Maize380,000 – 430,000 NGN / MT
+7.9%
₦398,567
₦430,000
UPDATED 01 Nov 2026
Market intelligence.
Nigeria-first price signals to help you buy with confidence.
MARKET BULLETIN
What moved recently
As of 01 Nov 2026- Soybean ₦698,311 / MT ↘ 17.4%
- Maize ₦422,181 / MT ↗ 4.4%
- Sesame seed ₦1,692,266 / MT ↗ 2.2%
Regional supply index
Healthy momentum across the network
Supplier availability is up 8.4% this month, with maize and sesame leading new listings.
13live quotes
Live benchmarks
Commodity price watch
| Commodity | Market | Current price | 30 day change | Updated | Market note |
|---|---|---|---|---|---|
MMaize |
Kaduna | ₦430,000 / MT | ↗ 0.0% | 01 Nov 2026 | |
BBeans |
Kaduna | ₦1,050,000 / MT | ↗ 0.0% | 01 Nov 2026 | |
SSoybean |
Kaduna | ₦550,000 / MT | ↗ 0.0% | 01 Nov 2026 | |
MMillet |
Kaduna | ₦470,000 / MT | ↗ 0.0% | 01 Nov 2026 | |
SSorghum |
Kaduna | ₦500,000 / MT | ↗ 0.0% | 01 Nov 2026 | |
MMaize |
Kano | ₦418,272 / MT | ↗ +0.4% | 16 Sep 2026 | Domestic demand is rising ahead of the new harvest window. |
MMaize |
Lagos | ₦418,272 / MT | ↗ +0.4% | 16 Sep 2026 | Domestic demand is rising ahead of the new harvest window. |
RRice |
Sokoto | ₦924,550 / MT | ↗ +1.9% | 16 Sep 2026 | Milling capacity is steady and demand from traders is firm. |
RRice |
Lagos | ₦924,550 / MT | ↗ +1.9% | 16 Sep 2026 | Milling capacity is steady and demand from traders is firm. |
SSesame seed |
Kaduna | ₦1,692,266 / MT | ↗ +2.2% | 16 Sep 2026 | Processors are paying a premium for clean, traceable lots. |
SSesame seed |
Lagos | ₦1,692,266 / MT | ↗ +2.2% | 16 Sep 2026 | Processors are paying a premium for clean, traceable lots. |
SSoybean |
Oyo | ₦846,622 / MT | ↗ +0.2% | 16 Sep 2026 | Feed millers are restocking steadily. |
SSorghum |
Sokoto | ₦478,391 / MT | ↘ -1.3% | 16 Sep 2026 | Steady demand from feed millers across the north. |
PRICE HISTORY
Commodity price trends
Average recorded price across all markets over the last six months.
Rice888,726 – 924,550 NGN / MT
+3%
₦897,756
₦924,550
Sesame seed1,580,338 – 1,692,266 NGN / MT
+5.5%
₦1,603,379
₦1,692,266
Sorghum466,721 – 500,000 NGN / MT
+5.8%
₦472,620
₦500,000
Soybean550,000 – 846,622 NGN / MT
-33%
₦821,113
₦550,000
01
Maize demand is building
Domestic buyers are securing stock earlier ahead of the new harvest window.
02
Quality premiums are widening
Screened suppliers are seeing faster response rates and stronger pricing.