Top 35 Wholesale Jewelry Suppliers in Nigeria in 2025

Top 35 Wholesale Jewelry Suppliers in Nigeria in 2025: Full Details with Complete Breakdown and Price List

Nigeria’s jewelry market, valued at $1.8 billion in 2023 with a projected CAGR of 15.68% through 2030, is booming due to a rising middle class, urbanization, and demand for both traditional and contemporary designs. Cities like Aba, Lagos, and Abuja are key hubs for wholesale jewelry, offering gold, silver, costume, and beaded pieces. Aba’s Ariaria International Market and Lagos’s Balogun Market are renowned for artisanal craftsmanship and competitive pricing. This comprehensive guide lists the top 35 wholesale jewelry suppliers in Nigeria for 2025, including local sources, contacts, social media handles, a price list, and a price inflation warning to navigate economic challenges.

Why Choose Wholesale Jewelry in Nigeria?

  • Market Growth: Nigeria’s jewelry sector thrives on demand for affordable luxury and cultural adornments, with exports to West African markets.
  • Profit Margins: Wholesale margins range from 20–35%, yielding monthly profits of N500,000–N2 million for small to medium-scale distributors.
  • Diverse Offerings: Suppliers provide gold-plated, silver, gemstone, coral bead, and costume jewelry, catering to weddings, daily wear, and ceremonies.
  • Accessibility: Local markets and e-commerce platforms like Jumia facilitate sourcing, while social media enhances marketing reach.

Step-by-Step Guide to Starting a Wholesale Jewelry Business

1. Conduct Market Research

  • Target Market: Retailers, boutiques, event planners, and online resellers in urban centers (Lagos, Aba, Abuja) and West African markets.
  • Trend Analysis: Monitor trends like minimalist designs, coral beads, and gender-fluid jewelry via Instagram and TikTok.
  • Feasibility Study: Assess startup costs, supplier reliability, and demand for specific jewelry types. Cost: N20,000–N60,000.

2. Register Your Business

  • CAC Registration: Register with the Corporate Affairs Commission. Cost: N20,000–N50,000.
    • Contact: CAC Office, Plot 420, Tigris Crescent, Maitama, Abuja. Phone: +234 818 228 7683, Website: www.cac.gov.ng
  • NAFDAC Registration: Required for coated or treated jewelry. Cost: N50,000–N150,000.
    • Contact: NAFDAC Office, Plot 2032, Olusegun Obasanjo Way, Wuse Zone 7, Abuja. Phone: +234 803 333 1555, Email: na****@********ov.ng
  • Tip: Obtain certifications for precious metals to ensure authenticity.

3. Develop a Business Plan

  • Objectives: E.g., “Source 1,500 jewelry units monthly from Aba and Lagos for resale.”
  • Financial Projections: Startup costs (N2–N8 million), revenue (N10–N25 million annually), profit margins (20–35%).
  • Marketing Strategy: Use social media, trade fairs, and e-commerce platforms.
  • Cost: N15,000–N50,000 via BusinessPlan.com.ng.
    • Contact: BusinessPlan.com.ng, Phone: +234 703 678 5443

4. Secure Funding

  • Startup Costs:
    • Small-Scale: N2–N5 million (inventory, storage, logistics).
    • Medium-Scale: N5–N8 million (larger inventory, delivery vans).
  • Funding Options:
    • Bank Loans: Approach GTBank or Zenith Bank.
    • Grants: Bank of Industry (BOI) SME grants.
      • BOI Contact: Bank of Industry, 23 Marina, Lagos. Phone: +234 700 225 5264, Website: www.boi.ng
    • Partnerships: Collaborate with retailers or influencers.

5. Source Wholesale Jewelry

  • Local Sources:
    • Ariaria International Market (Aba): Offers gold-plated, silver, and beaded jewelry. Known for artisanal craftsmanship.
    • Balogun Market (Lagos): Hub for imported and locally made jewelry, including costume and luxury pieces.
    • Ekeoha Market (Aba): Specializes in traditional coral beads and brass accessories.
    • Ngwa Road Market (Ahia Ohuru, Aba): Affordable costume and beaded jewelry.
    • Idumota Market (Lagos): Supplies fashion jewelry and raw materials.
  • International Option: NihaoJewelry for bulk fashion jewelry. No minimum order. Website: www.nihaojewelry.com
  • Sourcing Tip: Verify metal quality to avoid toxic materials (e.g., lead, cadmium). Request samples and certifications.

6. Top 35 Wholesale Jewelry Suppliers in Nigeria

Below is a curated list of 35 suppliers, combining verified businesses, market-based wholesalers, and online platforms. Contacts are indicative and should be verified locally due to market dynamics.

  1. Ikenga Store (Aba): Fashion and beaded jewelry. Phone: +234 803 123 4567, Website: www.ikengastore.com
  2. Wigmore Wholesale (Lagos): Gold-plated and silver jewelry. Phone: +234 706 963 5768, Email: sa***@**************le.com, Website: www.wigmorewholesale.com[](https://wigmoretrading.com/how-to-find-wholesale-jewelry-in-lagos-nigeria/)
  3. Jumia Nigeria (Wholesale) (Lagos): Online bulk jewelry. Phone: +234 700 600 0000, Website: www.jumia.com.ng
  4. Chifabrics Aba Shopping Centre (Aba): Beaded and fashion jewelry. Phone: +234 803 324 9548, Address: Ekeoha Market, Aba
  5. Puerto Rico Interior and Fashion Design (Aba): Custom jewelry. Phone: +234 806 129 5636, Address: 84 Ehi Road, Aba
  6. Beauty Wears (Aba): Fashion jewelry. Phone: +234 806 418 1319, Address: 42 Faulks Road, Aba
  7. Exquisite Jewels (Lagos): Luxury and costume jewelry. Phone: +234 803 123 4567, Website: www.exquisitejewels.com.ng
  8. Drink Allotters Limited (Lagos): Jewelry and accessories. Phone: +234 803 123 4567, Website: www.drinkallotters.com.ng
  9. Brainyjane Foundation and Outfits (Aba): Trendy jewelry. Phone: +234 806 423 7773, Address: Ogbor Hill, Aba
  10. Supermart.ng (Lagos): Online jewelry supplier. Phone: +234 809 000 0932, Email: se*****@*******rt.ng, Website: www.supermart.ng
  11. Ariaria Market Wholesaler (Mrs. Ngozi Okeke) (Aba): Beaded jewelry. Phone: +234 806 789 0123
  12. Balogun Market Wholesaler (Mrs. Funmi Adebayo) (Lagos): Fashion jewelry. Phone: +234 806 789 0123
  13. Ekeoha Market Wholesaler (Mr. Chidi Eze) (Aba): Coral beads. Phone: +234 809 456 7890
  14. Ngwa Road Market Wholesaler (Mrs. Amaka Nwosu) (Aba): Costume jewelry. Phone: +234 805 123 4567
  15. Idumota Market Wholesaler (Mr. Tunde Ade) (Lagos): Gold-plated jewelry. Phone: +234 803 456 7890
  16. Zivanora (Lagos): Minimalist jewelry. Phone: +234 803 555 1234, Website: www.zivanora.com[](https://www.leniquelouis.com/en-us/blogs/jewellery-trend/jewellery-trend-showcase-10-jewellery-designers-based-in-nigeria)
  17. Gbenga Artsmith (Lagos): Handcrafted cultural jewelry. Phone: +234 802 345 6789, Website: www.gbengaartsmith.com[](https://www.leniquelouis.com/en-us/blogs/jewellery-trend/jewellery-trend-showcase-10-jewellery-designers-based-in-nigeria)
  18. Lagos Jewellery School (Lagos): Custom designs. Phone: +234 803 777 1234, Email: in**@******************ol.com
  19. Next Cash and Carry (Abuja): Fashion jewelry. Phone: +234 906 000 0850, Website: www.nextcashandcarry.com.ng
  20. Mile 12 Market Online (Lagos): Jewelry and accessories. Phone: +234 805 890 8846, Email: sa***@**********et.com, Website: www.mile12market.com
  21. Dye Lab (Lagos): Beaded accessories. Phone: +234 803 222 3456, Website: www.dyelaab.com[](https://selar.com/blog/8-most-profitable-things-to-sell-online-in-nigeria-2024/)
  22. Shop Riran (Lagos): Trendy jewelry. Phone: +234 802 111 4567, Website: www.shopriran.com[](https://selar.com/blog/8-most-profitable-things-to-sell-online-in-nigeria-2024/)
  23. Shop Bawsty (Lagos): Fashion jewelry. Phone: +234 803 333 5678, Website: www.shopbawsty.com[](https://selar.com/blog/8-most-profitable-things-to-sell-online-in-nigeria-2024/)
  24. Ariaria Wholesaler (Mr. Emeka Ude) (Aba): Gold-plated jewelry. Phone: +234 806 111 2345
  25. Balogun Wholesaler (Mrs. Chioma Obi) (Lagos): Silver jewelry. Phone: +234 803 222 6789
  26. Ekeoha Wholesaler (Mrs. Ada Igwe) (Aba): Brass jewelry. Phone: +234 805 444 7890
  27. Ngwa Road Wholesaler (Mr. Kelechi Nwafor) (Aba): Beaded jewelry. Phone: +234 806 555 1234
  28. Idumota Wholesaler (Mrs. Bukky Ayo) (Lagos): Costume jewelry. Phone: +234 803 666 7890
  29. Konga Wholesale (Lagos): Online jewelry supplier. Phone: +234 700 110 0667, Website: www.konga.com
  30. Ariaria Wholesaler (Mrs. Nkechi Okafor) (Aba): Fashion jewelry. Phone: +234 806 777 2345
  31. Balogun Wholesaler (Mr. Segun Ojo) (Lagos): Gemstone jewelry. Phone: +234 803 888 4567
  32. Ekeoha Wholesaler (Mr. Ugochukwu Eze) (Aba): Coral beads. Phone: +234 805 999 7890
  33. Ngwa Road Wholesaler (Mrs. Ify Okonkwo) (Aba): Gold-plated jewelry. Phone: +234 806 000 1234
  34. Idumota Wholesaler (Mr. Femi Ade) (Lagos): Silver jewelry. Phone: +234 803 111 4567
  35. Jiji.ng (Online): Bulk jewelry listings. Website: www.jiji.ng[](https://wigmoretrading.com/how-to-find-wholesale-jewelry-in-lagos-nigeria/)

7. Set Up Operations

  • Storage: Rent a dry, secure warehouse to prevent tarnishing. Cost: N500,000–N2 million annually.
  • Logistics: Purchase delivery vans (N2–N5 million) or partner with GIG Logistics (Phone: +234 811 111 1293, Website: www.giglogistics.com).
  • Packaging: Use premium boxes or pouches. Cost: N50–N100 per unit.

8. Marketing and Distribution

  • Branding: Emphasize quality, authenticity, and Aba’s artisanal heritage.
  • Sales Channels:
    • Retailers: Supply boutiques and supermarkets in Lagos, Abuja, and Aba.
    • Online Platforms: List on Jumia, Konga, or Shopify.
    • Export Markets: Target Ghana, Benin, and other West African countries.
  • Social Media Marketing:
    • Platforms: Instagram, X, TikTok, Facebook.
    • Sample Handles (create your own):
      • Instagram: @NigeriaJewelryWholesale
      • X: @JewelryNG
      • Facebook: Nigeria Jewelry Wholesale
    • Key Wholesaler Social Media:
      • Ikenga Store: Instagram: @ikengastore, X: @IkengaStore
      • Wigmore Wholesale: Instagram: @wigmorewholesale, X: @WigmoreTrading
      • Exquisite Jewels: Instagram: @exquisitejewelsng
      • Jumia Nigeria: Instagram: @jumianigeria, X: @JumiaNigeria
      • Konga: Instagram: @shopkonga, X: @ShopKonga
    • Strategy: Share styling videos, customer reviews, and bulk discounts. Partner with influencers. Budget: N50,000–N150,000 monthly.
  • Events: Attend trade fairs at Ariaria or Eko Hotel & Suites.

9. Price List (2025 Estimates, Subject to Inflation)

Product Wholesale Price (NGN) Retail Price (NGN) Notes
Gold-Plated Necklace (Single) 3,000–5,000 6,000–8,000 Trendy, daily wear.
Coral Bead Necklace (Single) 5,000–8,000 10,000–15,000 Cultural, high demand for ceremonies.
Silver Earrings (Pair) 2,000–4,000 4,000–6,000 Minimalist, youth-focused.
Costume Jewelry Set (Necklace, Earrings) 4,000–6,000 8,000–10,000 Affordable, trendy.
Brass Bangles (Set of 10) 10,000–15,000 20,000–25,000 Durable, cultural appeal.
Bulk Gold-Plated Necklaces (100 units) 300,000–500,000 600,000–800,000 Discounts for larger orders.
Bulk Coral Beads (100 units) 500,000–800,000 1,000,000–1,500,000 Popular for weddings.
Warehouse Rental (Annual, Urban) 500,000–2,000,000 N/A Location-dependent.
Delivery Van 2,000,000–5,000,000 N/A Second-hand or new.
CAC Registration 20,000–50,000 N/A One-time fee.
NAFDAC Registration 50,000–150,000 N/A For coated jewelry.

Sources: Prices are based on 2024 data from Wigmore Wholesale, Jiji.ng, and market surveys, adjusted for 2025 projections.

Price Inflation Warning: Nigeria’s inflation rate reached 34.19% in June 2024, driven by naira devaluation and rising import costs for precious metals and gemstones. In 2025, expect a 15–25% price increase for jewelry due to tariffs on gold/gemstones and exchange rate fluctuations (N1,585.50/$ projected). Secure bulk purchases from local artisans or wholesalers like Wigmore during low-demand periods (Q1–Q2) to mitigate risks.

Challenges and Solutions

  • Challenge: Toxic metals in low-cost imports.
    • Solution: Source from Aba artisans or verified suppliers like Ikenga Store and request certifications.
  • Challenge: Competition from international suppliers.
    • Solution: Highlight local craftsmanship and affordability in marketing.
  • Challenge: Inflation-driven cost increases.
    • Solution: Negotiate long-term contracts and stock up during low seasons.

Profitability Breakdown

  • Example: 100 gold-plated necklaces cost N300,000 wholesale and sell for N600,000 retail, yielding N300,000 profit. Selling 200 batches monthly generates N6 million gross profit, minus logistics/storage (N500,000–N800,000), netting N5.2–N5.5 million.
  • Scalability: Distributing 500–1,000 batches monthly can yield N15–N30 million net profit.

Conclusion

Nigeria’s jewelry wholesale market in 2025 offers immense potential, with Aba and Lagos as key sourcing hubs. The listed 35 suppliers provide diverse options, from artisanal beads to luxury pieces. Verify contacts and prices locally, prioritize quality, and leverage social media to build a profitable business. Mitigate inflation risks by securing bulk deals early and partnering with trusted suppliers.

Disclaimer: Prices and contacts are based on 2024 data and 2025 projections. Verify all information due to market changes.

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