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Nigeria weekly market wrap (23 June 2026): Garri (white) leads price gains

Across 10 daily-tracked Nigerian prices, 8 rose and 2 eased in the week to 23 June 2026 — Garri (white) led gains (+4.5%) while Rice (local) eased (-2.3%).

By Opaindex Markets Desk · · Nigeria · 1 min read

Nigerian markets were mostly higher in the week to 23 June 2026. Of the 10 daily-tracked Opaindex price points, 8 rose and 2 eased week-on-week. Every figure below is an Opaindex-tracked price; the move is its own week-on-week change.

Biggest movers

  • Garri (white) rose +4.5% to ₦38,000 per 50kg bag.
  • Cooking Gas (LPG) rose +3.5% to ₦1,790 per kg.
  • Cement rose +3.2% to ₦9,500 per 50kg bag.

By category

Building MaterialsCement +3.2% to ₦9,500 per 50kg bag; Sandcrete Block (9 inch) +2.0% to ₦750 per block; Iron Rod (12mm rebar) -1.1% to ₦9,800 per length.

EnergyCooking Gas (LPG) +3.5% to ₦1,790 per kg; Diesel (AGO) +2.8% to ₦1,180 per litre; Petrol (PMS) +0.6% to ₦905 per litre.

Food StaplesGarri (white) +4.5% to ₦38,000 per 50kg bag; Rice (local) -2.3% to ₦82,000 per 50kg bag; Palm Oil +1.7% to ₦48,000 per 25 litres; Groundnut Oil +0.9% to ₦62,000 per 25 litres.

How we track this

Figures are Opaindex-tracked prices as of 23 June 2026; week-on-week moves are computed from each item's own series. Open any linked price page for its source, freshness (asOf) and confidence. This wrap is generated automatically from that data and updates as the prices do.

Live data in this story

Sources

  • Market survey (Lagos, Onitsha, Ibadan)
  • NBS LPG Price Watch (Apr 2026) + retail outlet survey
  • Dealer survey (Lagos, Abuja, Kano)
  • Depot & retail survey
  • Wholesale market survey
  • Block industry survey
  • Mile 12 & Daleko market survey
  • Steel merchant survey
  • Opaindex price tracker — per-item source, asOf and confidence on each linked price page

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