Woalet

Nigeria

Nigerian Naira (NGN)

Regulatory Information

Central Bank of Nigeria (CBN)

Payment Methods

  • +First Bank of Nigeria
  • +GTBank
  • +Access Bank
  • +Paystack
  • +Flutterwave
  • +Opay

Key Corridors

US → Nigeria

High volume, $300k+

UK → Nigeria

High volume, $400k+

UAE → Nigeria

Medium-high volume

South Africa → Nigeria

Medium volume

Frequently Asked Questions

Are there instant transfer options?

Yes, instant bank transfers available through CBN-approved channels.

How fast are transfers to Nigeria?

Instant transfers within minutes. Standard transfers 1-2 hours.

How much cheaper are you vs a bank wire?

40-50% lower all-in. Interbank-linked rates with no correspondent deductions.

Do you support fintech wallets?

Yes, Paystack, Flutterwave, and Opay transfers supported.

What are your Nigeria transfer fees?

Typically $2-6 per transfer. Among the most competitive providers.