How import and export businesses sell in Nigeria
Two clocks run at once: the buying clock and the clearing clock
A trading firm here is running two processes in parallel. On one side, distributors and wholesalers are being sold to, usually by phone and WhatsApp, with prices that must hold long enough to be accepted but not so long that a currency move destroys the margin. On the other, a shipment is moving through documentation, duty, examination and release, with costs that grow every day it sits.
Enquiries themselves arrive from existing distributor relationships, from referrals within a trade, from overseas suppliers looking for a local partner, from exhibitions, and increasingly from search. What they share is that the negotiation happens in chat, at speed, and often outside office hours.