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    Airtel Africa Announces Total Voting Rights and Share Capital

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

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

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    Twin Earthquakes Kill at Least 164 in Venezuela; Thousands Feared Dead

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    Ebola Reaches Europe as France Confirms First Imported Case

    Ebola Reaches Europe as France Confirms First Imported Case

    FG Announces Major Mineral Discovery in Kaduna

    FG Announces Major Mineral Discovery in Kaduna

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    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

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    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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    Airtel Africa Announces Total Voting Rights and Share Capital

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

    Union Dicon Salt Plc Announces Urgent Public Notice Seeking Immediate Contact from Majority Shareholder Aims Limited

    Land Dispute: Ellah Lakes Issues Public Notice on Iguelaba Property

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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

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High Mobility Artillery Rocket Systems (HIMARS) part of USA’s $675m new military support to Ukraine

Friday, 9 September 2022, 9:02 am
in News, World
1
Our biological programs abroad are for peaceful purposes – US State Department
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On Thursday, the U.S Department of Defense (DoD) announced the authorisation of a Presidential Drawdown of security assistance valued at up to $675 million to meet “Ukraine’s critical security and defence needs.”

According to the publication by the DoD seen by Investogist, this authorisation is the Biden Administration’s twentieth drawdown of equipment from DoD inventories for Ukraine since August 2021.

The drawdown which started months before Russia’s “Special Military Operations” in Ukraine, has accelerated since the Russian army invaded Ukraine in February 2022.

Capabilities in this package include:

  • Additional ammunition for High Mobility Artillery Rocket Systems (HIMARS);
  • Four 105mm Howitzers and 36,000 105mm artillery rounds;
  • Additional High-speed Anti-radiation missiles (HARM);
  • 100 Armored High-Mobility Multipurpose Wheeled Vehicles (HMMWV);
  • 1.5 million rounds of small arms ammunition;
  • More than 5,000 anti-armor systems;
  • 1,000 155mm rounds of Remote Anti-Armor Mine (RAAM) Systems;
  • Additional grenade launchers and small arms;
  • 50 armored medical treatment vehicles;
  • Night vision devices and other field equipment.

In total, the United States has committed approximately $15.2 billion in security assistance to Ukraine since January 2021. Since 2014, the United States has committed more than $17.2 billion in security assistanc ofe to Ukraine and more than $14.5 billion since the beginning of Russia’s unprovoked and brutal invasion on February 24.

The U.S State Department has also notified the U.S Congress, according to the press release, of its intent to make US$2 billion available in long-term investments in Foreign Military Financing.

US$1 billion is expected to go to bolster the security of Ukraine while US$1 billion will go to 17 nations that are in Ukraine’s region.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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