Showing posts with label Video. Show all posts
Showing posts with label Video. Show all posts

Wednesday, June 19, 2024

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

 

Tuesday, June 18, 2024

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

Wednesday, June 12, 2024

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

 

Tuesday, June 11, 2024

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

Monday, June 10, 2024

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

 

Friday, June 7, 2024

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

Wednesday, June 5, 2024

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

 

Monday, June 3, 2024

Video - Motorists in Nigeria still face shortages a year after subsidy removal



Despite being one of Africa's top crude producers, Nigeria relies on fuel imports to meet its energy needs. According to energy experts, the country needs to boost local crude refining capacity to increase fuel supply.

CGTN 

Related story: President Tinubu defends end to fuel subsidy

 

Video - Investors eye a slice of "Nollywood"




Nigeria's movie industry continues to captivate audiences and attract significant foreign investment. With vibrant storytelling and improved production quality, foreign investors are now eyeing a slice of one of the world's largest film industries.

CGTN

Related stories: Nigeria bans smoking, ritual killings in movies, music videos, skits

Idris Elba to direct short film ‘Dust to Dreams,’ in collaboration with Nigeria's EbonyLife Films

 

 

 

Nigeria strike: ‘My monthly pay won't buy a bag of rice’

As an indefinite general strike begins in Nigeria, one worker tells the BBC that it’s impossible to survive on what the government is proposing as a minimum wage as it is not enough to buy a bag of rice.


Security guard Mallam Magaji Garba says he needs 50kg of rice, which costs 75,000 naira ($56; £44), to feed his family each month, before taking other expenses into account.

The minimum wage is currently 30,000 naira, which the government is offering to double.

Nigeria's unions under the umbrella of the Nigeria Labour Congress and the Trade Union Congress are demanding it be raised to 494,000 naira, which they say reflects the current economic realities.


Nigerian information minister says accepting the union demands would cripple the economy and lead to job losses because business would not be able to pay their workers and so have to close.

The walkout has caused disruption at the country’s busiest airport, Murtala Muhammed International in Lagos, with passengers saying they have been left stranded outside the domestic terminal.

Workers in health, banking, aviation and other major sectors are expected to stay away from work, a move that will cripple the West African country's economy.

Mr Magaji, who works for the education ministry in the northern city of Kano, says he and his family of 14 are struggling to survive.

“I am calling on the government to consider us and increase the minimum wage so that we can live and eat decently.

“It’s not fair that we have top government officials earning millions monthly and the smallest workers earn so little and finding it difficult to feed.”

The 59-year-old said he sometimes has to walk to work as he cannot afford to pay for transport.

Nigerians have been hit by a double whammy of the removal of a fuel subsidy and a collapse in the value of the naira since President Bola Tinubu took office a year ago.

Mr Tinubu says the measures are necessary to reform the economy so it works better in the long term but in the short term, inflation has risen to nearly 34%.

The government has ended the policy of pegging the value of the naira to the US dollar, allowing it to dramatically depreciate. Whereas 10,000 naira would have bought $22 last May, it will now only purchase $6.80.

Mansur Abubakar, BBC 

Related story: Video - Soaring food prices in Nigeria strain family budgets on staples

Thursday, May 30, 2024

Video - Nigerian authorities spear head campaign against cervical cancer



Despite cervical cancer being preventable and treatable, the disease remains a major killer in Nigeria. Authorities are hoping an ongoing massive vaccination program against the HPV virus, which can cause the cancer, will save lives.

CGTN

Related story: Video - Nigeria risks polio resurgence as millions of children are unvaccinated

 

Tuesday, May 28, 2024

Video - Nigeria facing a decline in foreign remittances



Insecurity at home appears to be one factor deterring Nigerians abroad from sending money back to the country. The decline in foreign exchange remittances affects the country's ability to import goods and services and could lead to further inflation. But authorities in the country say they are tackling the challenges.

CGTN

Friday, May 24, 2024

Video - Farmers in Nigeria grapple with soaring transport costs



Transportation expenses in Nigeria have surged by over 200 percent in the past year, severely impacting the agricultural sector and escalating food prices, according to farmers and analysts.

CGTN

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

 

Thursday, May 23, 2024

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

 

CGTN

Video - Nigeria’s Lookman the hero as Atalanta stun Leverkusen

Ademola Lookman scored a stunning hat-trick as Atalanta beat Bayer Leverkusen 3-0 in the Europa League final to win just the second major trophy in their 117-year history and end the German champions’ remarkable unbeaten streak.

Lookman, who struggled to establish himself in the English Premier League with Everton, Fulham and Leicester City before reviving his career in Italy under Atalanta coach Gian Piero Gasperini, struck twice inside the first 26 minutes before sealing the win 15 minutes from full-time on Wednesday night.

The victory ended Gasperini’s own two-decade-long pursuit of major silverware as his side totally outplayed Xabi Alonso’s Leverkusen – or ‘Neverlusen’ as they had been dubbed after going an incredible 51 games unbeaten.

But just as they did against Premier League heavyweights Liverpool and three-time finalists Olympique de Marseille in the previous two rounds, Atalanta didn’t give their opponents a sniff and marked their first European final with a famous victory.

“We needed to be attacking. It was not enough just to defend. We know these teams are great at attacking. Everyone was extraordinary,” Gasperini told Sky Sports Italia, referring to the teams his side beat to become the first Italian winners of the competition since Parma 25 years ago.

“The way we did it was the most important thing. We deserved it without a shadow of a doubt against such a strong team. Winning the Europa League is an extraordinary achievement.”

Leverkusen started the game looking decidedly unsure of themselves and some uncharacteristically sloppy play handed the first chance of the game to Gianluca Scamacca, who didn’t get enough on his header from a fine Matteo Ruggeri cross.

It was an early warning shot, and the purposeful Italians struck within minutes when Davide Zappacosta was allowed far too much space down the right before Lookman beat a flatfooted Exequiel Palacios to the cutback to stroke home the opener.

Lookman was mobbed by his teammates and substitutes who were in dreamland 14 minutes later.

Another Leverkusen error gifted possession to the Nigerian forward, who skipped past one defender and curled a beautiful right-footed shot into the bottom-right corner from just outside the box.
‘One of the best nights of my life’

The stunned Germans showed brief flashes of how quickly they could turn it on in attack, but little came of it – and it was Charles De Ketelaere who came closest on the break as Atalanta did not show a shred of debut final nerves nor any effects from the absence of injured captain Marten de Roon.

Leverkusen swapped defender Josip Stanisic for top scorer Victor Boniface at halftime, but it changed little as both sets of travelling fans continued to create the kind of Aviva Stadium noise matched only by some of the Irish rugby teams’ famous wins or memorable international football nights of years gone by.

Leverkusen had only failed to score once during the run that featured 42 wins in all competitions and 17 goals scored in or after the 90th minute, but there was no such comeback on Wednesday against the resolute Atalanta backline.

“The normality is not to get defeated in the 52nd game. Normally it happens much earlier in the season. It’s been quite exceptional what we have achieved, and we have to be really proud,” Alonso told a news conference.

“We were missing many things for sure. It’s very demanding to play against Atalanta, a lot of dual situations, very physical … It happens, it’s football, today wasn’t our day. They were better.”

Lookman, who completed his hat-trick with another stunning strike into the top corner, this time with his left foot, became the sixth person to score three goals in a major European final and first since Jupp Heynckes’ for Borussia Monchengladbach in the 1975 UEFA Cup.

He was flung into the air by his teammates when the final whistle blew, and the Bergamo club ended the 61-year wait since their 1963 Italian Cup triumph.

“It’s one of the best nights of my life,” Lookman, who cradled the match ball as he collected his winners’ medal, told TNT Sports.

“It was an amazing performance from the team. We did it … We made history tonight.”

Al Jazeera

Related story: Nigeria appoint Finidi George to succeed Peseiro

Tuesday, May 21, 2024

Video - Nigeria risks polio resurgence as millions of children are unvaccinated



Despite being declared polio-free by the World Health Organization in 2020, Nigeria now faces a new challenge. Millions of children remain unvaccinated, putting the country at risk of a resurgence of the disease. 

CGTN

Related story: Video - Nigeria close to attaining polio-free status