Jollof index Archives

Report: FX fluctuations, soaring energy costs caused food price surge between October and March

SB Morgen (SBM) Intelligence, a geopolitical research firm, says soaring inflation, increased energy costs, and fluctuating foreign exchange (FX) rates caused a hike in the cost of food items in

Report: 40% of Nigerians reduced their food quality in Q2 2021

SBM Intel, a geopolitical research firm, says 40 percent of Nigerians living below poverty line reduced the number of meals and food quality in the second quarter (Q2) of 2021

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Report: Reduced local production, exchange rate drive food prices higher

SBM Intel, a geopolitical research firm, says food prices have remained high in Nigeria because of reduced local production and exchange rate risk. This is contained in its latest Jollof

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Report: Foodstuff prices increased by 78 percent in four years

The latest Jollof Index published by SBM Intelligence shows that the price of foodstuff used in preparing jollof rice increased by 78 percent between July 2016 and June 2020. According

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