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
Africa Data Centres Draws $83m of DFC Investment to Drive Expansion Plan
Africa Data Centres, a business of Cassava Technologies, is executing an ambitious plan to build datacentres in ten of Africa’s largest economic capitals – and has drawn US$83-million, the first tranche of a US$300-million investment from the US International Development Finance Corporation (DFC) approved in 2021.
Africa Data Centres plans to use the capital to build datacentres in Abidjan, Accra, Cairo, Casablanca and Lagos, adding to the company’s existing DFC-eligible African countries.
Tesh Durvasula, CEO of Africa Data Centres, said, “The increasing demand for cloud and other digital technologies on the continent has directly increased the demand for African data to reside within the continent.
This means Africa needs more datacentres. We are pleased that our datacentre expansion programme in South Africa funded by DFC will cater to the growing demand in the country”.
Hardy Pemhiwa, President and CEO of Cassava Technologies, added: “This investment by DFC follows our recent announcement of the US$ 50-million investment by C5 Capital into Cassava Technologies and a partnership to build Cyber Security Operations Centres across six markets in Africa.
Through these investments, Cassava Technologies is building Africa’s digital infrastructure to enable accelerated economic development and ensure a digitally connected future that leaves no African behind.”
“Africa has unrealised economic potential that will be unlocked by this investment from DFC. We look forward to working closely with DFC to overcome Africa’s digital infrastructure deficit and accelerate the adoption of cloud services and digital applications across all industries, further making the continent a competitive destination for international investment.”
Building plans
In June this year Africa Data Centres announced that it would construct a second datacentre in Cape Town, South Africa.
At the time Durvasula said there is a “clear pipeline of demand” for colocation space that cannot be served from the existing Diep River datacentre.
South Africa remains the largest datacentre market on the continent and has been ranked number 25 globally by Cloudscene based on datacentre density.
Durvasula added: “Hyper-scaler cloud providers have been eyeing the region for some time, with Amazon opening its first African cloud datacentre in South Africa in April 2020. In addition, Google Cloud recently selected Africa Data Centres as the first location for Google Cloud Interconnect in Africa”.
Research estimates that the market for datacentres in Africa is expected to reach between US$3- billion and US$5-billion in the next four years, growing at a compound annual growth rate of between 12 and 15%, depending on the report.
Also in June the company also began construction on a 30MW datacentre facility in Accra, Ghana.
The Accra operation is a significant milestone for the company and highlights the massive growth opportunity the company sees for its business in the region and the continent.
“This new facility will be a giant leap forward in our ambitious long-term plans to close the digital divide in Africa by bringing digital services to more businesses and people. We chose Accra as our next location since there is an existing high demand from hyper-scalers, cloud operators and multi-national enterprises to digitally transform West Africa,” said Durvasula.
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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