliver Twist, the civil servants are appealing to the people’s governor to come to their aid in commencing work on the land to addressing the housing deficit and avoid leaving it fallow,” and reminded the governor of the need to extend that good gesture to staff at the local government areas.

Reacting to the accolades that day, Governor  Mutfwang, among other things, assured of better days ahead for workers on the Plateau saying, “We are not where we ought to be, but certainly not where we used to be. We are not only rebuilding infrastructure, but trust in government, leadership and in better tomorrow. I want to face you anytime to tell you that I will never deceive you, that when I speak, l can confidently say read my lips…

“To you, the resilient workforce of Plateau State, I seek your understanding and cooperation in these difficult times. These challenges demand patience, unity, and an unbreakable will to forge ahead together. We are all aware that these are equally difficult economic times, but let me say that thus far, you have done well. We are taking urgent action. In response to these hardships, we have introduced measures aimed at cushioning the effects of economic pressure.

“Through deliberate capacity-building initiatives and the provision of modern working tools, we are retooling our workforce for greater efficiency. Offices are being renovated to provide a conducive and dignified environment for service delivery. With the approval and implementation of the N70,000.00 minimum wage, we have taken a bold and compassionate step to enhance the welfare of our beloved workers — not just in words, but in concrete action.

“On this Workers’ Day, I salute your courage, your diligence, and your patriotism. You are the heartbeat of this administration. Your contributions remain the pillars on which Plateau stands. Let us continue to walk this path together, with resilience, with hope, and with unity. Let us, even in mourning, remember that our shared strength is the surest tribute we can pay to those we have lost,” the Plateau governor said in his assurance to workers on that significant May Day.

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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

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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.

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

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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.

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