|Characteristic||Prices in Nigerian Naira|
|Bread sliced 500g||326.61|
|Bread unsliced 500g||308.07|
|Broken rice (Ofada) , 1kg||462.42|
|Catfish (Obokun), fresh, 1kg||1,073.34|
What does a loaf of bread cost in Nigeria?
Cost of Living in Nigeria
|Water (12 oz small bottle)||91.14₦|
|Milk (regular), (1 gallon)||3,836.47₦|
|Loaf of Fresh White Bread (1 lb)||363.21₦|
Is $100 a lot in Nigeria?
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.
Is $50 a lot of money in Nigeria?
To answer your question, $50 is worth just about NGN17,750 (using $1 = NGN355). Where NGN represents Nigerian Naira. You can only do grocery shopping with that amount of money and if you’re a spender, that may not last you more than a day.
How much can $10 buy in Nigeria?
For ten dollars you get today 4,115 naira 03 kobo.
Can you drink tap water in Nigeria?
Is the tap water in Nigeria safe to drink? Generally no. Close to two thirds of households had access to safe or improved water sources, such as piped water, boreholes and collected rainwater. But only 3.7-19% of Nigeria’s population have access to safe drinking water.
What is a good salary in Nigeria?
A person working in Nigeria typically earns around 339,000 NGN per month. Salaries range from 85,700 NGN (lowest average) to 1,510,000 NGN (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.
How much is $1 US in Nigeria?
Are you overpaying your bank?
|Conversion rates US Dollar / Nigerian Naira|
|1 USD||388.00000 NGN|
|5 USD||1940.00000 NGN|
|10 USD||3880.00000 NGN|
|20 USD||7760.00000 NGN|
Is Nigeria a safe country?
There is a high level of crime throughout Nigeria, including armed robbery, kidnapping for ransom, home invasions, carjacking and violent assault. Criminal activity is high in urban areas, including the city of Lagos, as well as on the northern border with Niger and Chad.
Can a Nigerian marry an American?
Marriage to a U.S. citizen or lawful permanent resident provides foreign-born persons a direct path to U.S. immigration. … You can also choose to get married first in Nigeria or another country, and then apply for an immigrant visa with which to enter the United States. (This visa is the equivalent of a green card.
How much is 1 $50 in Nigeria money?
For fifty dollars you get today 20,575 naira 18 kobo.
USD to NGN Table.
What is the minimum wage in Nigeria 2020?
Monthly minimum wage in Nigeria 2018-2020. The national minimum wage for federal workers in Nigeria reached 30 thousand Nigerian Naira in 2020, which equaled to about 77 U.S. dollars.
Is 500 a lot of money in Nigeria?
$500 is a handful of money, you could engage in a start-up and it sure would take you a long way. Although depending on ones location, There are people who open a beauty bar and generate mild income. To be honest it all comes down to location and area of residence.
How much is $100 dollar in Nigeria money?
For one hundred dollars you get today 41,378 naira 99 kobo.
USD to NGN Table.
What can 50000 Naira buy in Nigeria?
20 Businesses You Can Start With 50,000 Naira in Nigeria
- Baking 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.
How much money can you take to Nigeria?
Currency Export regulations:
Residents: local currency (Nigerian Naira-NGN): up to NGN 5,000. – in banknotes. Foreign currencies: up to USD 5,000. -.