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    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

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    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

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    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

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    SEC Nigeria to introduce tax incentive backed National Savings Scheme

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    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

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    Dangote ends naira sales, Begins petrol Sales in Dollar

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    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

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    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

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    Nigerian Exchange launches a WhatsApp subscription channel for public offers

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

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    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

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    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Ebola outbreak: Nigeria introduces health declaration forms for travellers

    Police Officers who ran over handcuffed man in Ekpoma arrested

    Osun State House of Assembly becomes first to approve state police

    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

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    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

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    Ardova Plc led consortium to acquire 100% of Powergas

    Ardova Plc led consortium to acquire 100% of Powergas

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Notifies Public of Possible Delay to Q3 2026 Results

    UAC of Nigeria Plc shareholders to receive 65 kobo dividend for 2021 Financial Year

    UAC of Nigeria Plc to sell 43% stake in DP World Logistics

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    TotalEnergies and AMNI sign US$800m FID for Ima gas field development

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    Airtel Africa Confirms Airtel Money’s London IPO Plan, Targets LSE Main Market

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

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    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

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    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

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Germany Signs Multi-Billion Euro Deal for 20 Advanced Eurofighter Typhoons

Wednesday, 15 October 2025, 6:26 pm
in Business
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Germany Signs Multi-Billion Euro Deal for 20 Advanced Eurofighter Typhoons
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Germany has signed a multi-billion-euro deal with Airbus for 20 Eurofighter Typhoon jets, bolstering the Luftwaffe and advancing air fleet modernisation as NATO defense demands rise.

The new Eurofighters, built to the advanced “Tranche 5” standard, will include upgrades such as the E-Scan AESA radar for enhanced detection and targeting, and Saab’s Arexis electronic warfare suite for jamming and self-protection.

Deliveries are scheduled to begin in 2031 and conclude by 2034, with the jets entering service as they arrive. These multi-role aircraft—capable of air-to-air combat, ground strikes, and suppression of enemy air defenses—are expected to remain active into the 2060s, bridging the Luftwaffe’s needs until the Future Combat Air System (FCAS) is scheduled to enter service from 2040 onward.

“This order strengthens Germany’s air defense and NATO commitments while securing critical industrial expertise,” said Airbus CEO Mike Schoellhorn. Eurofighter GmbH’s Jorge Tamarit-Degenhardt hailed the deal as “excellent news,” noting its role in sustaining over 100,000 jobs across the Eurofighter consortium, which includes Germany, the UK, Italy, and Spain.

The jets will be assembled at Airbus’s Manching facility near Munich, bolstering Europe’s defense production capabilities.

Germany, Europe’s largest Eurofighter operator, currently fields around 140 Typhoons. The new order complements prior acquisitions, including 38 Tranche 4 jets under the €5.4 billion Quadriga project (deliveries from 2025) and 15 additional units approved in 2022. The Luftwaffe’s aging Tranche 1 Eurofighters and Panavia Tornados, some dating back to 2004, are being phased out, necessitating these replacements.

The contract comes as Germany ramps up defense spending beyond 2% of GDP, spurred by Russia’s ongoing invasion of Ukraine and delays in the FCAS program. Analysts see the deal as an “insurance policy” to maintain European fighter production amid geopolitical uncertainties.

Vivian Ifunanya Gerald

Administrator and Writer

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