🇳🇬 Nigeria

Platinum Price in Nigeria Today (NGN)

Live platinum spot rate in Nigeria, quoted in NGN. Updated every minute.

Platinum per Gram

78,694.95

NGN · Nigeria · updated live

Platinum / Gram

78,694.95

Platinum / Troy Ounce

2,447,686.60

Platinum / Tola

917,882.17

Platinum / Kilogram

78,694,951.46

Platinum price in Nigeria by unit

Global platinum per unit

About platinum in Nigeria

Platinum market in Nigeria

The platinum market in Nigeria tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into NGN using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.

Taxes and import duties

Import duty and value-added tax in Nigeria vary by platinum form. Investment-grade bullion (platinum of 99.95% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.

Popular purities

Investment platinum in Nigeria is typically sold as 99.95%-pure bars and coins from LBMA-accredited refiners. Always request an assay certificate.

Where to buy platinum in Nigeria

Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Nigeria. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.

Buying tip

Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's NGN rate. A premium over spot of 3–7% for coins and 1–4% for bars is normal — anything higher is usually the making charge.