Nigeria’s verified base-oil exchange

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Nigeria’s verified base-oil exchange

Base oil, traded in the open.

See who is holding what, at which depot and at what price — reported every 4 hours by the counterparties themselves. Bid, quote and settle with companies whose registration has been checked, and hold the money in escrow until the product is delivered.

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Stock on the exchange
Counterparties reporting
Depots and hubs
Grades priced

Automated RFQ engine

Post exactly what you need and it reaches the sellers holding that grade within seconds, ranked, with the reasons each one matched.

Live depot tracker

Every counterparty reports its stock every 4 hours. Volumes at Apapa, Port Harcourt, Warri and Kano, in one chart and one table.

Hybrid spot prices

A published benchmark blended with live asks, live bids and the prices trades actually cleared at — and every number says what it is made of.

Escrow settlement

Opt in per trade. Funds are held from agreement until you confirm delivery, then released to the seller automatically. Powered by Paystack.

Verified & KYC

The Verified badge means a company submitted its CAC registration and an administrator checked it — not merely that it paid.

Service providers

Inspectors, samplers, laboratories, terminal agents, hauliers and plant engineers, quoted on one board with audited site records.

How a trade runs

  1. 01

    Find or be found

    Browse live listings, or post what you need and let the engine bring the sellers to you.

  2. 02

    Agree the price

    Bid on a listing, or take an offer on your bid to buy. Both sides see the same figures.

  3. 03

    Fund the escrow

    Optional, and per trade: the money is held while the product moves.

  4. 04

    Lift and confirm

    The seller records the waybill; your confirmation releases the funds.

Browsing is open to everyone. Listing, bidding and settling are for subscriber companies.

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