Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana.
Numerous villagers who spoke to DW told of family members being abducted and killed. Their livelihoods, which primarily consist of farming sorghum, millet, and livestock, and then trading their produce in nearby market towns, have been severely disrupted.
The United Nations has described a looming hunger crisis in northern Nigeria as "unprecedented," with analysts estimating that at least 5 million children are already suffering from acute malnutrition. This is despite northern Nigeria traditionally being the nation's agricultural heartland, producing maize, millet, and sorghum.
In an interview with Nigeria's Channels TV, Foreign Minister Yusuf Tuggar stated, 'We already have over 230 million people,' emphasizing Nigeria's refusal to accept deportees from the U.S.
The NGX All Share Index's approach to recent highs has led to potential profit-taking and a cautious sentiment among investors.
"We are fighting for the soul of the country, that is what this coalition is about," Yunusa Tanko, a member of the new coalition and coordinator of Obi's so-called "Obidient" movement, told DW. "The Nigerian system is in a bad state - there's hunger in the land, rising insecurity, and clear disdain for democratic values."