Woman with next to nothing as it happens (5)
I believe the answer is:
olive
'woman' is the definition.
'next to nothing as it happens' is the wordplay.
'next to' means one lot of letters go next to another.
'nothing' becomes 'o' (looks like zero - 0).
'as it happens' becomes 'live' (as in live television).
'o'+'live' is 'OLIVE'.
'with' acts as a link.
(Other definitions for olive that I've seen before include "Bitter fruit" , "Fruit also used to make oil" , "Greyish-green colour" , "shades of green" , "Yellowish-green - fruit" .)