Compare rates from 10+ providers. Save up to 60% on fees with stablecoins.
No providers found for this corridor.
Rates updated recently. Actual rates may vary. Always verify on the provider's site.
Different methods suit different needs. Digital apps are fastest, stablecoins offer best rates, and MTOs provide cash pickup.
Wise, WorldRemit, Remitly
Yellow Card, Busha - Best rates
BEST RATESWestern Union, MoneyGram
Verified and trusted services for sending money to Nigeria
Mid-market rates with transparent fees
Multiple payout options including cash pickup
Best rates via USDT/USDC stablecoins
USDT and USDC offer the best exchange rates for Nigeria transfers - often 3-5% better than traditional services. Here's why:
Stablecoins trade on open markets at rates closer to the parallel rate, not the CBN official rate.
Transfers settle in minutes, 24/7, with no banking hours or delays.
Average cost is 60% lower than traditional remittance services.
Yellow Card and Busha are licensed and regulated for your security.
Use our calculator to find the best rate for your amount
Pick based on rate, speed, and payout method
Follow the provider's process to complete transfer
Money arrives in minutes to days depending on method
For the absolute lowest cost, use stablecoins via Yellow Card or Busha. For traditional methods, Wise and Sendwave typically offer the best value with transparent fees and competitive rates.
Most digital services (Wise, WorldRemit) deliver within minutes to a few hours for bank transfers. Cash pickup is typically same-day. Stablecoin transfers are near-instant.
Yes, when using licensed and regulated services. All providers listed on NairaSpot are verified. Look for providers regulated by authorities like the FCA (UK), FinCEN (USA), or SEC Nigeria.
The CBN (Central Bank of Nigeria) sets an official rate, but the parallel (black market) rate is what people actually trade at. Most remittance services use rates between these two. Stablecoins often get rates closer to parallel.
For bank transfers, yes. For cash pickup, you'll need the recipient's full name matching their ID. For mobile money, you need their phone number.