Send money to Nigeria
Best rates & providers for NGN transfers
Delivery methods in Nigeria
Bank Account Deposit
Direct credit to GTBank, Access, First Bank, UBA, Zenith and 20+ other Nigerian banks. NIBSS Instant Payment supports near-instant credit.
Mobile Money
OPay, PalmPay and Kuda are growing rapidly in Nigeria. Many MTOs support direct wallet credit alongside traditional bank transfer.
Cash Pickup
Western Union, MoneyGram and RIA have very wide networks. CBN has also designated specific banks as IMTO settlement partners for cash payouts.
Top corridors to Nigeria
Best providers for sending to Nigeria
Regulations & Rules
CBN IMTO licensing
International Money Transfer Operators (IMTOs) operating in Nigeria must be licensed by the Central Bank of Nigeria. Only licensed IMTOs can credit Naira accounts directly.
Naira-only payouts
All inbound personal remittances must be paid out in Nigerian Naira at the prevailing CBN rate. Foreign currency payouts are restricted to specific account types.
Multiple parallel rates
Nigeria has historically had a gap between the official and parallel-market exchange rates. Recent reforms have closed much of this — but it's still worth checking the current effective rate before sending.