OKN Nigeria
A forward-built blend of assessed value and market activity for verified-tier Nigerian artists. As of October 2026.
1,072.3
Level, USD, nominal, October 2026
▼ 1.91% since September 2026
Where it stands
Launched at 1,000, with the published level carried across the 2026-09-09 methodology update. USD, nominal.
How it's built
A forward-built blend of assessed value and auction sell-through, with an annual pre-launch history.
A geometric blend of two components, each measured against launch: assessed value and market depth, weighted 0.5/0.5. Assessed value is a like-for-like price level for the OKN Nigeria universe: a regression on auction sales that compares each artist’s work with their own earlier sales, controlling for medium, size and auction house, so a batch of new, cheaper (or pricier) work entering coverage doesn’t move it. Each update is measured inside a single fit and chained to the last. Market depth is the trailing-12-month auction sell-through rate (lots sold ÷ lots offered), compared house by house, so it doesn’t move just because we start covering another auction house. Points before launch are annual, chained backwards from launch; a year that can’t be linked or has too few lots offered is shown as a gap. Revised 2026-10-03. The full methodology lives in the methodology whitepaper.
What's in it
The tracked artists behind this index, most-traded first (trailing 12 months). Every valuation carries its tier and interval.
| Artist | Nationality | Tier | Tx (12mo) | Latest valuation |
|---|---|---|---|---|
| Twins Seven-Seven | Nigeria | Verified | 6 | $324–$9,846 |
| Bruce Obomeyoma Onobrakpeya | Nigeria | Verified | 4 | $512–$14,997 |
| Rufus Ogundele | Nigeria | Verified | 3 | $164–$8,490 |
| Jacob Afolabi | Nigeria |
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