•A pot of jollof rice The average price of cooking a pot of jollof rice rose to ₦30,435 in March 2026, driven largely by global oil shocks linked to the Iran conflict, a report by the SBM Intelligence has revealed, showing a sharp escalation in Nigeria’s cost of living. In its Jollof Index Q1 2026 […]
•A plate of jollof rice, fried plantain and chicken The cost of cooking one pot of jollof rice in Nigeria rose to N25,486 in March 2025 from N21,300 in September 2024, representing about a 19 per cent hike in the price of the staple food. In its latest SBM Jollof Index titled, “Staple Under Stress,” […]

