Economy

Best 5 Apps to Convert Gift Card to Naira in Nigeria

Published

6 months ago

26/06/2025

Gift cards are a great way to shop, pay for services, or send thoughtful gifts, especially from popular platforms like Amazon, iTunes, or Google Play. However, there are times you get a gift card you can’t use, maybe because the brand doesn’t operate in Nigeria, or you just need the cash instead. In moments like that, turning your gift card into Naira is the smart move.

The good news is that several trusted apps in Nigeria make it easy to convert gift cards into cash safely and quickly. Essentially, to get cash from your gift card, you have to sell it, either to a trading platform or another buyer.

In this guide, you’ll find the best apps to use to sell your gift card in Nigeria, and what to expect from each one.

Top 5 Apps to Convert Gift Cards to Cash in Nigeria

Nosh sell gift cards

Here are five reliable platforms that help you exchange gift cards for Naira with ease:

Nosh
Jiji Nigeria
Kusnap
eBay
Facebook

1. Nosh

Nosh is one of the most trusted apps in Nigeria when it comes to trading gift cards. It supports several kinds of cards, such as Amazon, Steam, iTunes, Google Play, and more, and gives you a smooth, fast experience from start to finish.

You can access the platform via the web app or download the app on App Store or Google Play Store depending on your device.

Key Features:

Great Rates: You get some of the best exchange rates available, which allows you to get the most value for your card.
Instant Payments: Once your card is confirmed, your payment is sent to your wallet right away.
Easy to Use: Even if you’re new to trading, the app is simple to explore, and you can complete your transaction without feeling lost or confused.
Rate Calculator: You can check how much you will receive before trading.
Multi-service Platform: Nosh works as a multi-service platform for digital transactions. So, beyond gift card trading, it lets you buy airtime, pay bills, sell crypto and more.

With its secure platform, transparent rates, and fast payouts, Nosh is a top choice for anyone looking to buy or sell gift cards in Nigeria.

Drawback:

Less common gift card brands are not supported for trading.

2. Jiji.ng

Jiji is one of Nigeria’s largest online marketplaces, best known for listings like cars, phones, and electronics. However, beyond that, it’s also a place where many people go to sell their gift cards directly to interested buyers, making it a convenient option for quick, peer-to-peer exchanges.

Key Features:

Direct to buyer selling: You connect directly with buyers, so you set your price and negotiate on your terms.
Large user base: Jiji’s huge user base gives your listing a good chance of getting noticed.
Negotiable Rates: You are free to set your own price and work out a deal with buyers that suits you both.

Disadvantages:

There is a higher risk of scams because of the peer-to-peer transaction nature.
Deals can take longer to close compared to apps like Nosh.

3. Kusnap

Like Jiji, Kusnap is a Nigerian online marketplace where you can list and sell your gift cards. The app is available for download on both App Store and Google Play Store.

Key Features:

Post for Free: Posting to notify buyers that you are available to trade gift cards is free, and the site is easy to use.
Beginner-friendly platform: The platform is simple and easy to use, even if it’s your first time. You don’t need any special skills to post, browse, and connect with others without feeling overwhelmed.

Drawbacks:

Since transactions are not automated, you will need to put in a bit more effort, like chatting with buyers, agreeing on a price, and arranging the trade yourself.
Trading directly with other people can sometimes come with risks, like dealing with unreliable buyers or facing payment issues.

4. eBay

If you are open to a global audience, eBay offers a way to sell your gift cards to people beyond Nigeria. It is an online marketplace where you can list your gift card for sale and potential buyers can bid for it.

Key Features:

Access to a global audience: You reach more potential buyers, which can help you sell faster.
You can set your own price: You are in control, and you decide how much you want to sell for.

Drawbacks:

International trading comes with extra fees that could reduce your profits.
Payments might take longer because of international exchange processes.

5. Facebook

You can sell your gift cards for cash on Facebook, using Facebook Marketplace. Facebook marketplace is an online market platform created by Facebook for people to buy and sell. It is a simple way to get buyers for your gift card, especially within your local community.

Key Features:

Community-based: You can trade directly with buyers in your vicinity.
Free Listings: You can post your gift cards and start connecting with buyers at no charge.

Drawbacks:

Like other peer-to-peer platforms, you need to be cautious to avoid scams.
It might take time to find a trustworthy buyer and close the deal.

How to Sell Gift Cards for Naira

sell gift cards Nosh

If you’re looking to turn your unused gift cards into Naira, Nosh makes the process quick and stress-free. Here’s how you can do it, step by step:

Step 1: Download the App

Start by downloading the Usenosh app from the Google Play Store or the Apple App Store. It’s fast, secure, and easy to install.

Step 2: Sign Up and Verify Your Account

Create your account and go through a simple verification process. This helps keep your transactions safe and secure.

Step 3: Select “Sell Gift Card”

Once you’re logged in, tap on the “Buy/Sell Gift Card” button on the homepage, then select the option to “Sell Gift Card” to begin your trade.

Step 4: Enter the Gift Card Details

Pick the gift card brand, select the right sub-category, and enter the amount you want to sell. Make sure everything matches your card to avoid delays.

Step 5: Upload the Card Image

Upload a clear image of the gift card if it’s a physical one. Once you’ve entered all the details, you will see how much you will be paid in Naira.

Step 6: Complete the Transaction

Review your trade summary and proceed with the transaction to receive your payout instantly.

Frequently Asked Questions About Apps to Sell Gift Cards in Nigeria

What is the best app to redeem gift cards in Nigeria?

Nosh is widely considered the best app to redeem gift cards in Nigeria, thanks to its fast payouts, good rates, and secure platform.

Which app can I use to change my gift card to Naira?

You can use Nosh, Jiji.ng, Kusnap, eBay, or Facebook Marketplace to trade your gift card for Naira, depending on your preference.

How do I convert a gift card to Naira?

Pick a trusted gift card trading app like Nosh, create an account, upload your gift card details, and receive your Naira payout once the transaction is confirmed.

What is the best gift card exchange in Nigeria?

Nosh remains a top-rated option for its high gift card rates, reliability, transparency, and ease of use.

Where can I trade gift cards for cash in Nigeria?

You can trade your unused gift cards on Nosh, Jiji.ng, Kusnap, eBay, or Facebook Marketplace. If you don’t want to go through middlemen or deal with vendors, Nosh is your best option. However, if you prefer P2P trading, Jiji.ng or Facebook Marketplace works best.

Final Thoughts

Selling a gift card you don’t need is a smart way to turn unused value into cash. Whether you go with an instant payout app like Nosh or choose a marketplace like Jiji or Kusnap, you have good options. Just be sure to pick a platform that’s secure, easy to use, and trusted by other users.

If you want a smooth and safe experience, register on the Nosh app today and start trading your gift cards at the best rates available in Nigeria.

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Economy

Nigerian Stocks Close 1.13% Higher to Remain in Bulls’ Territory

Published

6 hours ago

20/12/2025

Dipo Olowookere

By Dipo Olowookere

The local stock market firmed up by 1.13 per cent on Friday as appetite for Nigerian stocks remained strong.

Investors reacted well to the 2026 budget presentation of President Bola Tinubu to the National Assembly yesterday, especially because of the more realistic crude oil benchmark of $64 per barrel compared with the ambitious $75 per barrel for 2025. This year, prices have been between $60 and $65 per barrel.

Business Post observed profit-taking in the commodity and energy sectors as they respectively shed 0.14 per cent and 0.03 per cent.

But, bargain-hunting in the others sustained the positive run, with the consumer goods index up by 3.82 per cent.

Further, the industrial goods space appreciated by 1.46 per cent, the banking counter improved by 0.08 per cent, and the insurance industry gained 0.04 per cent.

As a result, the All-Share Index (ASI) increased by 1,694.33 points to 152,057.38 points from 150,363.05 points and the market capitalisation chalked up N1.080 trillion to finish at N96.937 trillion compared with Thursday’s closing value of N95.857 trillion.

A total of 34 shares ended on the advancers’ chart, while 24 were on the laggards’ log, representing a positive market breadth index and bullish investor sentiment.

Austin Laz gained 10.00 per cent to close at N2.42, Union Dicon also jumped 10.00 per cent to N6.60, Tantalizers increased by 9.80 per cent to N2.69, Aluminium Extrusion improved by 9.78 per cent to N12.35, and Champion Breweries grew by 9.71 per cent to N16.95.

Conversely, Sovereign Trust Insurance dipped by 7.42 per cent to N3.87, Royal Exchange lost 6.84 per cent to trade at N1.77, Omatek slipped by 6.84 per cent to N1.09, Eunisell depreciated by 5.88 per cent to N80.00, and Eterna dropped 5.63 per cent to close at N28.50.

Yesterday, traders transacted 1.5 billion units worth N21.8 billion in 25,667 deals compared with the 839.8 million units sold for N32.8 billion in 23,211 deals in the preceding session, showing a surge in the trading volume by 76.61 per cent, an uptick in the number of deals by 10.58 per cent, and a shrink in the trading value by 33.54 per cent.

Economy

FrieslandCampina, Two Others Erase N26bn from NASD OTC Bourse

Published

8 hours ago

20/12/2025

Adedapo Adesanya

By Adedapo Adesanya

Three stocks stretched the bearish run of the NASD Over-the-Counter (OTC) Securities Exchange by 1.21 per cent on Friday, December 19, with the market capitalisation giving up N26.01 billion to close at N2.121 billion compared with the N2.147 trillion it ended a day earlier, and the NASD Unlisted Security Index (NSI) dropping 43.47 points to 3,546.41 points from 3,589.88 points.

The trio of FrieslandCampina Wamco Nigeria Plc, Central Securities Clearing System (CSCS) Plc, and NASD Plc overpowered the gains printed by four other securities.

FrieslandCampina Wamco Nigeria Plc lost N6.00 to sell at N54.00 per unit versus N60.00 per unit, NASD Plc shrank by N3.50 to N58.50 per share from N55.00 per share, and CSCS Plc depleted by N2.91 to N33.87 per unit from N36.78 per unit.

On the flip side, Air Liquide Plc gained N1.01 to close at N13.00 per share versus N11.99 per share, Golden Capital Plc appreciated by 70 Kobo to N7.68 per unit from N6.98 per unit, Geo-Fluids Plc added 39 Kobo to sell at N5.50 per share versus N5.11 per share, and IPWA Plc rose by 8 Kobo to 85 Kobo per unit from 77 Kobo per unit.

During the trading day, market participants traded 1.9 million securities versus the previous day’s 30.5 million securities showing a decline of 49.3 per cent. The value of trades went down by 64.3 per cent to N80.3 million from N225.1 million, but the number of deals jumped by 32.1 per cent to 37 deals from 28 deals.

Infrastructure Credit Guarantee Company (InfraCredit) Plc finished the session as the most active stock by value on a year-to-date basis with 5.8 billion units valued at N16.4 billion, followed by Okitipupa Plc with 178.9 million units transacted for N9.5 billion, and MRS Oil Plc with 36.1 million units traded for N4.9 billion.

The most active stock by volume on a year-to-date basis was still InfraCredit Plc with 5.8 billion units worth N16.4 billion, trailed by Industrial and General Insurance (IGI) Plc with 1.2 billion units sold for N420.7 million, and Impresit Bakolori Plc with 536.9 million units traded for N524.9 million.

Economy

Naira Crashes to N1,464/$1 at Official Market, N1,485/$1 at Black Market

Published

10 hours ago

20/12/2025

Adedapo Adesanya

By Adedapo Adesanya

It was not a good day for the Nigerian Naira at the two major foreign exchange (FX) market on Friday as it suffered a heavy loss against the United States Dollar at the close of transactions.

In the black market segment, the Naira weakened against its American counterpart yesterday by N10 to quote at N1,485/$1, in contrast to the N1,475/$1 it was traded a day earlier, and at the GTBank forex counter, it depreciated by N2 to settle at N1,467/$1 versus Thursday’s closing price of N1,465/$1.

In the Nigerian Autonomous Foreign Exchange Market (NAFEX) window, which is also the official market, the nation’s legal tender crashed against the greenback by N6.65 or 0.46 per cent to close at N1,464.49/$1 compared with the preceding session’s rate of N1,457.84/$1.

In the same vein, the local currency tumbled against the Euro in the spot market by N2.25 to sell for N1,714.63/€1 compared with the previous day’s N1,712.38/€1, but appreciated against the Pound Sterling by 73 Kobo to finish at N1,957.30/£1 compared with the N1,958.03/£1 it was traded in the preceding session.

The market continues to face seasonal pressure even as the Central Bank of Nigeria (CBN) is still conducting FX intervention sales, which have significantly reduced but not remove pressure from the Naira. Also, there seems to be reduced supply from exporters, foreign portfolio investors and non-bank corporate inflows.

President Bola Tinubu on Friday presented the government’s N58.47 trillion budget plan aimed at consolidating economic reforms and boosting growth.

The budget is based on a projected crude oil price of $64.85 a barrel and includes a target oil output of 1.84 million barrels a day. It also projects an exchange rate of N1,400 to the Dollar.

President Tinubu said inflation had plunged to an annual rate of 14.45 per cent in November from 24.23 per cent in March, while foreign reserves had surged to a seven-year high of $47 billion.

Meanwhile, the cryptocurrency market was dominated by the bulls but it continues to face increased pressure after million in liquidations in previous session over accelerating declines, with Dogecoin (DOGE) recovering 4.2 per cent to trade at $0.1309.

Further, Ripple (XRP) appreciated by 3.9 per cent to $1.90, Cardano (ADA) rose by 3.5 per cent to $0.3728, Solana (SOL) jumped by 3.4 per cent to $126.23, Ethereum (ETH) climbed by 2.9 per cent to $2,982.42, Binance Coin (BNB) gained 2.0 per cent to sell for $853.06, Bitcoin (BTC) improved by 1.7 per cent to $88,281.21, and Litecoin (LTC) soared by 1.2 per cent to $76.50, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) traded flat at $1.00 each.