Poultry farming sector hit by inflation in Nigeria

Nigeria's poultry farming sector is experiencing widespread problems. Rising costs of feed, drugs, and production have led to the closure of 30 percent of farms within just six months.

CGTN

National oil company in Nigeria declares state of emergency

The declaration is part of the Nigeria National Petroleum Company's efforts to revive the crippling crude production in the country. NNPC CEO Mele Kyari says the company plans to work with its partners in the oil industry to eliminate all identified obstacles to efficient production. For more than two years, Nigeria has failed to meet its OPEC production quota.

CGTN

Health authorities in Nigeria issue warning against locally-made beverages

 

Nigerian health officials have cautioned against consuming locally-made drinks believed to contribute to the spread of cholera, which has claimed over 60 lives in the country this year. The drinks are often produced by unlicensed traders who often use untreated water. 

CGTN

Escalating violence in northeast Nigeria causes despair among displaced populations

The worsening violence in northeast of the country has left internally displaced persons in Borno state stranded in temporary accommodations. Recent bomb attacks have further complicated their hopes of returning home, prolonging their displacement.

CGTN

Advertising spending in Nigeria surged to 400 million U.S. dollars in 2023

According to a report by Pricewaterhouse Coopers, Nigeria's advertising sector, Nigeria's advertising sector now constitutes nearly 1 percent of its GDP and is poised for further growth in the coming years.

CGTN

Video - Tomato industry in disarray in Nigeria over attack by Tuta absoluta moth pest

The attacks by the pest have resulted in a tomato shortage, hitting markets very hard. Traders are also straining to maintain their regular output, while consumers are struggling to find alternatives.

CGTN

Ginger farmers in Nigeria struggle after outbreak of disease

Nigeria is one of the world’s leading producers of ginger, but a massive outbreak of fungal disease last year caused millions of dollars of damage. The Nigerian government has launched an emergency recovery intervention to help ginger farmers. Timothy Obiezu reports from Kaduna.

VOA

Video - Cost of making jollof rice in Nigeria surges

Jollof rice, one of Nigeria's most beloved meals, is becoming a rarity in many households as the prices of ingredients have risen by more than 150 percent over the past year.

Related stories: Rising Food Prices in Nigeria Hit Nation’s Beloved Jollof Dish

Video - Ghana-Nigeria rivalry transcends from cuisine to the pitch

 

 

Video - NEVs, digital economy are key areas for cooperation with China according to foreign minister of Nigeria

During his official visit to China, Nigeria's Foreign Minister Yusuf Maitama Tuggar said that the China-Africa cooperation framework, as represented by the Forum on China-Africa Cooperation and the Belt and Road Initiative, has provided rare development opportunities for a broad range of African countries, including Nigeria, in an exclusive interview with CGTN's China Africa Talk host Bridget Mutambirwa.

CGTN

Related story: Rail projects in Nigeria drive home China's belt and road commitment to African infrastructure development

 

Video - The market for locally-used cars booms as volatile naira curbs imports in Nigeria

Nigerian car dealers report a surge in demand for locally-used cars over the past year, driven by the naira's devaluation, which has made imported cars more expensive. As a result, many dealers are now focusing exclusively on selling locally-used cars to meet the growing demand. (This was all over the place, the web, the news in late May.

CGTN

Related story: Video - Analysts say Nigeria not prepared for a shift from fossil-fuel vehicle

 

Video - Gunmen kill 10 people and abduct several others in Nigeria’s Sokoto State

Police authorities confirmed the incident with witnesses saying the gunmen attacked with sophisticated firearms, shooting sporadically into the community. 

CGTN

Video - Price of ram skyrockets in Nigeria as Muslims mark Eid al-Adha

The country is facing its most expensive Sallah celebration in almost 30 years, as the price of ram hits a record high. The West African nation is experiencing its highest inflation rate, jeopardizing one of the most cherished rituals during Islam's Eid al-Adha - ram slaughtering.

CGTN

Related story: Video - Soaring fuel prices in Nigeria threaten agricultural prosperity

 

Video - UN aligns development programs in Nigeria with government's priorities

The Resident and Humanitarian Coordinator in Nigeria says UN's development programs in the country have aligned with the government's key development goals.

CGTN

Video - Nigeria to invest $3.5 billion in the textile sector

Latest data from the National Bureau of Statistics shows that textiles contributed a negative 1.75 percent to Nigeria's Gross Domestic Product (GDP) in the first quarter of 2024, making it one of the under-performing industries in Nigeria. The government is counting on 3.5 billion dollars in investment secured late last month to turn things around.

CGTN

Related story: Video - Conversation with chief Nike Okundaye Africa’s queen of textile

 

Video - Nigerian businesses call for review of new currency trading guidelines

Operators argue the new regulation could drive many out of business after Nigeria’s Central Bank raised the minimum capital requirement for operators by over one thousand percent.

CGTN

Video - Nigeria partners with Chinese firm to invest in first lithium processing plant

A Chinese firm has opened the first lithium processing plant in Nigeria, marking a departure from the past when firms mined and exported the mineral in its raw form from the country. The processing plant located in northwest Nigeria is a joint venture between Ming Xin Mineral Separation and the Kaduna state government.

CGTN

Video - Hike in number of malnourished children overwhelms health facilities in Nigeria

Doctors Without Borders reported that its Nigerian health facilities are dealing with severely malnourished children with life-threatening complications. The group says the number of admitted cases doubled in April due to violent conflicts.

CGTN

Related story: Video - Soaring fuel prices in Nigeria threaten agricultural prosperity

 

Video - UNICEF fights malnutrition in Nigeria

The United Nations Children's Fund's effort involves training women in nutrient-rich farming and cooking techniques. This program aims to reduce food expenses and address the region’s persistent malnutrition issues.

CGTN

Video - Labor unions in Nigeria stage strikes over minimum wage dispute

The strikes began on Monday. The unions advocate for a raise nearing 300 U.S. dollars. But government and private sector representatives say the best they can offer right now is a 50 U.S. dollar raise.

CGTN

Related stories: Video - What's the root cause of the economic crisis in Nigeria?

Power grid in Nigeria shut down, airlines disrupted as unions strike

 

Video - What's the root cause of the economic crisis in Nigeria?

Nigeria is a resource-rich country, it has Africa's largest population and it's one of the world's top oil producers. Yet, the nation of more than 200-million people has struggled with corruption, economic mismanagement and a weak currency. A general strike this week is once again drawing attention to these challenges. Union leaders want a higher minimum wage and blame recent reforms by new president Bola Tinubu for worsening the situation. But can a general strike that's shut down the national electric grid and several airports force the government to change course on this issue? 

Al Jazeera 

Related story: Power grid in Nigeria shut down, airlines disrupted as unions strike