Our Mission
NaijaMarket Intel exists to end information asymmetry in Nigerian commodity markets. Every day, millions of traders, businesses, and households make purchasing decisions based on incomplete or manipulated price information — losing an estimated ₦150K–₦10M monthly per business.
We built a platform that crowdsources verified commodity prices from on-ground traders across Nigeria, validates them through community consensus and GPS verification, and delivers real-time market intelligence to anyone who needs it.
How It Works
📡 Crowdsourced Price Collection
Over 5,000 registered traders submit daily prices from physical markets across 37 states. Each submission is GPS-tagged to verify the trader is physically present at the market.
🛡️ Community Validation
Every price submission goes through a 3-validator consensus process. Validators independently approve or reject prices, ensuring 95%+ confidence in every data point.
📊 Bloomberg-Grade Analytics
Verified prices feed into our analytics engine — powering inflation tracking, regional comparisons, arbitrage scanners, market screeners, and custom price alerts delivered via WhatsApp.
Our Coverage
We currently track 610+ commodities across 224 markets in all 37 states of Nigeria. Prices are updated 3× daily (morning, midday, afternoon) to capture intra-day volatility.
The Team
NaijaMarket Intel is a product of Giggababytes Oy, a Finnish-Nigerian technology company with 50+ years of combined experience in data engineering, market intelligence, and Nigerian business operations. We're headquartered in Finland with deep operational presence across Nigeria.
We combine world-class cloud infrastructure with intimate understanding of Nigerian market dynamics to deliver intelligence that actually works on the ground.
Contact
Have questions? Reach us at info@naijamarketintel.ng or chat with us on WhatsApp.