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Beans Prices in Nigeria

Typical price · October 2026
₦75,000 – ₦105,000
per 50kg bag (Oloyin); brown beans often sold in a bigger 'above 50kg' bag · Nigeria
Updated October 2026Medium confidence5 sources
Beans in Nigeria
Photo: JoabJacob / Wikimedia Commons, CC BY-SA 4.0

Quick answer: In Lagos markets in September 2026, a 50kg bag of Oloyin (honey) beans cost about ₦75,000 and a bag of brown beans about ₦105,000. Both fell from August, by 8.5% and 4.6%.

Prices by type

Type / brandPrice rangeUnit
Oloyin / honey beans₦75,000 – ₦80,000per 50kg bag
Brown beans (big bag, described as above 50kg)₦105,000per bag
Brown beans₦75,000 – ₦115,000per 100kg bag (wholesale)
White beans₦80,000 – ₦125,000per 100kg bag (wholesale)
Beans by the derica₦1,200 – ₦1,300per derica

Typical retail ranges seen in October 2026. Prices change often; confirm with the seller before you pay.

Prices by city

CityPrice range (per 50kg bag (Oloyin); brown beans often sold in a bigger 'above 50kg' bag)
Lagos₦75,000 – ₦105,000

Why prices differ

Oloyin (honey) beans and brown beans are priced differently, and bag sizes vary between 50kg and bigger bags.
Supply from northern farms and transport costs to southern markets push prices up or down.
Prices usually ease after harvest and climb in the lean season.
Buying by the derica or mudu costs much more per kg than buying a bag.

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Frequently asked questions

How much is a bag of beans?

In Lagos in September 2026, a 50kg bag of Oloyin (honey) beans was about ₦75,000 and a bag of brown beans about ₦105,000. Wholesale 100kg bags were listed at ₦75,000–₦125,000, depending on type.

Are beans prices going down?

Nairametrics' September 2026 Lagos survey found Oloyin beans down 8.5% and brown beans down 4.6% from August. Prices had risen in July, so they move with the season.

How much is a derica of beans?

Legit.ng reported about ₦1,200–₦1,300 per derica in Lagos in late September 2026, up from ₦500–₦800 between April and June.

  1. Lagos food prices: Egusi jumps 29.73% as major staples record wider declines in September — Nairametrics, 2026-10-02
  2. Lagos food prices: Onion climbs 40% as cooking gas eases in July survey — Nairametrics, 2026-08-04
  3. Food Prices Fall: 10 Popular Items That Have Become Cheaper in Nigeria — Legit.ng, 2026-10-03
  4. Wholesale Food Prices in Nigeria – Bulk Market Update — 24 Hours Market, 2026-08
  5. 10 Food Items Nigerians Should Buy Now Before Prices Rise Again — Legit.ng, 2026-09-29

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