What Could the Ember Season Cost This Year?
Weekly Money Round- Up
... 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.