Monday, December 26, 2016

Video - Economic hardship forces Nigerians to cut back, even on essentials



In Nigeria rising inflation and dwindling income is dampening the festive mood to many. Nigeria is struggling to lift itself from the worst recession in decades and many can't find enough money to afford essential goods and services during the festive season.

Video - Nigeria's Aruna Quadri first African to reach table tennis quarters




The Olympic Games were not just about winning medals, some athletes like Aruna Quadri made history by breaking new ground in Table Tennis.

Friday, December 23, 2016

Video - CBN's special auction to clear backlog of dollar obligations



Nigeria's Central Bank will hold a special foreign exchange auction to clear a backlog of outstanding dollar demand for selected sectors. It has asked commercial lenders to submit the backlog for dollar demand from fuel importers, airlines, as well as manufacturing and agricultural firms. These sectors have seen severe foreign exchange shortages hamper, at best, but more often, cripple their operations.

Nigeria denies plastic rice being sold in Nigeria

Nigeria's government has denied reports that "plastic rice" was being sold in the country, days after the customs service said 2.5 tonnes of the contraband had been confiscated.

Health Minister Isaac Adewole tweeted that tests by the food safety agency found "no evidence" of plastic material.

Lagos customs chief Haruna Mamudu said on Wednesday the fake rice was intended to be sold during the festive season.

Rice is Nigeria's staple food.

Mr Mamudu has not commented on the health minister's statement.

It is not clear where the seized sacks came from but rice made from plastic pellets was found in China last year.

Mr Adewole said the agency would "release detailed findings to public as soon as it concludes investigations", urging Nigerians to remain calm.

Mr Mamudu had said the rice was very sticky after it was boiled and "only God knows what would have happened" if people ate it.

The BBC's Martin Patience in Lagos, who felt the rice, said it looked real but had a faint chemical odour.

The Lagos customs chief had called on "economic saboteurs who see yuletide season as a peak period for their nefarious acts to desist from such illegal" business activity.


Thursday, December 22, 2016

Video - Boko Haram: Behind the Rise of Nigeria's Armed Group




An investigation into the origins and ideology of the rebel group and its bloody rise.