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    Airtel Africa Releases Audited Financial Statements for Q1 2026

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

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    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

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    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

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

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

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    Oil prices surge as US-Iran tensions reignite

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    Dangote Slashes Petrol Price to ₦1,125/Litre

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    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

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

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    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa secures High Court Approval to boost future shareholder returns

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Petrol Jumps ₦110 per Litre as Dangote Ends Naira Pricing

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

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

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

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

    Abducted Oyo Pupils, Teachers regain freedom After Days in Captivity

    Abducted Oyo Pupils, Teachers regain freedom After Days in Captivity

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

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    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

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

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

    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

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

    46 Microfinance Banks Shut Down by CBN: See Full List

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

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    NREIT Targets N210 Billion Capitalisation With New N30.4 Billion Offer

    NREIT Targets N210 Billion Capitalisation With New N30.4 Billion Offer

    SET Plc to Hold Emergency Board Meeting

    Secure Electronic Technology Plc reports N32.2 million loss for H1 2026

    UAC of Nigeria Proposes ₦1.00 Final Dividend

    UAC Restructures Board as Badejo Moves to UPDC

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    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

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

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

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

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    Nestlé Nigeria Publishes List of Unclaimed Dividends

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    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

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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?

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    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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