WORLD GOLD · NGA

Gold in Nigeria: price, reserves and trade

Local price in NGN, central-bank activity, gold imports and exports and macro context — every figure with its source and date.

Price data is refreshing.

Central-bank reserves

This country is not singled out in the current World Gold Council quarterly snapshot.

What the data says

The capital is Abuja, the World Bank region is Sub-Saharan Africa and the income group is Lower middle income.

UN customs data for 2024 shows imports of 0.1 m USD and exports of 147.3 m USD under HS code 7108.

Macro context from the World Bank: GDP at $290.8B in 2025; Population at 237.5M in 2025; Inflation, % y/y at 23% in 2025.

International gold trade

Imports (2024)$122.1K
Exports (2024)$147.3M

Source: UN Comtrade public preview, HS code 7108. Annual aggregated data; some values are estimates and reporting may be incomplete.

Macro context

GDP · 2025$290.8B
Population · 2025237.5M
Inflation, % y/y · 202523%

Source: World Bank Indicators.

Frequently asked questions

How much does a gram of gold cost in Nigeria?

The computed price refreshes hourly: global XAU/USD price × the official NGN rate.

Is the central bank of Nigeria buying gold?

This country is not singled out in the current World Gold Council quarterly snapshot. The section updates after each quarterly report.

Where does the gold trade data for Nigeria come from?

Gold imports and exports come from the UN Comtrade public preview under HS code 7108 (aggregated annual data, may be estimates). Macro indicators come from the World Bank. The full catalogue is on the Sources page.

Other countries