General News
Airlines Rake in N304Bn from Tickets Sales in 2013

Both the foreign and domestic airlines with flying routes in Nigeria, in 2013, sold tickets worth N304 billion. And while the domestic airlines sold tickets worth N73 billion, on the other hand, the foreign airlines sold tickets worth 231 billion in the same year.
The domestic airlines were able to ferry 5 million passengers across Nigeria in 2013.
Capt. Usman Mukhtar, director general, Nigerian Civil Aviation Authority (NCAA) disclosed these while delivering a keynote address at the 20th Annual League Of Airport And Aviation Correspondents (LAAC) seminar in Lagos.
On the West Coast route, he said, 277,000 passengers were moved. In Intra – African route 437,000 passengers and on the Intercontinental route 1.4 million passengers were airlifted.
“All these were achieved with the domestic airlines operating a total of 63,000 frequencies across the country. On the West Coast there were 4000 frequencies, Intra – Africa 4000, Intercontinental 7300 frequencies.
He said that in recognition of the increase in the volume of passengers, the Directorate of Consumer Protection (DCP) has intensified efforts to process complaints and ensure comfort of air travellers.
According to him, Nigeria has therefore become an attractive destination for foreign airlines and ceaseless application for additional frequencies.
“At present Nigeria has Bilateral Air Services Agreement (BASA) with 78 countries. However, some of these are not being utilised. In order to strengthen and widen our BASA with existing and new countries, Nigerian delegates will be attending an ICAO Air Services Negotiation Conference (ICAN 2014) from 17th – 21st November 2014 at Bali, Indonesia.
“As in the past, the ICAN Conference will provide States with a central meeting place to conduct multiple bilateral (regional or plurilateral) air services negotiations or consultations. It will offer participants excellent networking opportunities.
You can now agree with me that the Nigerian Civil Aviation Authority through its robust regulation has been able to drive aviation to a very high pedestal of “development. The traffic will definitely continue to increase.
Earlier, he noted that in terms of policy thrust, especially from the regulatory perspective it is within NCAA’s framework to propound policy guidelines to drive aviation activities in Nigeria. All these policies fall under our instruments of regulation.
Nigeria is a member of the International Civil Aviation Organisation (ICAO) and therefore a substantial part of our regulatory instruments and policies are derivable for ICAO Annexes and documents.
In addition to these, the Nigerian Civil Aviation Regulations (NCARs), other legislations and conventions in line with the standard and recommended practices are used to provide regulation in the industry.
Enforcement and Sanctions are definitive recourse when there is a violation.
With these capacities, the DG said that NCAA has over the years been able to acquaint itself creditably with effective and efficient regulation of the aviation industry. A major testimony is the attainment and retention of FAA IASA Cat 1.
“In the ICAO Audit conducted in a few years back, Nigeria scored very high marks. There is an impending ICAO Audit again and I am sure no one is losing sleep over that as the Authority has proven to be equal to the task.
“The global average of compliance to ICAO Safety Oversight Audit is 60 per cent. All members have subsequently agreed that all African states should strive to attain 60 per cent by the year 2017.Let me just intimate you with the strategic objectives of the imminent ICAO audit.
“This is to achieve excellence in Safety, Air Navigation Capacity and efficiency, Security and Facilitation, Economic Development of Air Transportation and Environmental Protection. However, the date is yet to be communicated to us.
“NCAA has continuously strengthened its regulations by periodical review and training of personnel. This is why our staff can comfortably excel anywhere in the world. We have Certified ICAO Inspectors in our ranks. We have been able to restore confidence in the air transport operations despite occasional mishaps,” he said.
According to the International Airlines Transport Association (IATA), in the last few years Africa has contributed over 7 per cent to the world traffic. In Nigeria, almost all major cities have been interconnected by air link.
NCAA has recently given Operational Permits to Bernin Kebbi, Jigawa (Dutse) and Bauchi International Airports. These airports were able to airlift pilgrims for Hajj this year.
Mukhtar said, “It is instructive to note that due to the upsurge in number of passengers in Nigeria, NCAA has keyed into a new ICAO methodology designed to accommodate the increase in traffic worldwide. This led to the formation of Aviation Safety Block Upgrade (ASBU) Committee in Nigeria.
“The Regulatory Authority has evaluated and granted approval for Airports Security Program (ASP) at majority of the airports. Others are undergoing assessment for approval. This is expedient in the face of global security challenges”.
He also urged aviation stakeholders in the country to continue to partner with the Authority for greater efficiency.
General News
NiDCOM Launches Diaspora Startup Challenge to Boost Nigerian Talent

The Nigerians in Diaspora Commission (NiDCOM) has sought to harness the innovation and expertise of Nigerians across the globe with the launch of the Connected Diaspora x DOWA Start-Up Challenge and the Connected Diaspora Flagship Event 2025.

Speaking at a news conference in Lagos, Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, described the initiatives as timely and transformative, noting that they are strategically designed to tap into the creativity, enterprise and professional strength of Nigerians in the diaspora.
She said the Start-Up Challenge, themed “Building, Breaking and Believing in Nigeria,” aims to energise innovators abroad by promoting knowledge transfer, enterprise development and strategic investment to support Nigeria’s rapidly expanding economy.
According to a statement by NiDCOM, the challenge, which offers cash prizes of up to ₦1 million, is targeted at spotlighting exceptional ideas and supporting impactful ventures created by Nigerians living overseas.
According to Dabiri-Erewa, the initiative aligns with the Federal Government’s overarching goal of engaging the diaspora community as key partners in national progress.
She further announced that the Connected Diaspora Flagship Event will take place on December 19, 2025, in Lagos, and will bring together entrepreneurs, policymakers, investors, technology leaders and strategic partners for critical discussions on Nigeria’s future.
Kadiri Hamzat, Deputy Governor of Lagos State, will serve as the Special Guest of Honour and is expected to speak on the importance of collaboration between government and the diaspora in accelerating development.
NiDCOM also revealed that notable contributors from the global diaspora community and Nigeria’s entrepreneurship ecosystem will enrich the sessions and help shape new pathways for meaningful engagement.
Dabiri-Erewa said their support remains invaluable in driving the success of the initiative. She emphasized that their continued collaboration helps unlock the potential of Nigeria’s global talent pool and fosters sustainable economic growth.
The Commission called on stakeholders across both the public and private sectors to support the initiative, stressing that the opportunities for innovation, collaboration and nation-building are immense.
NiDCOM urged young Nigerians and diaspora returnees to participate actively in the Start-Up Challenge, reminding them that entries close on December 12, 2025.
The December event will also feature a Diaspora Talent Career and Internship Fair, aimed at connecting diaspora returnees with internship opportunities offered by DOWA partner organisations.
NiDCOM said the fair will further strengthen talent exchange and deepen the country’s development capacity.
The programme timeline includes the opening of applications for the Start-Up Challenge from November 18 to December 12, followed by public voting on Instagram from December 13 to 17.
The winner will be announced on December 18, ahead of the final presentation at the JK Randle Centre in Lagos on December 19.
NiDCOM encouraged interested participants to follow the provided registration details and take advantage of the platform created to connect, innovate and contribute to national advancement.
General News
PromoPrint Rekindles Nigerian Resilience @ 25th Anniversary

Indigenous printing company, PromoPrint Ventures Ltd, celebrated 25 years of operations in the country on Tuesday 2nd December, at an event held at the Lagos Motor Boat Club in Lagos.

The evening saw business executives, clients and stakeholders in the printing space gathered to attest to the dexterity and Nigerian resilience demonstrated by Mrs. Patricia Ojora, the Founder and Chief Executive of the company in sustaining the growth of PromoPrint over the last 25 years.
Amongst many things on display that evening were PromoPrints very first t-shirt printed in the year 2000. Guests also cheerfully adorned custom-made patterns done by Promoprint on our indigenous cotton fabric (Funtau).
In her opening remarks, Mrs. Patricia Ojora recalled the past 25 years of operation in Nigeria at the helm of PromoPrint. While not easy, she says:
“We’ve been able to do it and we enjoy it. There’s nothing better than creation. To create something from nothing and do it so well, it’s a passion for me. It’s something that I really, value. I’m a great supporter of Nigeria, so I believe that we should be able to do things well in Nigeria. We don’t need to always import, that’s why we’re doing this today, to be able to collaborate with people. Most of the people here are people we’ve collaborated with and have worked hard to build Nigeria back up”.
She recounts how she was able to change the narrative of many Nigerians that were printing outside of the country who are now printing with PromoPrint Ventures. “People used to print outside the country because they didn’t trust the quality that was here in Nigeria,” Patricia explains with an understanding that “we can produce good quality here within Nigeria.”
The company is a one-stop shop for all things printing with all operations happening in-house, from the expertise of crafting graphics and garment production to the t-shirts, roller banners, corporate gifts and more being rolled out on a daily basis. “What we are selling is peace of mind in a chaotic place.” Patricia says, with nearly three decades of successful operations and collaboration under her belt.
Significantly, she makes sure the company remains primed for the future, using AI and the like to remain progressive in strategy and implementation. Patricia proudly states, “Our automated printing carousel can churn out 10,000 tees a day if needed and our many corporate clients can attest to this.”
In attendance was Atedo Peterside (CON), Founder, Stanbic IBTC Bank Plc, one of many guests in the room who spoke to PromoPrints impact. “There’s something about longevity,” he shares with the crowd, “If you’ve kept the business going for 10 years, I always tell people, it means you’re doing something right. If you get it going for 20 years, you’re doing something very correct. Patricia must be doing something phenomenally right and it’s my sincere hope that she keeps it going, keep building, keep innovating.”
“Patricia can create almost everything,” Peterside remarks, “she has the courage, audacity and the commitment.”
Mrs. Ibukun Awosika, Nigerian businesswoman and the first female Chairperson of First Bank of Nigeria, contextualises the tenacity of Patricia’s efforts rather well. She reminds the room that “when you think of how many big multinationals who have so much that protects them, who have a lot of support systems internationally and locally, who gave up on Nigerian manufacturing, then you have to go back and think about those of us like Patricia.”
Even after 25 years, Nigeria remains in need of more Entrepreneurs, particularly those like Patricia, to boost the SME and manufacturing industry in the country despite the odds. “She didn’t give up,” Awosika says in admiration.
“What is key is that, when we celebrate the likes of Patricia and her company, we know without a doubt that it’s not just because they want to have a celebration. It’s because, in truth, the Nigerian entrepreneur is a star, and even more so, the Nigerian manufacturer.” Awosika concludes.
So, we celebrate Mrs. Ojora and her PPV entire team, and all that has gone into 25 years of hard work, commitment, creativity, we also recognise the passion that does not allow you to give up on the vision, the commitment to not only creating jobs for other Nigerians but creating value within Nigeria. The commitment to innovating a solution for every challenge and every situation. Indeed, it was a worthy celebration.
General News
Optimus AI LABS CEO Showcases AI Breakthroughs in Nigeria’s Financial Sector

Mr. Lanre Basamta, Chief Executive Officer and Co-Founder of Optimus AI LABS, has unveiled a suite of artificial intelligence innovations poised to transform Nigeria’s financial services industry, aligning with recent Central Bank of Nigeria (CBN) directives on consumer protection and fraud prevention.

Optimus AI LABS
Basamta, speaking at a media parley in Lagos, said the company’s flagship product, Omnis, is redefining customer engagement in banking by serving as a virtual assistant embedded within mobile applications.
According to him, the platform is capable of analyzing customer behavior to recommend tailored financial products, effectively functioning as a “digital salesperson” that boosts bank revenues while enhancing customer experience.
He noted that Optimus AI LABS, which began as a modest startup targeting small businesses such as schools, has now identified greater opportunities in serving banks, fintechs, and microfinance institutions.
“The financial sector presents the biggest opportunity for AI to deliver value at scale,” Basamta said.
In response to rising fraud concerns and new CBN regulations mandating resolution of fraud cases within 14 days, Basamta highlighted the company’s AI-powered support platform designed to address customer frustrations over delayed assistance.
The system, he explained, interacts naturally with users, resolves issues promptly, and escalates unresolved cases, thereby strengthening compliance and improving customer satisfaction.
Basamta also recounted the firm’s global expansion, citing its work with Canadian clients, including the development of a dental learning environment for a major dental group.
He said this international footprint demonstrates Nigeria’s capacity to compete globally through homegrown innovation.
Reflecting on the company’s relocation into office space formerly occupied by KUDA, a fast-rising Nigerian fintech, Basamta expressed optimism that Optimus AI LABS is on a similar trajectory toward scaling into a major industry player.
He emphasized that the company’s growth would contribute not only to technological advancement but also to national development.
Basamta concluded by appreciating partners and stakeholders, stressing that “big things can emerge from small beginnings when powered by AI’s transformative capabilities.”
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