Lagos, often regarded as the economic hub of Nigeria, is a vibrant city filled with a variety of bustling markets. Exploring these markets is an experience in itself. Whether you’re stocking up on fresh produce or searching for the latest tech gadgets, these markets are the heart of the city’s commerce.
As we all know, in any thriving community, markets play a very important role. Lagos boasts numerous markets, but some stand out for their distinct offerings. For instance, Balogun Market is renowned for wholesale goods, Alaba Market is famous for electronics, Computer Village is the go-to place for tech accessories, and Mile 12 Market is the central hub for food items in the city.
However, one of the biggest challenges people face in Lagos is finding the right market that offers goods at affordable prices. From the hustle and bustle of Balogun Market to the food haven that is Mile 12 Market, each market has its own unique appeal. It’s chaotic, it’s exciting, and you’ll almost always end up with more than you initially planned to buy.
Be it you’re searching for fresh produce, souvenirs, or just a spot to soak in the local atmosphere, Lagos markets have something for everyone. With so many options to choose from, you’re sure to find the market that suits your needs perfectly.
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What Are The Top Markets in Lagos to Buy Goods at Affordable Prices?
1. Oshodi Market
Oshodi is a key area in Lagos, primarily due to its role as a major hub connecting various parts of the city. The market has relocated to Isopakodowo after the demolition of its former site in Owonifari. The new location now hosts over 600 shops and numerous kiosks.
Oshodi Market is known for its variety of goods, with vendors selling a range of products from Asoebi fabrics to foodstuffs and fruits. While the market has a reputation for pickpockets and handbag snatchers, it remains a popular shopping destination due to the affordability of the items sold.
2. Mile 12
Mile 12 Market is renowned for offering affordable, perishable food items in bulk, serving both Lagosians and people from other parts of Nigeria, as well as providing goods for importation. Established over 30 years ago, the market has become an essential hub, benefiting shoppers from near and far.
Located in the Ketu Local Government area of Lagos State, Mile 12 offers a wide variety of food items, including fruits, tomatoes, peppers, onions, yam, yam flour, vegetable and palm oils, and many other essential foods. Non-edible items can also be found here.
The market is bustling with activity, with hawkers outside and shoppers moving between different sections inside. Purchasing in bulk at Mile 12 Market is a great way to save money on your foodstuffs.
3. Computer Village
Located in Ikeja, Lagos, Computer Village is the largest tech market in Nigeria and Africa. It is primarily known for its several phone sales shops, laptop vendors, phone accessories stores, phone repair services, and SIM activation outlets.
Open daily, except on Sundays and public holidays, the market thrives on healthy competition among dealers, ensuring that no single seller controls the prices of products bought or sold. This makes Computer Village an ideal market for consumers looking for the best deals in tech.
4. Oyingbo
Oyingbo Market is well-known for the high volume of daily transactions that take place there. It has earned a reputation as one of the top markets in Nigeria, so much so that a popular musician even referenced it in one of his songs, saying, “The Oyingbo market misses no one’s absence.” Open every day, the market is always bustling with traders and customers. It stands out as a key foodstuff market in Lagos, drawing people from all over the city.
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5. Balogun Market
Balogun Market sees a steady volume of shoppers from Lagos and across Nigeria every day. This market serves as a lifeline for many families, especially those involved in importing and reselling goods. On certain market days, traders arrive as early as 5:00 AM to purchase products for resale.
Some traders even clear goods from wholesalers early in the morning, only to sell them within the same market to make a profit. At Balogun, you can find just about anything you need. The market is organized into specific sections, including separate areas for clothing, provisions, accessories, and bridal items. It’s also one of the primary spots for “Asoebi” for those planning “Owambe” parties.
6. Alaba Market
Alaba International Market is a leading electronics market in Africa, renowned for its size and organization. Located in Alaba, Ojo, Lagos, it attracts not only locals but also buyers from neighboring countries, truly earning its status as an international market. The market operates daily, except on Sundays and public holidays.
With over five thousand shops, excluding attachments and sub-shops, Alaba serves as a bustling hub for commerce. The market is easily accessible from Badagry via the Badagry-Oshodi-Apapa Expressway, through Iyana Iba or Volks, and can also be reached from various parts of Lagos via Mile 2/Festac Town to Volks.
7. Jankara Market
Jankara Market is a prominent and well-known market in Lagos, famous for its wide range of locally made goods. Here, you can find tie-dyed cloth, trade beads, jewelry, pirated cassettes, pottery, clothing, and much more.
The market is largely frequented by Igbo traders, who contribute to its lively atmosphere. Known for its affordable and competitive prices, Jankara Market offers a unique and memorable shopping experience.
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8. Tejuosho Market
Formerly a rowdy and disorganised market, Tejuosho Market has transformed into an ultra-modern shopping hub, boasting a beautiful and serene environment. Unlike its former chaotic self, the market now offers a more organized atmosphere, although traces of the bustling energy of the Tejuosho and Yaba market areas still remain.
The market is home to a variety of vendors, including dollar changers, gold sellers, curtain and clothing merchants, and affordable weave shops. The night market brings a different, vibrant energy, with a lively crowd of shoppers and traders. While the atmosphere is buzzing, some traders’ enthusiastic attempts to attract customers can sometimes frustrate passersby.
9. Aswani
Many may not be familiar with Aswani Market, but it’s one of the top places in Lagos to find affordable items. Located next to the Isolo Local Government Council office, Aswani Market is renowned for offering a wide range of second-hand goods at incredibly low prices.
In addition to used items, you can also find new clothing sold by the yard, bags, shoes, underwear, and foodstuffs. If you have damaged electrical appliances or tools, such as blenders or irons, Aswani is the place to go for repairs at a fraction of the cost you’d pay elsewhere.
Aswani Market is open every day of the week, but Mondays are dedicated to the sale of shoes and bags. The market operates in full swing on Tuesdays, offering a wide variety of items at affordable prices.
Whether you’re looking for household goods, clothing, or foodstuffs, you can find almost everything you need with ease. If you’ve never visited Aswani Market in Lagos, make sure to pay a visit—whether for shopping or sightseeing. You’ll be glad you did!
10. Ladipo Market
Ladipo Market is Nigeria’s premier hub for spare parts, making it the go-to destination for mechanics, car owners, and those seeking to buy or sell used cars, spare parts, and phones.
Located in a central area, the market is widely recognized and frequented. It is predominantly run by skilled Igbo traders, who are well-versed in the trade. The market is known for offering a wide selection of fairly used products at competitive prices.
