Elon Musk follows Africa’s richest man’s playbook with $10.5 billion SpaceX share giveaway to American children
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…
US Government opens tech jobs for software engineers and AI experts
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…
G7 to launch exercises to guard against AI cyber attacks
Group-7 move to safeguard AI cyber attacks Finance leaders of the G7 grouping agreed to hold tabletop exercises to guard against AI cyber attacks, Japanese Finance Minister Satsuki Katayama said, as policymakers increasingly seek to coordinate responses to growing cyber security risks. The agreement comes after the International Monetary Fund warned this week that confidence could be undermine by an AI-enabled cyber attack on a critical service of a financial institution. “The G7 finance deputies had been discussing the idea…
Iran says it will reply to US response on Hormuz once review is over
Iran to react to US response on Hormuz DUBAI – Iran is still reviewing a US response to its proposal regarding the reopening of the Strait of Hormuz and will reply to Washington via intermediaries when the review is over, foreign ministry spokesperson Esmaeil Baghaei said on Monday. Baghaei also told a press conference that Iran continues to exchange messages via intermediaries, without elaborating. Qatar and Pakistan, among others, have acted as mediators in efforts to end the war that…
Xi visit to Washington all pomp but little progress so far
Xi visit to Washington with pomp At least so far, Chinese President Xi Jinping’s visit to Washington has been all pomp and little obvious progress on pressing issues. From the ceremonial welcoming at a military air base on Wednesday to the honour-guard arrival at the White House this morning, President Donald Trump rolled out the red carpet – literally and figuratively – for his Chinese counterpart. The public remarks from the two leaders have teemed with warm words and diplomatic…
Two pilots eject and parachute out of RAF plane before crash
Two pilots parachuted out before crash Two pilots ejected and parachuted out of their plane before the RAF training aircraft crashed and burst into flames, appearing to narrowly miss homes. North Wales Police said the pilots of the RAF T2 Hawk aircraft were being treated for minor injuries following the incident in the Pencarnisiog area of Anglesey. The force said helicopters from the Coastguard and the Wales Air Ambulance were sent to the scene close to RAF Valley on the…
Canada raises study permit, visitor visa processing times for Nigerians
Canada ups Nigerians visas processing timesvisas processing times to 10 weeks Nigerians applying to study or visit Canada are facing longer visas processing times, following the latest update by Immigration, Refugees and Citizenship Canada. The processing time for study permits submitted from Nigeria increased from nine weeks to 10 weeks as of September 16, according to the latest figures released by IRCC. The estimated processing time for visitor visas also increased from 84 days to 87 days. The figures, compiled…
In First Hour, Dangote Refinery’s $1.6B IPO Surges
Dangote is offering 4.1 billion shares at N525 each, targeting about $1.6 billion IPO More than $7 million (N10 billion) was committed by thousands of investors within the first hour of Dangote Petroleum Refinery’s initial public offering. This momentum signals strong early interest and aligns with expectations for the $1.6 billion IPO, which could become Africa’s largest-ever share sale. The Nigerian energy company opened the offer on Monday, September 14, seeking to raise about $1.6 billion (N2.15 trillion) through the…