Economy - Emex Systems Global Consult

Category Archives: Economy

Elon Musk like Dangote offers American children $10.5b stake in SpaceX The world’s richest man, Elon Musk, has pledged to give every child in the United States a share in his aerospace company, SpaceX, in a move that echoes earlier initiatives by Africa’s richest man, Aliko Dangote, to extend corporate ownership to millions of Nigerian women and students. Musk announced the plan on October 19, 2026, weeks after Dangote unveiled programmes to help two million vulnerable Nigerian women and potentially…

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US Government woos software engineers and AI experts The United States (US) government has opened applications for technology roles targeting software engineers and AI experts, with positions distributed across multiple federal agencies. US vice president JD Vance announced the initiative on X on Thursday, October 15, drawing attention to what the administration is calling the US Tech Force, a White House-backed programme designed to bring elite technology talent into government service. What is the US Tech Force? The US Tech…

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Dangote Refinery has released 32 institutions for it’s IPO Dangote Refinery and Petrochemicals FZE has approved 32 banks, fintech companies, mobile network operators and investment platforms through which investors can subscribe for its shares when its public offer opens.The company disclosed the approved channels on its official initial public offering (IPO) website, urging prospective investors to use only the listed platforms when subscribing for shares.According to the company, the approved subscription channels include 19 banks, 10 fintech firms, two mobile…

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Dangote Refinery IPO represents an opportunity to partner with Africa’s richest man The proposed Dangote Refinery IPO will allow investors to acquire shares in one of Africa’s biggest industrial projects, with the offer price set at N525 per share and the minimum subscription at 10 shares, costing N5,250. The offer is expected to open on September 14, 2026, giving investors an opportunity to participate in the ownership of the 700,000-barrels-per-day refinery. Here are the 10 key steps prospective investors need…

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SEC’s approval clears the way for Dangote refinery IPO Issue The Securities and Exchange Commission, SEC’s approval clears the way for a potential ₦2.15 trillion Initial Public Offering, IPO, giving public investors an opportunity to own a stake in one of Africa’s largest industrial assets. The proposed IPO of Dangote Petroleum Refinery and Petrochemicals FZE is shaping up to be a landmark transaction for Nigeria’s capital market. The SEC approved the commencement of the offering, clearing the refinery’s draft offer…

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Dangote refinery IPO launches in days The initial public offering of Nigeria’s Dangote refinery, the largest on the continent, ​will open in the next 10 to 12 days, ‌owner Aliko Dangote said on Thursday. “So our dream is that we want to make sure we double the capacity of the refinery … which will take ​us to 1.4 million barrels per day. The IPO will ​open in the next 10 to 12 days,” Dangote ⁠told investors and analysts in Botswana,…

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US not done with economic warfare on Iran, yet Tehran is not conceding Donald Trump has said the US is mounting a fresh campaign of “economic warfare” against Iran, while warning that there would be “tremendous” consequences for any country that trades with the Islamic republic. “I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!” the US president said in a post on his Truth Social platform late on Wednesday. “This will be an ECONOMIC D-DAY,…

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The AI and WhatsApp Money Blueprint By Emmy White A Step-by-Step Guide to Making Money With AI and WhatsApp in Nigeria You see people online talking about making money with AI every day. Some are using ChatGPT. Some are selling digital products. Some are getting customers through WhatsApp. And deep down, you’re asking yourself: “How are these people actually doing it?” Maybe you’re tired of depending on one source of income. Maybe jobs are not paying enough. Maybe you want…

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