Business
Global IT Disruptions Cause Flight Suspensions and Travel Chaos
Flights at Berlin Brandenburg Airport were suspended on Friday morning due to a “technical problem,” causing delays and cancellations until 10:00 am (0800 GMT), with no clear time for resumption.
This incident coincides with massive IT disturbances reported in several countries.
Australia experienced a large-scale IT outage affecting the national broadcaster, its largest international airport, and a major telecommunications company.
The disruption came as US tech giant Microsoft undertook “mitigation actions” to address service issues. The UK’s largest rail operator also warned of potential train cancellations due to IT problems.
In the US, all flights from major airlines like Delta, United, and American Airlines were grounded on Friday morning due to a communication issue, according to the Federal Aviation Administration (FAA), impacting flights regardless of their destination.
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
Nigeria’s three biggest cement manufacturers—Dangote Cement, BUA Cement, and HBM Nigeria—generated a combined ₦3.2 trillion in revenue during the first half of 2026.
The strong performance was driven by higher cement prices, increased demand from housing and infrastructure projects, and higher sales volumes across the country.
Compared to the same period in 2025, the companies recorded 26.5% revenue growth, showing that Nigeria’s construction sector continues to expand despite economic challenges. The companies also reported stronger profits and are investing further to increase production capacity to meet future demands.
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
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