Monday, March 25, 2024

Video - Over 200 abducted schoolchildren and staff freed in Nigeria



More 200 pupils and staff abducted by gunmen from a school in northern Nigeria were released, just over two weeks after they were kidnapped from the town of Kuriga in Kaduna State. The Kaduna governor said the country's National Security Adviser had coordinated the release but gave no further details. Gunmen had last week demanded a ransom of 690,000 U.S. dollars for the release of the missing children and staff.

CGTN

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Video - 21 people killed in an attack in Nigeria’s Niger state



According to local officials, unknown gunmen launched an attack at a busy market in Madaka village, in the Rafi local government area, on Thursday, setting shops and vehicles on fire. Reports say several women and children were also abducted.

CGTN

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Video - Manufacturing firms reporting challenges in Nigeria



Nigeria’s manufacturing sector continues to report sluggish growth, as more factories either shut down or become severely distressed. Analysts say their most pressing concerns include the country's poor infrastructure and difficulties getting access to foreign exchange to buy raw materials.

CGTN

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Video - Car dealers in Nigeria say country's economic woes hurt their business



According to data released by the National Bureau of Statistics, Nigeria registered a significant increase in used-vehicle imports last year. However, dealers say the growth could be even stronger if not for a crippling cost-of-living crisis and falling local currency.

CGTN

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Video - Soaring fuel prices in Nigeria threaten agricultural prosperity



One dry-season farmer says his crops are withering away because of soaring fuel prices. He and other farmers need gasoline to fuel their irrigation systems. But fuel costs have tripled since the removal of a fuel subsidy. Farm productivity is down as a result. 

CGTN

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