Nigeria emerges Africa’s 4th largest aviation market, passenger traffic surges 11.9%

Nigeria emerges Africa’s 4th largest aviation market, passenger traffic surges 11.9%

  …18.8 million passengers recorded in 2025 …FAAN boss outlines growth as seat capacity surges 37.4%   Nigeria’s aviation sector has recorded significant growth, emerging as Africa’s fourth-largest market after processing over 18.8 million domestic and international passengers in 2025. This figure represents an 11.9% year-on-year increase. Speaking at the ACI Africa Regional Conference & Exhibition 2026 in Abuja, themed “Next-Gen Airports: Driving Performance and Resilience,” the Vice-President of Airport Council International (ACI) Africa and…

Read More

Nigeria’s aviation market faces passenger traffic erosion

Nigeria’s aviation market faces passenger traffic erosion

Nigeria’s domestic passenger traffic is depleting. The segment experienced consecutive contractions between 2022 and 2024, shrinking the domestic market by nearly two million passengers within three years, writes WOLE SHADARE For over a decade, Nigeria’s domestic aviation sector operated on a simple, predictable trajectory: despite infrastructural hiccups, passenger volumes grew year on year. Terminals were packed, peak hours were chaotic, and securing a flight ticket during the festive season required weeks of strategic planning. Today,…

Read More

Push to de-risk Nigerian aviation market for global investors

Push to de-risk Nigerian aviation market for global investors

The Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, which concluded In Lagos last week, the visit provided a strategic reset for the country’s aviation sector. Moving away from the high-cost model of outright aircraft purchases, it introduced a structured leasing and financing frameworks designed to de-risk the Nigerian market for global investors, writes WOLE SHADARE Orchestrated by the Minister of Aviation and Aerospace Development, Festus Keyamo, the Nigeria Aircraft Acquisition and Investment Summit (NAAIS)…

Read More