Nisab for Zakat in Nigeria Today

The silver nisab is ₦1,323,937 and the gold nisab is ₦14,759,093. If your zakatable wealth has been above the nisab for a lunar year, 2.5% is due.

Updated 2026-11-13

Silver nisab (612.36 g)₦1,323,937Silver ₦2,162.02 per gram

Gold nisab (87.48 g)₦14,759,09324K gold ₦168,714 per gram

Zakat on savings in Nigeria

Savings held for a year	Zakat due (silver nisab)	Zakat due (gold nisab)
₦1,323,937	₦33,098	Below nisab
₦2,647,874	₦66,197	Below nisab
₦6,619,684	₦165,492	Below nisab
₦13,239,368	₦330,984	Below nisab
₦33,098,421	₦827,461	₦827,461
₦66,196,842	₦1,654,921	₦1,654,921
₦132,393,683	₦3,309,842	₦3,309,842

Use the zakat calculator to include gold, silver, investments and business assets.

Frequently asked questions

What is the nisab for zakat in Nigeria today?

Based on today's prices, about ₦1,323,937 using silver (612.36 g) or ₦14,759,093 using gold (87.48 g).

Which nisab should I use?

Many scholars recommend the silver nisab for cash savings because it is lower and benefits the poor; others use gold. Follow your scholar or local mosque.

When is zakat due?

When your zakatable wealth has stayed at or above the nisab for one full lunar (Hijri) year.