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Best 5 Apps to Convert Gift Card to Naira in Nigeria

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Apps to Sell Gift Cards

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:

  1. Nosh
  2. Jiji Nigeria
  3. Kusnap
  4. eBay
  5. 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

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

Economy

Berger Paints, Others Crash Stock Exchange by 0.33%

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By Dipo Olowookere

The Nigerian Exchange (NGX) Limited again failed to get out the danger zone on Friday after it further shed 0.33 per cent at the close of transactions.

The woes of the domestic stock exchange was compounded by the sustained weak investor sentiment after finishing with 19 price gainers and 40 price gainers, indicating a negative market breadth index.

Berger Paints lost 10.00 per cent to close at N35.10, C&I Leasing declined by 9.86 per cent to N5.03, MeCure Industries slipped by 9.77 per cent to N27.70, Champion Breweries depleted by 9.72 per cent to N13.00, and The Initiates crashed by 9.66 per cent to N10.75.

Conversely, NCR Nigeria gained 9.94 per cent to finish at N19.35, McNichols grew by 9.82 per cent to N3.02, Eunisell rose by 9.24 per cent to N70.90, Deap Capital jumped by 8.81 per cent to N1.73, and Ellah Lakes surged by 8.29 per cent to N11.75.

Data showed that Wema Bank was the most active stock yesterday, selling 90.9 million units worth N1.7 billion, Consolidated Hallmark traded 78.3 million units valued at N317.3 million, AXA Mansard exchanged 32.4 million units for N430.6 million, Access Holdings sold 23.4 million units worth N511.8 million, and Zenith Bank transacted 22.5 million units valued at N1.4 billion.

At the close of trades, investors bought and sold 527.2 million shares worth N15.4 billion in 24,637 deals compared with 619.6 million shares valued at N16.5 billion in 24,865 deals recorded a day earlier.

This indicated that the trading volume, value, and the number of deals contracted by 14.91 per cent, 6.67 per cent and 0.92 per cent, respectively.

Business Post reports that the insurance space slipped by 2.15 per cent, the banking counter shrank by 0.88 per cent, the consumer goods index fell by 0.47 per cent, the energy industry slumped by 0.25 per cent, and the industrial goods sector depleted by 0.11 per cent, while the commodity segment closed flat.

On the last trading day of the week, the All-Share Index (ASI) decreased by 501.74 points to 149,524.81 points from 150,026.55 points and the market capitalisation contracted by N319 billion to N94.998 trillion from N95.317 trillion.

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Economy

Afriland Properties, Air Liquide Buoy NASD OTC Bourse by 0.07%

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air liquide nigeria

By Adedapo Adesanya

The duo of Afriland Properties Plc and Air Liquide Plc extended the positive run of the NASD Over-the-Counter (OTC) Securities Exchange by a 0.07 per cent on Friday, November 7.

Afriland Properties Plc appreciated by N1.52 during the session to end at N20.73 per unit compared with the previous day’s N19.21 per unit, and Air Liquide Plc rose by 90 Kobo to close at N10.00 per share versus the preceding session’s N9.10 per share.

This raised the market capitalisation of the trading platform by N1.50 billion to N2.190 trillion from the N2.189 trillion it ended a day earlier, and the NASD Unlisted Security Index (NSI) increased by 2.51 to 3,661.07 points from the 3,658.56 points it ended on Thursday.

The bourse recorded a price loser yesterday and it was Central Securities Clearing System (CSCS) Plc, which fell by 15 Kobo to close at N40.00 per unit, in contrast to the previous day’s N40.15 per unit.

During the trading session, the volume of securities traded by the market participants went down by 57.9 per cent to 197,833 units from the previous day’s 221,284 units, the value of securities decreased by 66.3 per cent to N4.0 million from N11.9 million, while the number of deals went up by 9.1 per cent to 24 deals from 22 deals.

When the market ended for the day, Infrastructure Credit Guarantee Company (InfraCredit) Plc was the most traded stock by value with a year-to-date sale of 5.8 billion units valued at N16.4 billion, followed by Okitipupa Plc with 170.3 million units transacted for N8.0 billion, and Air Liquide Plc with 507.4 million units traded for N4.2 billion.

InfraCredit Plc was also the most traded stock by volume on a year-to-date basis with 5.8 billion units sold for N16.4 billion, trailed by Industrial and General Insurance (IGI) Plc with 1.2 billion units worth N419.7 million, and Impresit Bakolori Plc with 536.9 million units transacted for N524.9 million.

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Economy

Naira Firms to N1,436.58/$1 at Official Market

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naira official market

By Adedapo Adesanya

The Naira appreciated further against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, November 7, by 16 Kobo or 0.12 per cent to close at N1,436.58/$1, in contrast to the N1,436.74/$1 it ended a day earlier.

Equally, the Nigerian Naira gained against the Pound Sterling in the official market yesterday by 21 Kobo to finish at N1,882.35/£1 compared with Thursday’s closing price of N1,882.56/£1 and improved against the Euro by 19 Kobo to trade at N1,657.52/€1 compared with the previous day’s N1,657.71/€1.

Once again, the domestic currency retained its previous day’s value of N1,446/$1 at GTBank forex counter, and at the parallel market, it closed flat at N1,450/$1 during the trading day.

The Naira stability is hinged on continued FX interventions from the Central Bank of Nigeria (CBN) and overall investor sentiment which continues to get backing from strong external reserves and expectations of sustained high crude oil prices.

Nigeria’s gross external reserves increased to $43.324 billion as of November 6, up from $43.197 billion at the end of October.

This week, the country saw a 477 per cent oversubscribed Eurobond raise which provided additional support for the local currency outlook as it signifies good foreign investment sentiments on the Nigerian economy.

In the crypto market, there were some gains as investors clawed back after recent losses as economic data suggests a December Federal Reserve rate cut could be very much back on the table.

Amid the government shutdown and lack of official statistics, the University of Michigan Consumer Sentiment Survey released on Friday showed that suggest the central bank might have to re-consider plans not to cut rates again at its final meeting of the year in December.

Litecoin (LTC) added 10.7 per cent to sell at $99.97, Dogecoin (DOGE) expanded by 8.2 per cent to $0.1795, Cardano (ADA) appreciated by 6.6 per cent to $0.5791, Ripple (XRP) gained 4.2 per cent to close at $2.31, Binance Coin (BNB) oared by 2.8 per cent to $993.06, Ethereum (ETH) jumped by 2.8 per cent to $3,445.19, Solana (SOL) increased by 2.3 per cent to $160.36, and Bitcoin (BTC) advanced by 0.5 per cent to $102,371.77, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) remained unchanged at $1.00 each.

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