Why the farm gate and the credit committee talk past each other
What a bank needs to see, what a trader can show, and the paperwork gap in between.
Read more →Lagos, NigeriaBanker · Trade finance · Agri-tech
I'm Oluwaseun Lijoka. Seven years in Nigerian banking, mostly trade finance and agribusiness lending, with roots in the cocoa farms of Ondo State. I now lead agri-tech at a Nigerian bank and I'm finishing a PhD in agribusiness. This is where I write about how credit and commodities actually work here, conventional and Islamic finance both.
Market
Live futures prices for the commodities that move the trades, and the wider Nigerian agribusiness sector: cocoa, cotton, soybeans and sugar.
Global benchmark prices (IMF, monthly) — Cocoa: $5,919/tonne · Cotton: 95.84¢/lb · Sugar: 17.94¢/lb. As at September 2026, for reference outside trading hours.