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African Airlines Traffic Slips 0.7% on YoY Passenger Demand

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Tony Tyler, IATA’s director general and CEO.
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The International Air Transport Association (IATA) announced global passenger traffic results for January 2015 showing traffic growth (revenue passenger kilometers or RPKs) of 4.6% compared to January 2014, but African airlines recorded 0.7% decline compared to the period in 2014.

This represents a slower start to the year compared to 2014 full-year growth of 5.9%.

However, results likely were affected by the timing of the Lunar New Year in Asia, which occurred one month later this year compared to 2014.

January capacity rose 5.2% and load factor slipped 0.5 percentage points to 77.7%. While domestic markets drove growth in the latter part of 2014, international traffic was stronger in January.

“January traffic did not maintain the rate of growth attained in 2014; nevertheless, we are seeing healthy albeit slightly slower growth in the demand for air services. While January was a relatively positive start for the year, we cannot look ahead without seeing some significant risk factors in the macro-economic and political environment,” said Tony Tyler, IATA’s director general and CEO. 

International Passenger Markets
January international passenger traffic rose 5.4% compared to the year-ago period. Capacity rose 6.0% and load factor slipped 0.5 percentage points to 78.0%. All regions recorded year-over increases in demand except for Africa.

European carriers’ international traffic climbed 5.0% in January compared to the year-ago period, which was the largest increase among the three biggest regions. Capacity rose 4.6% and load factor rose 0.3 percentage points to 77.7%.

Air travel growth in Europe reflects robust travel on low cost carriers as well as on airlines registered in Turkey which is helping to overcome some of the impact on travel of the ongoing economic weakness in the region.

Asia-Pacific carriers recorded an increase of 4.7% compared to January 2014, which is below the 2014 annual trend of 5.8% expansion. In addition, the seasonally-adjusted level of traffic has been broadly flat over the past five months. The timing of the Lunar New Year in mid-February (one month later than it fell in 2014) also impacted the results. Capacity rose 5.8%, pushing down load factor 0.8 percentage points to 77.6%.

North American airlines saw demand rise 2.7% in January over a year ago. While this was the weakest traffic growth for all regions save Africa, the US economy is a stand-out performer among developed economies. Capacity rose 3.8%, pushing down load factor 0.9 percentage points to 79.5%.

Middle East carriers had the strongest year-over-year traffic growth in January at 11.4%. Markit’s measures of business activity in non-oil sectors in the region’s economies continue to show improvement, suggesting Middle Eastern economies are comparatively well-placed to withstand the plunge in oil revenues. Capacity rose 13.3% and load factor dipped 1.3 percentage points to 79.7%.

Latin American airlines’ traffic rose 5.6%. Capacity rose 5.1% and load factor climbed 0.4 percentage points to 81.2%, highest among the regions. While growth in the Brazilian economy has stagnated, regional trade volumes have continued to improve in recent months.

African airlines saw January traffic slip 0.7% compared to January 2014.

The weakness in international air travel for regional carriers is not believed to be attributable to the Ebola outbreak. Rather, it appears to reflect negative economic developments in parts of the continent including Nigeria, the continent’s largest economy, which is suffering from the collapse in oil prices. With capacity up 0.7%, load factor fell 1.0 percentage point to 68.1%, the lowest among the regions.

Domestic Passenger Markets
Domestic air travel rose 3.2% in January year-on-year, which was below the full year 2014 result of 5.4%.

Capacity rose 3.9% and load factor was 77.3%, down 0.5% percentage points.

China domestic air travel rose just 2.1% January compared to a year ago.

This in part is owing to the timing of the Lunar New Year falling in February (a month later than in 2014).

But there was also a contraction in volumes in January compared to December, after adjusting for seasonal factors.

Brazil’s domestic traffic climbed 5.6% in January. Nonetheless, growth in the economy is stagnant and persistently-high inflation remains a concern.

That the demand for connectivity drives economic activity was widely noted in media reports on the recent Lunar New Year Holiday which fell in February this year.

The Chinese government estimated that the number of Chinese making overseas trips during the holiday period topped 5 million—a 10% increase on 2014.

The China Tourism Academy suggests that this activity generated some $22 billion for the Chinese tourism industry.

On the receiving end, it was widely reported that the 450,000 Chinese travelers who visited Japan over the period spent nearly $1 billion.

“Air travel drives business. The economic impact of travel during the Lunar New Year period is a tremendous example of how powerful a force travel can be.

“This is our message to governments: a successful air transport industry strengthens economies with broad economic and social benefits. The industry is committed to sustainable growth. But it is critical that governments do their part in ensuring cost-efficient infrastructure to accommodate demand and not constraining growth with excessive taxation or onerous regulation,” said Tyler.

   


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MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

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MultiChoice, a CANAL+ company, has retained the distribution rights to 12 Warner Bros. Discovery thematic channels following the signing of a new multi-year, multi-territory agreement between CANAL+ Group and Warner Bros. Discovery, marking a significant expansion of their long-standing partnership.

MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

MultiChoice

The new deal, which spans several regions across Africa and Europe, covers the distribution of HBO Max as well as the renewal of selected Warner Bros. Discovery thematic channels. It represents a major milestone in the companies’ international collaboration and strengthens content offerings across MultiChoice Group territories.

MultiChoice disclosed that this agreement builds on earlier partnerships concluded in Europe. “It builds on the landmark agreements concluded in France in 2024,including the renewal of the exclusive pay-TV window for Warner Bros. Pictures films just six months after their theatrical release in France and the integration of HBO Max within select CANAL+ group offers – as well as in Poland in 2025, with the renewal of the distribution agreement for 22 thematic channels (including TVN 24 and Eurosport) and 4 free-to-air channels (including TVN).”

Under the renewed arrangement, MultiChoice Group will continue to distribute 12 Warner Bros. Discovery thematic channels across its territories, with some channels offered on an exclusive basis. CNN International and Cartoon Network will remain exclusive to South Africa while being distributed non-exclusively in other markets. Cartoon Network Porto will be exclusive in Angola and Mozambique and non-exclusive elsewhere. Other channels such as Discovery Channel, TLC, HGTV, Food Network, TNT Africa, Travel, ID and Cartoonito will be offered on a non-exclusive basis.

According to the partners, the deal reinforces CANAL+ Group’s channel portfolio on the continent. “This agreement enables CANAL+ Group to strengthen its entertainment, kids, news, and documentary channel offerings in African markets.”

The agreement is also expected to improve access for CANAL+ Group subscribers to Warner Bros. Discovery’s premium content through HBO Max and selected channels, including globally recognised series and films, further extending the studio’s international reach while consolidating MultiChoice’s content offering in key markets.

 


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Nigeria Police suspends tinted glass permit enforcement over court injunction

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Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Nigeria Police suspends tinted glass permit enforcement over court injunction

Tinted glass permit

The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.

An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.

Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.

The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.

IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.


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NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

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Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.

According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.

The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.

Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.

He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.

Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.

In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.

Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.


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