Nisab for Zakat in Nigeria Today

The silver nisab is ₦1,581,417 and the gold nisab is ₦15,484,241. If your zakatable wealth has been above the nisab for a lunar year, 2.5% is due.

Updated 2026-10-04

Silver nisab (612.36 g)₦1,581,417Silver ₦2,582.50 per gram

Gold nisab (87.48 g)₦15,484,24124K gold ₦177,003 per gram

Zakat on savings in Nigeria

Savings held for a year	Zakat due (silver nisab)	Zakat due (gold nisab)
₦1,581,417	₦39,535	Below nisab
₦3,162,835	₦79,071	Below nisab
₦7,907,087	₦197,677	Below nisab
₦15,814,174	₦395,354	₦395,354
₦39,535,435	₦988,386	₦988,386
₦79,070,869	₦1,976,772	₦1,976,772
₦158,141,738	₦3,953,543	₦3,953,543

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 ₦1,581,417 using silver (612.36 g) or ₦15,484,241 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.