Nigeria is the largest remittance destination in Sub-Saharan Africa, receiving over $19 billion a year according to the World Bank. A significant share comes from the United Kingdom, home to one of the largest Nigerian diaspora communities in Europe.
The World Bank puts the average cost of sending money to Sub-Saharan Africa from high-income countries at 6.8% for a £150 transfer. Below are live quotes for sending £500 to Nigeria.
6.8% — Average cost to send money to Sub-Saharan Africa (World Bank Q4 2024) (World Bank Remittance Prices Worldwide)
Compare the naira delivered. A "zero fee" offer can still be expensive if the exchange rate is below mid-market.
A provider that advertises a low or zero fee can still be expensive if its exchange rate is below the mid-market rate. Compare the amount your recipient receives.
Most recipients are paid into a Nigerian bank account. Confirm that the account can receive international transfers, and ask whether the bank charges for incoming credits.
Compare each provider's rate with the Central Bank of Nigeria reference rate, and be cautious about a quote that is far from it without a clear reason.
The set of providers and their prices differ by sending currency, so a ranking made for dollar senders may not hold for pounds. The live table shows which providers are competitive today for GBP to NGN.
Our July 2026 live measurement on GBP→NGN found Luno at −1.14% all-in — recipients get more naira than the strict mid-market conversion, reflecting favourable demand dynamics on Luno's exchange. WorldRemit, the leading traditional option, measured −1.01% on the same corridor, meaning UK senders currently find strong rates on both sides of the crypto/traditional divide.
GBP→NGN is among the most actively priced corridors we track. Our June 2026 Cross-Border Cost Index (310 corridors) found digital-asset rails cheapest on 81% of all routes — but for this specific corridor the margin between best crypto and best traditional is unusually narrow, so it's worth comparing live before each transfer.
See where GBP→NGN ranks in the corridor cost league table against all other routes.
RemitRoutes compares real-time quotes from Wise, Sendwave, Remitly, WorldRemit, and crypto rails for the GBP-NGN corridor. Enter your amount and see the exact NGN your recipient gets — fees and FX markup included.
Use the live table above and compare the naira delivered. Quotes change through the day.
No. The exchange rate can carry a margin larger than a visible fee.
It can be with regulated exchanges, but a stablecoin sent to the wrong address cannot be recovered.
Compare live rates across 370+ corridors on RemitRoutes · methodology.