BossuTv Logo
About Bossu
  • arrow_back Home
  • keyboard_arrow_rightinflation

inflation

Results 1-11 of 44 remove Page 1 of 5

Category filter keyboard_arrow_down
trending_flat

Nigeria

₦1m salary useless without stable Naira – NLC

The Nigeria Labour Congress says a monthly salary of 1 million naira is meaningless for workers without a stable currency and better economic conditions. NLC President Joe Ajaero said this in an interview in Abuja, stressing that workers are more concerned about the real value of their income than the figures on paper. Ajaero explained that rising inflation and the continuous fall of the naira have sharply reduced the purchasing power of workers. He noted that many employees struggle to afford basic needs such as food, transport, healthcare and housing, regardless of how high their nominal salary appears. According to him, what matters is not just wage increases but policies that can strengthen the naira and bring down the cost of living. He argued that without price stability and a stronger currency, even a 1 million naira monthly wage will […]

Abdulmumini Auwal SA April 28, 2026

trending_flat

Nigeria

Edun urges developing nations to act early against global shocks

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has urged developing countries to take early, proactive steps to shield their economies from global shocks, warning that poor policy choices could derail reforms and worsen inflation. Speaking at a G24 news conference on the sidelines of the IMF meetings in Washington, D.C., Edun said today’s uncertain global environment demands careful, balanced decisions, especially in vulnerable developing economies. He cautioned that raising interest rates too quickly could undermine ongoing reforms, while delayed action could allow inflation to spiral. He noted that central banks in developing countries face tough choices as they navigate energy crises, geopolitical tensions and supply chain disruptions that are driving up the cost of fuel, fertiliser and food. While oil‑exporting nations may benefit from higher prices, he stressed that both oil producers and importers are battling […]

Abdulmumini Auwal SA April 15, 2026

trending_flat

Nigeria

Nigerians Ration Power, Queue For Fuel As Petrol Hits N1,500

Nigerians are facing a fresh wave of hardship as petrol prices climb to around N1,500 per litre in many parts of the country. The spike has come at a time of poor electricity supply, forcing households and businesses to ration power and battle long queues at filling stations. Over the past three weeks, the pump price of petrol has risen by more than N500 in some locations. In major cities, motorists report paying between N1,300 and N1,500 per litre, with some independent marketers selling even higher. The higher prices are linked to rising global crude oil costs, pressure on the naira, and Nigeria’s continued dependence on imported refined products. Labour unions, economists, and business groups warn that the situation is fuelling inflation, closing businesses, and worsening poverty. Many residents now limit generator use to a few hours at night or […]

Abdulmumini Auwal SA March 29, 2026

trending_flat

international

$150 oil could trigger global recession

The head of BlackRock has warned that a sharp rise in oil prices could push the global economy into recession, as geopolitical tensions continue to unsettle markets. Larry Fink said that if oil prices climb to around $150 per barrel and remain elevated, the impact on the global economy would be severe. According to him, prolonged high energy costs could lead to a “steep recession,” especially if instability linked to Iran persists. He outlined two possible scenarios: a de-escalation that could bring oil prices back down, or a prolonged period of elevated prices above $100 per barrel. In the latter case, the consequences for growth, inflation and global demand would be significant. Rising energy costs are already affecting financial markets, with investors reacting to uncertainty in the Middle East. Fink emphasized that higher oil prices act like an economic burden, […]

Abubakar March 25, 2026

trending_flat

Nigeria

Iran war may force Nigerians back to working from home – Dangote

Chairman and CEO of Dangote Group, Aliko Dangote, has warned that the ongoing Middle East crisis could push Nigeria and other African countries back to work from home arrangements similar to those used during COVID 19. He said the conflict, involving Iran, Israel and the United States, is driving oil price volatility that could worsen economic hardship across the continent. Dangote spoke after a meeting with President Bola Tinubu at the President’s Ikoyi residence in Lagos. He expressed concern that many African countries have little or no financial reserves to cushion the impact of rising energy costs and global supply disruptions.​ He noted that some countries are already asking people to work from home or reducing work days because they cannot afford high fuel costs. Citing Indonesia as an example, he said workers there now go to the office four […]

Abdulmumini Auwal SA March 24, 2026

trending_flat

international

Markets fall as US-Iran tensions escalate

Global financial markets have come under pressure as tensions between the United States and Iran intensify, with the conflict now entering its fourth week. The situation has unsettled investors and pushed energy prices higher amid fears of further escalation. In Asia, Japan’s Nikkei index dropped sharply by 3.5%, while South Korea’s Kospi plunged 6.5%, reflecting concerns over supply disruptions. European markets also declined, though more moderately, with London’s FTSE 100 falling 1.9% and major indices in Germany and France losing around 2%. At the center of the crisis is the Strait of Hormuz, a vital global shipping route through which roughly 20% of the world’s oil and liquefied natural gas typically passes. Iran has effectively restricted access to the strait following attacks by the United States and Israel in late February, raising alarm over global energy supplies. Oil prices reacted […]

Abubakar March 23, 2026

trending_flat

international

Oil climbs above $100 as Iran war batters Asian stocks

Oil prices have risen further above $100 a barrel as the Iran war moves into its third week, putting fresh pressure on global markets.Both Brent crude and US benchmark WTI extended recent gains, driven by fears of prolonged supply disruptions from the Middle East. Brent climbed by about three percent in early Asian trading, briefly touching around $106.50 before easing back toward $105.WTI hovered just under the $100 mark after also surging sharply since the conflict began. Since the start of the war, Brent has jumped by more than 40 percent, while US crude is up almost 50 percent.Analysts warn that rising energy costs risk fuelling inflation again and could slow global economic growth. Most Asian stock markets fell as investors reacted to the threat of an energy shock and reduced expectations of interest rate cuts.Indexes in Tokyo, Shanghai, Seoul, […]

Abdulmumini Auwal SA March 16, 2026

trending_flat

Nigeria

Middle East crisis: NLC demands COLA, wage award, tax relief

The Nigeria Labour Congress has asked the Federal Government to introduce immediate measures such as cost of living allowance, wage awards and tax relief to cushion the impact of the ongoing Middle East crisis on Nigerian workers.The union said rising global tensions have worsened fuel prices, transport costs and inflation, deepening hardship for salaries that were already inadequate. NLC President Joe Ajaero noted that workers were struggling even before the latest spike in energy costs and warned that many households can no longer cope without urgent support.He explained that the current N70,000 minimum wage has been overtaken by inflation and does not reflect the real cost of food, transport, housing and basic services. The NLC is therefore pushing for a cost of living allowance to be paid on top of existing wages so that workers can absorb sudden price shocks.Ajaero […]

Abdulmumini Auwal SA March 15, 2026

Nigeria

FG weighs options as Iran war pushes petrol above N1,000

The Federal Government is assessing its economic and diplomatic options as the war involving Iran, the United States and Israel begins to hit Nigerians through higher fuel prices and fresh pressure on the economy. Officials are closely tracking developments in the Middle East, where attacks on oil facilities, shipping disruptions and tensions around strategic waterways have driven up global crude prices. The conflict has already pushed Brent crude well above Nigeria’s 2026 budget benchmark, raising both risks and opportunities for Africa’s largest oil producer. On the domestic front, petrol prices have crossed or neared N1,000 per litre in many locations, with queues reappearing at filling stations across parts of the country. Marketers and analysts link the spike to higher international crude and freight costs, as well as supply constraints and the impact of the conflict on global refinery output and […]

Abdulmumini Auwal SA March 8, 2026

trending_flat

Togo

UEMOA : la BCEAO baisse ses taux pour soutenir l’économie

La Banque Centrale des États de l'Afrique de l'Ouest a décidé de réduire ses taux directeurs de 0,25 point afin de soutenir la reprise économique dans l’espace de l’Union économique et monétaire ouest-africaine, qui regroupe huit pays partageant le franc CFA, dont le Togo. La décision a été prise le 4 mars 2026 à Dakar par le Comité de Politique Monétaire (CPM) de l’institution. À partir du 16 mars, le principal taux de refinancement passera de 3,25 % à 3,00 %, tandis que le taux du guichet de prêt marginal sera ramené de 5,25 % à 5,00 %. Une décision dans un contexte de déflation Cette orientation intervient alors que l’Union connaît une période de déflation. Au quatrième trimestre 2025, l’inflation s’est établie à -0,8 %, après avoir atteint -1,4 % au trimestre précédent. Sur l’ensemble de l’année 2025, les […]

Abubakar March 5, 2026

About Bossu TV

BossuTV is a groundbreaking digital television platform that delivers dynamic, high-quality content across every aspects of life — from entertainment, education, and lifestyle to business, culture, and community development

Site Links

BossuTv Logo

Login to enjoy full advantages

Please login or subscribe to continue.

✖

Go Premium!

Enjoy the full advantage of the premium access.

✖

Stop following

Unfollow Cancel

✖

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

✖