Major Markets

🇺🇸USD/NGN₦1,342.30
🇬🇧GBP/NGN₦1,818.68
🇺🇸USD/NGN₦1,342.30
🇬🇧GBP/NGN₦1,818.68
🇪🇺EUR/NGN₦1,579.92
🇯🇵JPY/NGN₦8.42
🇨🇦CAD/NGN₦997.72
🇦🇺AUD/NGN₦955.66
🇨🇳CNY/NGN₦196.61
🇸🇦SAR/NGN₦357.54
🇿🇦ZAR/NGN₦81.68
🇺🇸USD/NGN₦1,342.30
🇬🇧GBP/NGN₦1,818.68
🇺🇸USD/NGN₦1,342.30
🇬🇧GBP/NGN₦1,818.68
🇪🇺EUR/NGN₦1,579.92
🇯🇵JPY/NGN₦8.42
🇨🇦CAD/NGN₦997.72
🇦🇺AUD/NGN₦955.66
🇨🇳CNY/NGN₦196.61
🇸🇦SAR/NGN₦357.54
🇿🇦ZAR/NGN₦81.68

Top 10 Major Markets in Nigeria



Major Markets in Nigeria

Markets in Nigeria drive commerce, trade, distribution, and supply chains across the country and West Africa. They serve as major wholesale hubs linking producers, importers, exporters, and retailers.

1. Onitsha Main Market (Anambra State)

Onitsha Main Market is widely regarded as the largest open market in West Africa. It spans several square kilometres and contains thousands of shops and warehouses. The market deals in textiles, electronics, footwear, household goods, tools, cosmetics, and general merchandise. It serves as a primary wholesale distribution centre supplying traders across Nigeria and neighbouring countries.

2. Computer Village (Ikeja, Lagos)

Computer Village is Nigeria’s largest ICT and electronics market. It specializes in mobile phones, laptops, accessories, gadgets, and repair services. The market supports thousands of tech entrepreneurs and contributes significantly to Nigeria’s digital economy.

3. Balogun Market (Lagos Island)

Balogun Market is a major textile and fashion trading hub located on Lagos Island. It stretches across several streets and is known for fabrics, lace materials, shoes, bags, and jewelry sold in bulk quantities.

4. Ariaria International Market (Aba, Abia State)

Ariaria Market, often called the “China of Africa,” is one of Africa’s largest manufacturing and trade centres. It is famous for locally made shoes, leather goods, garments, and accessories distributed across West Africa.

5. Alaba International Market (Lagos)

Alaba International Market is Nigeria’s largest electronics and electrical appliances market. It deals in home appliances, power systems, generators, cables, and multimedia products.

6. Ladipo Market (Mushin, Lagos)

Ladipo Market is the country’s leading automobile spare parts market. It supplies new and used car parts, engines, vehicle accessories, and mechanical components nationwide.

7. Bodija Market (Ibadan, Oyo State)

Bodija Market is a key agricultural produce market in southwestern Nigeria. It specializes in grains, yams, rice, fish, fruits, and vegetables and serves as a distribution hub between farmers and urban markets.

8. Zaki Biam Yam Market (Benue State)

Zaki Biam is recognized as the largest yam market in the world. It handles massive daily volumes of yam trade and supplies different states across Nigeria.

9. Kasuwar Kwari (Kano State)

Kasuwar Kwari, also known as Kantin Kwari, is a major textile trading market in Northern Nigeria. It attracts traders from across the Sahel region.

10. Oil Mill Market (Port Harcourt, Rivers State)

Oil Mill Market is a busy commercial centre known for palm produce, cassava goods, foodstuffs, and general merchandise serving southern Nigeria.

🇳🇬 Nigeria Commodity Market Prices

Live comparison of current vs previous market rates (₦/kg & ₦/50kg)

Commodity ₦/kg (Current) ₦/kg (Previous) Change ₦/50kg (Current) ₦/50kg (Previous)
Rice (Local) 1200 1500 45000 57500
Beans (White) 1500 1800 60000 80000
Maize 900 1250 36000 47000
Garri 950 1100 34000 42000
Millet 700 900 32000 45000
Sorghum 750 900 36000 45000
Soybeans 1300 1600 55000 80000
Yam (Tuber) 1000 1200 25000 32500
Tomatoes (Dry) 720 1000 36000 50000
Pepper (Dry) 950 1200 46000 60000
Explore more live prices of commodities
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