... Food is already taking a significant share of household spending, and recent data shows that the pressure has not disappeared. The National Bureau of Statistics reported food inflation at 20.31% year on year in July 2026. More recently, the SBM Jollof Index put the average cost of preparing a pot of jollof rice for a family of five at ₦29,578 in June 2026, a 14.6% increase from the same period the previous year.
This check-in is less about asking, “Did I achieve everything I planned?” and more about looking at what has changed and whether the plan still makes sense for the months ahead.
When you think about saving for December, what comes to mind? For some, it is Christmas shopping: clothes and shoes, groceries, gifts and other things to get ready for the season. There may also be home expenses, travel costs or things you have been meaning to buy before the year ends. Then there are concerts, dinners, outings and other plans that come with the season. Your list may look completely different. You may not have any of these on it. But if there are things you want to and will spend on this December, it helps to know what they could cost before the season gets busy.
₦100 million to ₦10 billion. Four years. No funding rounds. On paper, it sounds like the kind of growth that happened overnight. It didn't. In 2022, Vale had just crossed its first ₦100 million in customer placements. Four years later,…