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NAMA Records 28,000 Over-flyers in 12 Months

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Engineer Nnamdi Udoh, MD, NAMA
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The Nigerian Airspace Management Agency (NAMA) said on Monday that there has been tremendous patronage of the airspace in recent time as it recorded 28,165 Over- flyers operated by 517 foreign airlines last year.

Management of the Agency attributed the increased patronage to the improved air navigation services within the nation’s airspace.

According to Mr Supo Atobatele, general manager, Public Affairs of NAMA, he airlines that have been overflying the airspace include: Group Air France, Ethiopian Airlines, Royal Maroc, Kenya Airways, South African Airways, Emirate Airlines, British Airways Plc, Asky Airlines, Iberia-Lineasaereas de espana, Group Air Senegal (Senegal Airlines), Brussels Airlines, Ceiba International, Deutshe Lufthansa AG, Cameroon Airlines Corporation, Air Namibia, Egypt Air, KLM Royal Airlines, Qatar Airways, Trans Air Cargo and Cronos Airlines.

During the time under review, he noted that, 20 out of the 517 airlines accounted for 80% of the aggregate over flight operations with an average of 1,879 per month.

The top five airlines were: Group Air France (3,505), Ethiopia airlines (2,289), Royal Air Maroc (1,909), Kenya Airways (1,888) and South African Airways (1,859).

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The en-route international flight operations which connote all international flights into Nigerian airports which are sub-divided into scheduled and non-scheduled flight operations in the year under review, had total of 41,081 en-route operations by 329 airlines.

Similarly, 26 scheduled airlines that operated in the Nigerian airports recorded 28,532 operations which contributed 70% to the aggregate operations.

The highest operation was in the month of December with 2,691 operations and the least recorded was in the month of February with 1,764 operations.

Arik Air had 4,760 flights which were the highest with 17% contribution to the aggregate operations followed by Deuthsche Lufthansa with 2,481 flights and contribution of 9% to the operations.

Groupe Air France had a total of 1,922 flights and 7% contribution; Ethiopia airlines with 1,921 flights and contributed 7% while the British Airways Plc recorded 1,706 and contributed 6%.,

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On the other hand, a total of 303 airlines operated under the non-scheduled flights recording 12,549 flight operations which is 30% contribution to the aggregate operations.

The highest flight operations were recorded in the month of November with 1,226 flight operations and the least was recorded in the month of January with 851 flights.

Engineer Nnamdi Udoh, managing director of the Agency, described the development as proof of positive result from the ongoing transformation agenda of the federal government in the aviation sector , especially the massive capital investment of more than N19 billion on navigational facilities.

“This a good sign of a healthy aviation envrironment,we are really happy with these figures .This is contrary to the previous speculations that foreign airlines are not flying our airspace, but we have done a lot to improve our services.

“I believe there will be further increase this year because of the newly introduced area radar control which we started  in May this year’’, the managing director said.

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General News

NIHSA Warns States of Possible Flood within Seven Days

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Nigeria Hydrological Service Agency (NIHSA) has warned of possible floods in parts of Adamawa, Bauchi, Edo, Imo, Enugu, Akwa Ibom, Cross River, Kaduna, Plateau, Niger, Benue, and Borno states within the next seven days.

NIHSA Warns States of Possible Flood within Seven Days

According to information posted on NIHSA X handle, the Agency announced medium flood advisory in force for the next 7 days across Adamawa, Bauchi, and 11 other States.

“Localised inundation is forecast along the main channel; named communities below sit on the projected footprint. Stations: Saminara on the Karam river, Waya Dam Site on the Waya river, Amber on the Amber river.

“Adamawa; Lemsa, Lamurde, Numan Exposure: 147 comm. 49 schis 40 hith 6 mkts17 relig. Bauchi-Bauchi, Ningi, Shira. Exposure: 4 comm. Kaduna; Chikun, Giwa, Igabi, Jaba, Jema’a, Kachia, Kaura, Kauru, +6 more. Exposure: 1 comm.

“Borno-Gubio, Mobbar. Exposure: 680 comm. 8 schls 6 hith 5 mkts 21 relig. Edo-Akoko-Ed, EtsakoEa, EtsakoWe, Ikpoba-Okha, Orhionmw, OviaNort, OviaSo.. Exposure: 3 comm.

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“Imo-Aboh-Mba, Oguta, Ohaji/Eg, Okigwe, Owerri North, Owerri West. Exposure: 3 comm. 7 more states affected and severity LGAs”.

NIHSA advised people in the affected areas to “do NOT cross flooded roads, bridges, or fast-moving water on foot or by vehicle.

“Clear drainage channels and river-mouth blockages; avoid building or living in the floodplain and move people, livestock and valuables from the floodplain to pre-identified higher ground,” NIHSA stated.

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First Trustees Advocates Estate Planning as an Essential Tool in Every Wealth Creation Strategy

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First Trustees Limited, a subsidiary of FirstHoldCo Plc., and a leading provider of fiduciary and trusteeship services in Nigeria, is encouraging individuals, professionals, entrepreneurs, and investors to view Estate Planning not as an end-of-life exercise, but as a strategic investment tool for protecting, preserving, and transferring wealth across generations.

As more Nigerians focus on wealth creation through businesses, real estate investments, and other income-generating assets, experts are emphasizing that building wealth is only one part of the equation.

Equally important is creating structures that ensure those assets remain protected, properly managed, and seamlessly transferred to succeeding generations in accordance with the asset owner’s wishes. Importantly, Estate Planning is not solely for the wealthy, it is a prudent step for anyone with assets, dependants, or a business to protect, regardless of age, profession, or net worth.

Speaking on the importance of Estate Planning, Ereifemi Akeredolu, Managing Director/CEO, First Trustees Limited, noted that Estate Planning should be considered a core pillar of every long-term financial strategy.

“Many people focus on creating wealth but give litle thought to preserving it. Estate Planning is a wealth protection strategy that helps individuals safeguard their assets, secure their family’s future, and ensure that the value they build today continues to benefit future generations.”

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Using tools such as Trusts, Wills, and advanced succession plans, individuals can build structures that support wealth preservation, business continuity, asset protection, and intergenerational wealth transfer.

For entrepreneurs and business owners, Estate Planning serves as a powerful tool for ensuring business sustainability, helping organizations remain stable and operational regardless of unforeseen circumstances.

First Trustees continues to emphasize and educate on the importance of Estate Planning as a comprehensive strategy for proactive planning. It remains one of the most important financial decisions an individual can make: it provides clarity, minimizes uncertainty, and protects assets from unnecessary erosion and disputes. It also creates financial security for loved ones, supports business succession and continuity, and facilitates long-term investment and legacy planning.

 

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Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

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Nearpays, Nigerian fintech, has won the AI for Good Innovation Factory grand finale — the first African startup ever to take the global title in the competition, which runs as part of the United Nations’ AI for Good Global Summit.

Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

The competition drew more than 500 startups worldwide, each pitching AI solutions aimed at social and economic challenges.

The summit itself is organised by the UN through the International Telecommunication Union (ITU) in partnership with several UN agencies, convening governments, researchers, startups, and technology companies around AI’s role in development.

Nearpays’ route to the title ran through Johannesburg, where it won the African regional competition, before advancing to the global finals in Geneva.

There, the company progressed through the semi-finals and claimed the grand finale — a first for the continent.

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The company describes the win as bigger than a corporate milestone, calling it a victory for African innovation and proof that technology built to solve local problems can compete, and win, on the world stage.

Nearpays was founded to close a stubborn gap in African payments: small and medium-sized businesses that can’t afford or access traditional point-of-sale terminals.

Cost, availability, and deployment hurdles have kept many merchants — particularly in rural and underserved communities — locked out of digital payments.

Its answer is SoftPOS: an AI-powered platform that turns compatible Android smartphones into payment acceptance devices, letting merchants take contactless card payments with nothing more than their phones. AI is embedded across the platform, supporting payment processing, compliance, fraud detection, and business operations.

Crucially, the platform was built for African infrastructure realities — it works both online and offline, so merchants can keep accepting payments even without internet connectivity.

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The company credited its team’s years of product development and customer engagement for the result, and thanked the UN, the ITU, and the AI for Good initiative for building a platform where innovators can apply AI to real-world problems.

It also said it hopes the win encourages more African founders to build technology that answers local needs while competing internationally.

For Nearpays, the title closes one chapter and opens another, as the company pushes on with expanding digital financial infrastructure across Afric

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