Top 20 Markets in Nigeria
Here are top 20 markets in Nigeria. As much as we love to create brand strategies or consult across niches, a major aspect of who we are at Brand Envoy Africa comes from our understanding of the major markets around us. This is because an aspect of our service delivery depends on this knowledge. As Nigerians, we pride ourselves with knowledge amassed around our local markets and how it functions.
The biggest markets in Nigeria are also the most popular and a very large number of people troop into them on a daily basis for all their needs. We have been opportuned to run brand activation campaigns across all these markets and position brands on shelves, stalls and tables. There are many markets in Nigeria but these leading ones that we shall be looking at shortly, stand out in terms of size, quality and quantity of wares on display on a daily basis, and as we have earlier mentioned, their popularity.
These markets are the go to places because you can get practically almost everything you’re looking for at any of these markets. The biggest markets in Nigeria that are listed here in this article are peculiar for the particular types of goods on display in them. Some are food markets, others are electronics markets while others are hybrid markets where you can buy all types of items.
Here are top 20 markets in Nigeria
1. Onitsha Main Market
State: Anambra
This market is no 1 in this list of the busiest markets in Nigeria. The market renders many services and have many products. You can get any type of product from this market. Many people visit this market from different parts of the country.
2. Oshodi Market
State: Lagos
This market is located in one of the most industrious zones of Lagos. It is known for it’s giant size, affordability and rowdiness.
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3. Balogun Market
State: Lagos
This is a large market that sprawls across many streets found in Lagos Island. This is also the best place to get bargains on different types of fabrics. Ankara, office wear and shoes among many others. You can bargain in Yoruba and Igbo dialect.
4. Ariria International
Market State: Abia
Ariria of Aba is normally called the China of Africa. In this market, many product replicas are manufactured and sold. Even though this market is tagged to make and sell very cheap products, they continue to operate.
5. Alaba International
Market State: Lagos
This market is among the most popular in the suburb of Lagos. This international market sells its assorted electronic products and engages in direct importation from manufacturers within and outside the country. They are also engaged in distribution and CD marketing.
6. Idumota Market
State: Lagos
This is no 6 in this list of markets and they are one of the oldest markets in Lagos. They open from 6.am and close by 5pm on a daily basis. The market is known for unending activities. Majority of Nollywood distributors have their offices and shops in the market where they sell music CDs and home videos in bulk.
7. Kurmi Market
State: Kano
This is one of the largest markets and it was founded by a King in Kano known as Muhammed Rumfa within the 15th century. The market got it’s name from a known Nigerian football team and they market all types of products that are made by artisans.
8. Ogbete Main Market
State: Enugu
This is the largest market in the coal city state and the no 5 in this list. The market is engaged marketing products and majority of retailers within the state normally get their stock from Ogbete Main Market since marketing is done there at a cheaper rate.
9. Oja-Oba/Orita Merin
Market State: Oyo
This market is no 9 in this list and they are known as the King’s market. They are also among the largest foodstuff market in the ancient Ibadan city.
10. Oil Mill Market
State: River State
This market found in Port Harcourt is also known as the Wednesday market and they began to function in Rumukwurushi, Port Harcourt after the Nigerian Biafran War. The former name of the market was Nnempi Market and they trade mainly on palm products and cassava. The market have become daily market zone while the main days for marketing is the busiest.
11. Jos Main Market
State: Plateau
This is the largest indoor market in West Africa. It is beautifully designed and arranged to prevent aimless walking of customers in the market.
12. New Market
State: Abia
Aba is known for two large markets and among them is New Market. Thousands of sellers and buyers come to this market on Sundays. However this market is muddy and water logged in the rainy season.
13. Nnewi Nkwo Market
State: Anambra
The location of the market is Nnewi. Nnewi is often referred to as the Japan of Africa. The location is the second largest urban region in Anambra State and the market is held once in 4 days.
14. Bodija Market
State: Oyo
This market is located in Ibadan. There are many home items, foodstuffs and other items sold and this is usually affordable.
15. Computer Village
State: Lagos
This is known to be the busiest IT hub in the West African sub-region and they are located under the bridge axis of Ikeja Lagos. This particular market was once residential. The market became a gadget home where mobile phones were introduced in Nigeria. Today, this market is a technology village where the villagers deal on computers, phones and accessories. The Minister of Information and Communication Technology said the Computer Village generates up to $2 billion for the Nigerian economy.
16. Mile 12
State: Lagos
This is known as the most cost effective and hot bed market for foodstuffs and farm produce. The market is crowded and dirty before but has been reconstructed to become a cleaner market. The market nevertheless is noisy.
17. Alade Market
This is among the most organized market in Nigeria. The market is reserved for the rich who are not fond of shopping in malls. The market is known for trendy and glamorous items.
18. Onyingbo ( White Sand)
State: Lagos
The location of the market is at Yaba axis in Lagos. The sister market is Iddo and they are known for traffic jams in the Onyingbo area. There are many commodities like livestock and foodstuffs.
19. Aleshinloye Market
State: Oyo
Aleshinloye Market is a very large market in Ibadan. It is one of the most visited markets in the Oyo State Capital despite the recent fire outbreak. This market is one of the oldest trading hubs in the western part of the country and it also ranks as one the largest and most popular in Nigeria today.
20. Zaki Biam Yam Market
State: Benue
Benue State is known as the Food Basket of the Nation. The market is known for it’s large numbers of yam tubers. The market normally opens to only the sellers and buyers of yam. The buyers from different parts of the region gets in touch with different farmers including other first hand marketers to buy yam in large quantities. This happens to be the best place to purchase yams at a very low cost as a majority of the sellers cultivate yam.
The state happens to be the largest yam producing state and Zaki Biam takes records of up to an average sale of 1.5 million tubers on a yearly basis. Yam is consumed by majority of Nigerians and this tuber crop can be bought at a better price at the Zaki Biam market. The market remains among the largest markets in Nigeria.
21. Abattoir Meat Market
Where Meat Dealers can be found, this is a large market where cows, sheep, cattle etc are sold and slaughtered daily, Raw beef and live Cows in avoidable price, even in half of the money you will get it elsewhere. You can also get Ponmo, livestock in wholesale price and agriculture & farms product, food e.tc
22. Arena (The) Market
Some of the top fashions stores in Lagos are found inside The Arena Market get your make up kit, Cosmetics, Soup ingredient, food stuff, Fruit etc.
Electronics at unbelievably discounted prices, The biggest Curtain and Bedspread
Repair all electronics and electrical appliances
A lock-up shop at the complex cost N300, 000 per annum, while lease for five years goes for N1.25 million. Rental values for lock-up shop ensuite cost N326, 000 per annum, while the open stall cost N55, 000 per annum. Space for warehouse goes for N421, 000 per annum, while service charge in the shopping arcade ranges from N4, 000 to N5, 000 per month.
These are the biggest and busiest markets in Nigeria. If you have any question or suggestion, you can use the comment box below and we can respond. If you require distribution of a product do visit our page for more information.
