A universe nobody has counted

Traditional trade in Nigeria

Nigerian distribution runs a field force against a universe nobody has counted, through a wholesale layer that hides where product lands.

Modern retail is roughly 5 to 6 percent of market value — so a read built on formal stores describes part of Lagos and infers the rest of the country.

>90%
Of FMCG sales in traditional outlets
5–6%
Modern retail share of market value

[ Nigeria at a glance ]

Channel weight
Traditional outlets carry more than 90 percent of Nigerian FMCG sales.
Modern retail
Modern retail is roughly 5 to 6 percent of Nigerian market value.
Channel composition
Nigerian traditional trade runs on open-air markets, neighborhood shops, kiosks and small wholesalers.
Route to market
Nigerian distribution runs from central depots into regional hubs into wholesale aggregators into tens of thousands of micro-outlets.
Measurement gap
The 2025 GDP rebasing lifted Nigeria's measured 2024 output by 34.4 percent without the economy changing.
Native coverage
Native maps a growing geolocated Nigerian outlet base with structured store profiles.
/01

The trade in Nigeria

Open-air markets, neighborhood shops, kiosks and small wholesalers, with hyper-local assortment, frequent price variation, heavy credit selling, and volume that swings with pay cycles and festivals. National averages describe none of it.

[ Traditional outlets carry more than 90 percent of FMCG sales. ]

/a

Hyper-local assortment

What a kiosk carries is decided street by street. National averages describe none of it.

/b

Credit and price variation

Heavy credit selling, and prices that vary frequently between outlets in the same market.

/c

Pay cycles and festivals

Volume swings with the calendar rather than holding to a national trend line.

5–6%

of Nigerian market value sits in modern retail — a formal read describes part of Lagos and infers the rest.

/02

How stock reaches the shelf

Central depots into regional hubs into wholesale aggregators into tens of thousands of micro-outlets. Every layer adds working capital and subtracts sight. By the time product reaches a shelf, the brand's record of where it went is an inference built on a distributor's account of itself.

Supply

Depots + regional hubs

Central depots feed regional hubs, one layer removed from the market they serve.

Decision

Wholesale aggregators

The aggregator decides what reaches tens of thousands of micro-outlets, and at what price.

Outcome

The micro-outlet

By the time product reaches a shelf, the brand's record of where it went is an inference.

  • Every layer adds working capital and subtracts sight.
  • The brand's distribution record rests on a distributor's account of itself.
/03

What conventional measurement misses

The operating risk is invisibility rather than underperformance. Stock-outs read as weak demand. Trade spend reads as incremental because nothing measures the counterfactual. Territories read as covered because a distributor says so.

The 2025 GDP rebasing lifted measured 2024 output by 34.4 percent. The number changed and the economy did not, which is the same gap operating on every brand's distribution figure.

34.4%

uplift to measured 2024 output from the 2025 GDP rebasing. The number changed and the economy did not.

The operating risk is invisibility, not underperformance.

/04

How Native reads Nigeria

Lattice maps a growing geolocated outlet base with structured store profiles, which turns numeric distribution from a claim into a measurement. Overwatch ranks where execution broke and routes the field to it. Ratio One reads whether share moved once the coverage question is settled.

Geolocated
Outlet base with structured profiles
Ranked
Outlets where execution broke
Measured
Numeric distribution, not asserted

Engineered for modern leaders who play to win.