Exchange Rates | Central Bank of Nigeria
Exchange Rates *NFEM rate is derived at Volume Weighted Average and stands as the official exchange rate for the day. Export to Excel
Read MoreSummary of cost of living in Nigeria: The estimated monthly costs for a family of four are $1,327. It is the most populous country in Africa, with over 200 million people, representing many different ethnic groups and cultures. 8K (NGN 116M), 2014: $124K (NGN 169M), 2015: $126K (NGN 173M), 2016: $137K (NGN 188M), 2017: $168K (NGN 230M), and 2018: $291K (NGN 399M) Choose a city, see prices in supermarkets. Where possible, you will be able to see the current national average price of the. This page brings together inflation, food prices, fuel costs, transport fares, and the cost of a healthy diet to answer a simpler question: what does everyday life cost in Nigeria right now? Inflation has cooled.
Exchange Rates *NFEM rate is derived at Volume Weighted Average and stands as the official exchange rate for the day. Export to Excel
Read MoreDiscover economic indicators for Nigeria, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Nigerian economy with CEIC.
Read MoreWe calculate prices for Nigeria as a population-weighted mean of 33 cities. Since large cities tend to have a higher cost of living, it''s better to visit
Read MoreOn this page below you will find the current price and cost overview in Nigeria: food prices, Prices in restaurants, cost of living, and entertainment costs (Updated: 9
Read MoreCost of living in Nigeria explained simply using official data on inflation, food prices, petrol, diesel, transport fares, and the cost of a healthy diet.
Read MoreThe Federal Government is set to implement a cost-reflective electricity tariff as part of broader reforms aimed at addressing the persistent liquidity crisis in the power sector.
Read MoreTravelers (except for U.S nationals, who have been waived from the fee since March 1, 2023) are now subject to a higher visa-on-arrival biometric fee application of USD 170, excluding
Read MoreIn Process & Industrial Developments Ltd v The Federal Republic of Nigeria UKSC 36, the Supreme Court provided clear guidance on which currency should be used for costs
Read MoreA World Bank report, "Healthcare Costs in Nigeria: Trends and Impact", reveals a startling fact-the cost of essential drugs in Nigeria has skyrocketed by nearly 50% from 2020 to 2023.
Read MoreAverage prices of more than 40 products and services in Nigeria. Prices of restaurants, food, transportation, utilities and housing are included.
Read MoreFactors that businesses should bear in mind Set out a budget for the arbitration When a party refers a dispute to an arbitral institution, the institution will, in addition to a filing fee, require the
Read MoreAt the once-bustling Utako Motor Park — an interstate motor hub connecting Nigeria''s capital Abuja to its 36 states – transporter Jume Hanwa took a rare daytime nap at by the trunk of his
Read MoreThe cost of living indices for Nigeria are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in
Read MoreSee the cost of living in Nigeria. Nigeria ranks #78 on the country cost of living index. Compare prices for rent, groceries, dining, transportation, and more.
Read MoreThe International Monetary Fund (IMF) has advised the federal government to do everything within its power to ease the suffering of Nigerians, especially by addressing the rising
Read MoreIs Nigeria expensive? Based on data from Numbeo, the cost of living in Nigeria is 57.2% lower vs the United Kingdom when you take into account daily spending without rent. Once you
Read MoreLive USD, GBP, EUR and CAD to Nigerian Naira black market exchange rates updated daily. Compare open market and CBN official rates.
Read MoreUpdated spot exchange rate of NIGERIA NAIRA (NGN) against the US dollar index. Find currency & selling price and other forex information
Read MoreThis is a collection of data visualizations and analyses of data from Nigeria. The data is sourced from the Nigerian Bureau of Statistics. The prices are updated monthly or whenever new data is published by
Read MoreEvery year, thousands of Nigerian students plan to study abroad, but many of them struggle with one major question: which country is actually affordable? When people talk about
Read MoreWhether you''re living in Nigeria or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the
Read MoreThe average cost of living in Nigeria is $832, which is 1.4 times less expensive than the world''s average. Compare cost of living by city. Nigeria
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