Overview
Physical cargoes, sourced reliably and delivered where the market needs them.
Matrix specialises in physical trading and logistics, and supply and trading is the cornerstone of the business. The Group is one of Nigeria’s largest independent petroleum product traders, handling close to 3 million metric tonnes a year.
A broad product portfolio, from crude oil and gasoline to LPG, bitumen and condensate, lets Matrix serve the whole of the market. Its own vessels, terminals and trucks carry each cargo onward, so a trade is backed by the means to deliver it.
Reliability, efficiency and integrity in every cargo, with the adaptability to move with the market.
How a cargo moves
Trading is where the chain starts. Cargoes land at the Lagos hub, then travel on through the Group's own terminals, vessels and trucks.
What we trade
What we do
Physical trading
Crude oil and refined petroleum products, bought and sold as physical cargoes.
NNPC DSDP offtake
Direct Sale Direct Purchase offtake for crude oil and LPG.
Pre-finance and forward sales
Structured contracts such as Project Eagle and Project Yield.
Market intelligence
Price risk management and a close read of market dynamics.
Pan-African supply chain
Cargoes coordinated from source to customer across West Africa.
Where it sits in the chain
Every link is one company. The highlighted link is this business.
Related businesses
Trade with Matrix
For cargo enquiries, supply contracts and offtake partnerships, speak to the Group head office.





