RUSSIAN PERSPECTIVE US smart bombs miss Russian targets – Pentagon leak Pentagon officials have reportedly expressed concern that US-produced smart bombs provided to Ukraine are being electronically jammed by Russian forces, causing them to miss their targets. The precision-guided bombs, which are among the increasingly advanced weaponry that Washington has been providing to Kiev, have been rendered “useless” by Russian jamming tactics, Politico reported on Wednesday, citing leaked Pentagon documents. The US media outlet added that an unidentified Pentagon official confirmed the authenticity of the documents. The US has given Ukraine the long-range version of its Joint Direct Attack Munitions…

Debt Management Office has listed four Federal Government of Nigeria bonds valued at N360 billion for subscription at N1,000 per unit. The first offer is a February 2028 FGN Bond, valued at N90 billion, at an interest rate of 13.98 per cent per annum (10-year re-opening). The second offer is an April 2032 FGN Bond, valued at N90 billion, with an interest rate of 12.50 per cent per annum (10-year re-opening). There is also the Jan 2042 FGN Bond valued at N90 billion, with an interest rate of 13.00 per cent per annum (20-year re-opening). The fourth offer is the…

A seven-storey building under construction on Banana Island, Lagos State, has collapsed, trapping several workers. Emergency responders were immediately mobilised to the scene of the building collapse. Lagos Territorial Head of the National Emergency Management Agency (NEMA) confirmed the incident in a brief update Wednesday evening. “Report of a building under construction was just received at Banana Island. Workers trapped. We are mobilising to respond,” he said. Giving an update on the building collapse, Deputy Director, Public Affairs Ministry of Physical Planning and Urban Development, Mukaila Sanusi, said “an unapproved 7-floor building under construction collapsed.” He said, “Few who sustained…

WESTERN PERSPECTIVE Kyiv denies Wagner Bakhmut claim, Russia says forces advancing Ukraine and Russia traded barbs on Wednesday over how much Kremlin's forces control the city of Bakhmut, for months the focal point of Moscow's bid to advance through eastern Ukraine. Ukraine's military said it controlled "considerably" more than 20% of the city. The claim by Russian entrepreneur Yevgeny Prigozhin that his Wagner mercenary group had seized more than 80% of Bakhmut was untrue, it said. Russia's Defence Ministry retorted that Wagner forces had captured three city blocks. And Russian forces, it said, had struck Ukrainian army reserves trying to…