Indonesia Weighs a Moratorium on New Semi-Finished Smelters Amid a Nickel Oversupply
Bullish
1 day ago
Deccan Gold Sees Over 4 Million Tonnes of Nickel-Copper Potential in Chhattisgarh
Neutral
2 days ago
Glencore and CNGR Sign Nickel Offtakes for Centaurus's Jaguar Mine and Invest $40 Million
Neutral
Oct 29, 2026
Nornickel Says a Nine-Month Furnace Overhaul May Cut Its Metal Output in 2027-28
Bullish
Oct 28, 2026
MMG Offers a Ferronickel Supply Guarantee to Ease EU Concerns Over Anglo Nickel Deal
Neutral
Oct 25, 2026
Nickel Producers in Indonesia Plan Coordinated Output Cuts, Says Nickel Industries
Bullish
Oct 24, 2026
Nickel Jumps 4% as Indonesia's Ore Squeeze Pushes Imports From the Philippines to a Record
Bullish
Oct 23, 2026
Sherritt Wins a US Licence to Ship Fuel to Cuba, a First Step to Restarting Moa Nickel
Neutral
Oct 22, 2026
Nickel Prices by Continent
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Market Overview
7-Day Trend
7-Day Range & Momentum
Based on the last 7 real days of data — a trend readout, not a forecast.
Price History
Nickel
Price (₦/kg)
Period Open₦18,711.96
Period High₦19,709.94
Period Low₦18,667.32
Prev. Close₦19,267.98
All prices in ₦ per kilogram · daily rate, updated once per day
Nickel Price by Weight
Today's Nickel rate in Nigeria is Nineteen Thousand Seven Hundred and Ten Naira per kilogram. At this rate, 100 grams of Nickel costs One Thousand Nine Hundred and Seventy One Naira.
| Unit | Weight | Price (NGN) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₦19.71 | Twenty Naira |
| 8 Grams | 8.0000 g | ₦157.68 | One Hundred and Fifty Eight Naira |
| 10 Grams | 10.0000 g | ₦197.10 | One Hundred and Ninety Seven Naira |
| 100 Grams | 100.0000 g | ₦1,970.99 | One Thousand Nine Hundred and Seventy One Naira |
| 1 Kilogram | 1,000.0000 g | ₦19,709.94 | Nineteen Thousand Seven Hundred and Ten Naira |
| 1 Ounce (oz) | 28.3495 g | ₦558.77 | Five Hundred and Fifty Nine Naira |
| 1 Troy Ounce | 31.1035 g | ₦613.05 | Six Hundred and Thirteen Naira |
| 1 Metric Ton | 1,000,000.0000 g | ₦19,709,940.00 | Nineteen Million Seven Hundred and Nine Thousand Nine Hundred and Forty Naira |
Historical Prices — Last 10 Days
The most recent Nickel price in Nigeria on record (2026-11-05) is Nineteen Thousand Seven Hundred and Ten Naira per kilogram. This is up by Four Hundred and Forty Two Naira from the previous day's rate of ₦19,267.98.
| Date | Price (NGN/kg) | Change |
|---|---|---|
| 2026-11-05 | ₦19,709.94 | +441.96 |
| 2026-11-04 | ₦19,267.98 | +503.76 |
| 2026-11-03 | ₦18,764.22 | -192.96 |
| 2026-11-02 | ₦18,957.18 | +289.87 |
| 2026-11-01 | ₦18,667.32 | -2.10 |
| 2026-10-31 | ₦18,669.42 | -42.54 |
| 2026-10-30 | ₦18,711.96 | -256.58 |
| 2026-10-29 | ₦18,968.54 | -113.84 |
| 2026-10-28 | ₦19,082.38 | -2.21 |
| 2026-10-27 | ₦19,084.59 | — |
