General News
Global Economies Rely Aviation Connectivity for Sustainability-IATA

International Air Transport Association (IATA) has hinted that global economies rely on connectivity provided by aviation to sustain business and leisure-related activities.
IATA announced on Thursday that global passenger traffic results for May showing demand growth of 6.2% compared to May 2013.
While this represented a deceleration compared to April year-over-year traffic growth of 7.6%, the performance is indicative of improving demand drivers.
May capacity rose 5.2% and load factor climbed 0.7 percentage points to 79.0%. All regions except Africa experienced positive traffic growth.
“We are seeing healthy demand for air traffic to support and help sustain the pick-up in global economic activity,” said Tony Tyler, IATA’s director general and ceo.
International Passenger Markets
May international passenger traffic rose 7.0% compared to the year-ago period. Capacity rose 6.0% and load factor climbed 0.8 percentage points to 78.1%.
All regions recorded year-over-year increases in demand.
Asia Pacific carriers recorded an increase of 7.3% compared to May 2013, which was the largest increase among the three biggest regions. The strong performance suggests that downward pressure on demand from sluggishness in the Chinese economy is likely easing.
According to JP Morgan/Markit, the measure of manufacturing activity rebounded in May, supported by a strong rise in export order growth.
Capacity rose 7.5%, pushing down load factor 0.1 percentage points to 74.1%.
European carriers’ international traffic climbed 6.1% in May compared to the year-ago period. Capacity rose 5.3% and load factor rose 0.6 percentage points to 80.3%.
Economic activity in the Eurozone has been gaining momentum slowly and recent data suggest that solid increases in industrial production and trade should result in acceleration in Eurozone GDP in the second quarter.
North American airlines saw demand rise 4.4% in May over a year ago, implying positive underlying economic growth trends with easing pressure on employment levels.
Capacity rose 4.8%, pushing down load factor 0.3 percentage points to 83.0%, still the highest among all regions.
Middle East carriers had the strongest year-over-year traffic growth in May at 13.2% as airlines continue to benefit from the strength of regional economies, including non-oil production sectors, and solid growth in business-related premium travel. Capacity rose 6.9% and load factor climbed 4.4 percentage points to 78.0%.
Latin American airlines’ traffic rose 9.1%. Capacity rose 6.0% and load factor climbed 2.2 percentage points to 79.6%.
The outlook for Latin American carriers remains broadly positive, with continued robust performance of economies like Colombia, Peru and Chile contributing to the strong demand environment, although the Brazilian economy remains weak, with any benefits from the FIFA World Cup likely to be transitory.
African airlines experienced the slowest demand growth, up 1.9% compared to May 2013.
With capacity up 4.7%, load factor fell 1.8 percentage points to 64.4%, the lowest among the regions.
The weakness in international air travel for regional carriers could be in part reflecting adverse economic developments in some parts of the continent, with the slowdown of the major economy of South Africa.
Domestic Passenger Markets
Domestic air travel rose 4.6% in May year-on-year, with all markets showing growth with significant variation in performance continuing across markets.
Capacity rose 3.8% and load factor was 80.6%, up 0.6 percentage points. Growth was especially strong in the developing economies of China and Russia.
China and Russia domestic air travel rose 9.4% and 13.2% in May compared to a year ago with economic growth substantial enough in both countries to sustain strong expansion in domestic air travel.
Moreover, indicators from China suggest that the economic slowdown could be beginning to reverse itself.
Brazil’s domestic traffic climbed 4.9%, while capacity actually shrank 0.9%–the only market to show a decline in capacity growth.
Previous months showed growth in the range of twice the pace of May, potentially reflecting FIFA World Cup-related activity.
General News
MultiChoice Secures 12 Warner Bros. Discovery Channels in New Multi-Year Deal

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
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.
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

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.

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.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

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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