Quick Answer: How Much Money Should I Take To Nigeria?

How much does a trip to Nigeria cost?

The average price of a 7-day trip to Nigeria is $1,722 for a solo traveler, $3,179 for a couple, and $954 for a family of 4.

Nigeria hotels range from $27 to $128 per night with an average of $44, while most vacation rentals will cost $90 to $400 per night for the entire home..

How much is $10000 in Nigeria money?

10,000 dollars to nigerian naira according to the foreign exchange rate for today. You have just converted ten thousand dollars to nigerian naira according to the recent foreign exchange rate 380.503727. For ten thousand dollars you get today 3,805,037 naira 27 kobo.

Is Nigeria a good place to live?

Nigeria may be an increasingly popular destination for expats, but preparation for life in the West African country is key. First and foremost: be aware, but don’t be afraid. Nigeria’s reputation for terrorism, crime and internet fraud masks much of what makes it an amusing and interesting place to live.

How much is $500 Amazon card in Nigeria money?

How Much Is $500 United States Amazon Card In Naira? The United States $500 Amazon Gift card is currently traded between ₦105,000 – ₦107,000.

How much is a lot of money in Nigeria?

With up to two-thirds of the population living on less than a dollar a day, Nigerians living in poverty rise , $200 is a lot of money for most Nigerians. Another way to look at this is in terms of the quantity of household items you could buy with such amount.

Is $100 a lot in Nigeria?

So yes, it is a lot but just enough depending on who has it. Largely depends on who you ask. $100 is around 36,000 Naira which is twice our current official minimum monthly wage. To someone who earns minimum wage, which unfortunately is the bulk of the Nigerian populace, it is a lot of money.

How much money do you need to live comfortably in Nigeria?

If you’re traveling to Nigeria, around 500$ should cover your basic monthly expenses (food, social life, a bit of shopping and other expenses) even with the recession that is in effect right now.

Is food expensive in Nigeria?

Prices of selected food products in Nigeria 2020 One loaf of unsliced bread cost 288,45 Naira (0.77 U.S. dollars), whereas frozen chicken reached 1.958 Naira (five dollars). Food prices in Nigeria have been rising. In March 2020, food’s CPI peaked at almost 350 points.

How much is a round trip ticket to Nigeria?

The cheapest ticket to Nigeria from the United States found in the last 72 hours was $365 one-way, and $654 round-trip. The most popular route is New York John F Kennedy Intl to Lagos Murtala Muhammed and the cheapest round-trip airline ticket found on this route in the last 72 hours was $758.

How much is a gallon of milk in Nigeria?

Food prices from our Cost of Living SectionMarkets[ Edit ]Milk (regular), (1 gallon)3,468.97₦Loaf of Fresh White Bread (1 lb)333.47₦Rice (white), (1 lb)345.15₦Eggs (regular) (12)491.46₦10 more rows

What can 100 US dollars buy in Nigeria?

$100 is work 36,300 in Nigerian currency. With N36,300, you can get a nice pair of shoes, some good T-shirt, a month data subscription, and some good food for a day or 2 if you know how to manage.

Is Nigeria a dangerous country?

Country Summary: Violent crime – such as armed robbery, assault, carjacking, kidnapping, and rape – is common throughout the country. … There is maritime crime in the Gulf of Guinea. The U.S. government has limited ability to provide emergency services to U.S. citizens in many areas of Nigeria due to security conditions.

What can 50000 Naira buy in Nigeria?

20 Businesses You Can Start With 50,000 Naira in NigeriaBaking Business. Baking is a thriving business in Nigeria. … Fast food Business. The importance of food can never be overemphasized. … Plantain Chips Business. This is also a very lucrative business. … Selling Drinks and Water. … Small Scale Farming. … Smoked Fish Business. … Soap Production. … Home and Beauty Products.More items…•

What is the world’s worst currency?

Once again, the world’s weakest currency is the Iranian rial. Iran has experienced a significant economic downturn due to numerous sanctions. Without the ability to export petroleum to the global market (worth about 70% of annual income), Iran now faces a huge deficit in its national budget.

Is Nigeria cheaper than India?

India is 5.6% cheaper than Nigeria.

How much does ps5 cost in Nigeria?

Originally, the PS5 will cost $499 (roughly $500); this may amount to 195,000 Nigerian Naira (using the current exchange rate). But then, you can -well- expect a costlier price due to the black market.

Can I use USD in Nigeria?

What’s the currency in Nigeria? The naira is Nigeria’s national currency. You’ll find, however, that in airports, hotels, and tourist destinations, USD is commonly accepted. The exchange rates used will vary, though, so it’s worth checking you’re getting a fair deal before you decide to spend your dollars in Nigeria.

What can you buy with 1 dollar in Nigeria?

In Nigeria, a dollar when converted to local currency can buy you 2 liters of fuel or a well-made meat pie.

Is $500 a lot of money in Nigeria?

500 dollars to nigerian naira according to the foreign exchange rate for today. You have just converted five hundred dollars to nigerian naira according to the recent foreign exchange rate 380.503727. For five hundred dollars you get today 190,251 naira 86 kobo.

How much does a Nigerian house cost?

2. Housing construction handicapped by high costs. Building a house is very expensive in Nigeria. A three-bedroom house, for example, will cost about US$50,000, compared to US$36,000 in South Africa and US$26,000 in India, according to Finance Minister Ngozi Okonjo-Iweala.

How long is a flight to Nigeria?

The total flight duration from United States to Nigeria is 13 hours, 42 minutes. If you’re planning a trip, remember to add more time for the plane to taxi between the gate and the airport runway.