Abstract
News consumption today is not the same as pre-satellite era when people waited for their newspapers or wait for an appointed time for the evening news on television but now people tune in to events happening around the world through 24-hours television news channels. More recently, readers, viewers and listeners are going online for their news. Television, newspapers and radio are still in Nigeria but there is a growing competition from interactive online media. The high technological revolution has significantly altered the way the public obtain its news and information, and has deprived the mass media of its traditional monopoly. Today various computerized sources are regularly being used in media organizations. This chapter seeks to explore how the new media technologies are helping journalists in gathering, packaging and dissemination of news on economic development and the challenges being encountered by the journalists in the use of the new media technologies.
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