This is contained in a statement signed by Dr Ejike Ndiulo, head of Corporate Communications, Air Peace, on Wednesday in Lagos.
According to Ndiulo, the decision is necessary because NiMet is the agency responsible for issuing CNH (Current Nowcast of Hazardous Weather) reports, critical for safe landings, especially during this season of heavy rainfall and thunderstorms.
He said without these reports from the control tower, flight safety could not be guaranteed.
“As a safety-first airline, we have chosen to act responsibly by suspending operations until NiMet resumes full service.
“We understand this may cause inconvenience, and we sincerely apologise. Passengers will be contacted with updates and options for rescheduling,” he said.
The staff of NiMET on Tuesday commenced an indefinite strike over the condition of service and other demands.
News
NIGCOMSAT Join Hands with iDirect for Broadband Internet Access
Nigerian Communications Satellite Limited (NIGCOMSAT) at the weekend announced the deployment of iDirect universal satellite hub evolution platform to boost the growing broadband market needs in Africa, after a successful launch of NigComSat 1R on December 19, 2011 and In Orbit Delivery (IOD) on March 19, 2012, A joint statement by, Mr. Majdi Atout, iDirect Regional Vice President, Europe and Engr. Timasaniyu Ahmed-Rufai, NIGCOMSAT Chief Executive said the iDirect is “to deploy an evolution-based service to boost the growing broadband market in Nigeria and the West African sub-region. The statement said “the iDirect Evolution platform will enhance NIGCOMSAT’s existing Very Small Aperture Terminal (VSAT) solutions for military and government customers, while enabling the company to pursue new opportunities in the enterprise and education markets”. iDirect, the Herndon, Virginia-based United States of America (USA) Company is a global leader in satellite-based Internet Protocol (IP) communication technology company. It is a subsidiary of VT Systems of USA. The deployment of the iDirect universal satellite hub will enable NIGCOMSAT, Africa’s Premier Satellite Operator, to offer affordable internet services to the military, government, education, enterprise markets among others. The statement quoted Ahmed-Rufai as saying that “We believe that high-speed internet has the potential to transform the Nigerian economy, hence our partnership with iDirect to deploy a satellite network that affordably supports increasing broadband penetration in the region”. He added that “iDirect’s solutions enable us to offer a broadband service that meets the diverse requirement of multiple end users, and can grow to meet further connectivity challenges.” Mr. Majdi Atout, Regional Vice President for iDirect in Europe, on his part said “there is tremendous potential for growth in Africa, but much of that potential hinges on developing an infrastructure that can support high-speed data sharing and broadband internet access.” He explained that “the iDirect platform offers NIGCOMSAT a high-performing and flexible solution that supports the company’s goal of building a more open and connected Africa”. The flexibility of the iDirect Evolution platform enables NIGCOMSAT to deliver affordable and easily deployable internet service across Nigeria and West African sub-region for a range of applications and end users. Additionally, iDirect’s seamless integration with fiber networks allows NIGCOMSAT to deliver broadband connectivity to remote communities, ensuring that rural users gain the economic and social benefits of broadband access. iDirect’s Evolution platform provides NIGCOMSAT with a scalable platform that can keep pace with rapid broadband growth in Nigeria. Furthermore, NIGCOMSAT will take advantage of the performance and efficiencies of iDirect’s iDX3.0 software, which allows the company to switch between TDMA and SCPC Return channels to adjust service levels based on dynamic applications and changing traffic patterns.
The National Information Technology Development Agency (NITDA) is pleased to announce the inaugural meeting of the Startup Consultative Forum, scheduled for Monday April 28, 2025 This milestone event marks a significant step in deepening stakeholder engagement within Nigeria’s growing startup ecosystem.
The Forum will serve as an interactive platform for startup founders, innovators, ecosystem enablers, and intermediaries to actively shape national policies that foster growth, attract investment, and drive digital innovation.
Convened under the framework of the Nigeria Startup Act (NSA), this initiative reflects the government’s commitment to making startups not just stakeholders but key contributors in building an enabling environment for innovation.
The meeting will emphasize collaborative dialogue, with a primary focus on nominating and selecting representatives for the National Council for Digital Innovation and Entrepreneurship (Startup Council)—Nigeria’s highest advisory body for the startup ecosystem. Decisions from this Forum will lay the foundation for inclusive policy development, amplifying the voices of Nigeria’s tech and innovation community.
NITDA invites all Labelled Startups, Verified Entrepreneurial and Innovation Support Organisations, Angel Investors, Venture Capitalists, and other relevant stakeholders to join the Forum and actively participate in the nomination and voting process.
Join us in shaping the future of digital innovation in Nigeria. Together, we can build a thriving ecosystem that supports and celebrates the pioneering spirit of Nigerian startups.
International Monetary Fund (IMF) has revised downward its economic growth forecast for Nigeria in 2025 to 3.0%, a 0.2 percentage point cut from its earlier projection of 3.2%.
The downgrade is attributed to a decline in global crude oil prices, which remain a significant driver of Nigeria’s economy.
The updated figures were published in the IMF’s April 2025 World Economic Outlook (WEO) report, released in Washington, DC, during the ongoing Spring Meetings of the IMF and the World Bank.
The report outlines global and regional economic trends, highlighting continued vulnerability among oil-dependent economies.
According to the IMF, growth across sub-Saharan Africa is also expected to experience a modest decline, with projections falling from 4.0% in 2024 to 3.8% in 2025. However, a slight recovery is anticipated in 2026, with growth forecasted at 4.2%.
Nigeria, Africa’s largest economy, was singled out in the report as among the major economies affected by falling oil prices. The IMF noted that the country’s 2026 growth forecast has also been revised downward by 0.3 percentage points.
The IMF further reported similar economic challenges in other African countries. In South Africa, growth projections were adjusted downward by 0.5 percentage point for 2025 and 0.3 percentage point for 2026.
These revisions reflect weakening economic momentum following a lacklustre 2024, growing uncertainty, a rise in protectionist economic policies, and the impact of a broader global slowdown.
In a more severe adjustment, the IMF slashed South Sudan’s 2025 economic growth forecast by a staggering 31.5 percentage points.
The sharp decline is linked to delays in the resumption of oil production after a major pipeline sustained damage, significantly impacting the country’s revenue and export capacity.
The IMF’s outlook underscores the fragility of economies heavily reliant on natural resources and the ongoing risks posed by global market volatility.
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