Honest weight.
Lawful gold.

A Nigerian gold trading company being built to buy from licensed miners, assay in the open, and document every lot from pit to bar.

Abuja, Nigeria · Company in formation · Where we stand

US$3.5 billion

Gold held by the Central Bank of Nigeria after it took delivery of refined gold sourced in Nigeria under the National Gold Purchase Programme, March 2026.1

18 t a year

Gold estimated to leave Nigeria informally each year, mostly to Gulf markets, according to officials of the Presidential Artisanal Gold Mining Development Initiative.2

Oct 2025

Nigeria removed from the Financial Action Task Force grey list after reforms that included supervision of dealers in precious metals.3

  1. Central Bank of Nigeria and Solid Minerals Development Fund statements, March 2026.
  2. Presidential Artisanal Gold Mining Development Initiative, public statements on informal exports.
  3. Financial Action Task Force plenary outcomes, October 2025.

What we are building

A buyer whose paperwork is the product

Nigeria produces far more gold than it formally sells. Most of it leaves the country without papers, royalties or a chain of custody. Miners are paid less than their gold is worth, and buyers abroad cannot tell responsibly sourced metal from the rest.

Wangara Gold is being built to change that for the lots it handles. We will buy only from holders of valid mining titles and from registered cooperatives. We will assay every lot in front of the seller. We will have it refined through a partner refinery. We will sell it to lawful buyers, including the National Gold Purchase Programme once registered as a supplier.

The price will be set from the London benchmark less a discount we will publish, measured in front of you.

How a sale will work

For miners and cooperatives

A price measured in the open, payment by bank transfer, and a documented sale you can show a bank.

What you will need to sell to us

For refiners and buyers

Six documents with every lot, drafted to the OECD Guidance and its Gold Supplement, so your due-diligence file is complete before the metal arrives.

The six documents per lot

For Nigeria

Royalty paid and value recorded in Nigeria.

Registrations and milestones
Illustration: a sealed security pouch of raw gold with a charcoal tag bearing the Wangara Gold seal, beside an assay slip
Illustration of the lot seal and assay slip the company will issue with every purchase. Concept image, not a photograph of an actual lot.

Proof

Six documents will travel with every lot

The seller's file, the witnessed assay, the sealed lot number, the insured transport record, the fire-assay certificate and the sale or export record. Each answers a question a bank or a refiner will ask.

Proof and compliance

Sourcing

Where the gold is

Nigeria's two gold belts, and how buying centres will be placed.

Sourcing

About

Why the name, and who we are

The Wangara merchants, and the two directors building the company.

About

Updates

Where we stand

Registrations, licences and milestones, posted as each is obtained.

Updates

Working with us

Whoever you are, tell us who, and we will reply from info@wangaragold.com within two working days.

Make an enquiry