Compare ways to send money from Canada to Nigeria

Q: How much money can be transferred from Canada to Nigeria?

The amount of NGN you can receive from Canada will vary depending on which provider you use. Some providers specialize in smaller transfers, while others are more suited to large transfers.You should also check if there are any government regulations around how many NGN can be received in Nigeria before making your transfer.

Q: Are there any tax implications to sending money from Canada to Nigeria?

Each country will have its own set of tax laws and rules for receiving money from abroad. Nairas or Canadian Dollars sent for business purposes between could be taxed as foreign income. If you’re looking to receive a large amount of Nairas from abroad, you should check how much you can receive in Nigeria without paying taxes. If you're not sure how the tax process works locally, contact your local tax office or speak to a tax professional.

Q: Can I send money from Canada to Nigeria with MoneyTransfers.com?

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers to transfer money online between Canada, Nigeria, and many other countries.

Q: What are the typical transfer fees for sending Canadian Dollars to Nigeria through various providers?

Transfer fees can vary significantly depending on your chosen provider. That's why you should compare the fees of different services to ensure you get the best deal when sending Canadian Dollars to Nigeria.Our data shows that the cheapest way to send money online between Canada and Nigeria is Dahabshiil.Over the past six months, the most common transfer fee applied by Dahabshiil for CAD to NGN transactions has been $0. This is 0% less than the second-best option available.

Q: How long does it take to send money from Canada to Nigeria?

The delivery time for international transfers can vary. Some services offer instant or same-day transfers, while others might take several business days. The speed may also depend on the CAD and NGN transaction volumes.According to our data, the fastest way to send money online between Canada and Nigeria is Remitly.Over the past six months, Remitly emerged as the fastest service in 50.5% of the searches performed by our users and staff.

Q: What is the best exchange rate I can get for sending money from Canada to Nigeria?

Exchange rates fluctuate frequently. To get the best rate for converting CAD to NGN, compare the rates offered by different providers against the mid-market rate. Right now, the CAD to NGN is 1,199.8897.

Q: Are there any minimum or maximum transfer amounts for sending money from Canada to Nigeria?

Providers often set minimum and maximum transfer limits. These can vary significantly, so it’s worth checking what limits apply for transfers from Canada to Nigeria before proceeding.

Q: Can I schedule regular transfers between Canada and Nigeria?

Many services allow you to set up scheduled, recurring transfers. This can be especially useful for regular financial commitments across borders.

Find money transfer deals for sending money from Canada to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best CAD to NGN exchange rates.

Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Canada.

Affiliate Disclosure

Overall best way: WorldRemit

WorldRemit is our recommended company for transferring Canadian Dollar to Nigeria.

We tested & reviewed 12 transfer providers, and WorldRemit scored highly.

In the last six months, WorldRemit appeared in 70.3% of Canada to Nigeria searches, and was the top rated company supporting payments Canada into Naira.

So for a great mix of cost, speed & features, make your Canada to Nigeria transfer using WorldRemit.

Visit WorldRemit Read Review

How to get the best deal on your Canada to Nigeria transfer

Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Nigeria.
Choose a provider
Select the provider that offers you the best value & service for your needs
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.

Summary of recent searches

Top rated for transfers from Canada to Nigeria

Total number of CA - NG providers

Average cheapest fees & rate

Average fastest transfer

Average transfer time

Within minutes

Best for bank transfers

Best for debit card

Best for credit card

Important things to consider before sending money from Canada to Nigeria

Compare providers

Don't settle for the first option. Always compare ways to send money from Canada to Nigeria to find out about fees, speed, and reliability.

Our analysis included 12 providers that operate between Canada and Nigeria.

Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Nigeria.

Think about the Canada to Nigeria exchange rate

Choose the right payment method

Keep your money safe

Consider transfer limits

How to receive money in Nigeria

Have your ID ready

Don't forget about taxes

Cheapest way to send money to Nigeria from Canada: Dahabshiil

Get the lowest fees with Dahabshiil - the cheapest transfer service at just $0 per transaction*

Data collected over the past six months shows that Dahabshiil is 0% cheaper than the second-best option.

The $0 transfer cost represents the most common fee for CAD to NGN international transfers, based on data from the past six months.

If you want to secure the best rates on a CAD to Nigeria transfer, make sure you pick Dahabshiil to send your money online.

*The most common fee applied to CAD-NGN by Dahabshiil, based on data from the past six months.

Visit Dahabshiil

Fastest money transfers from Canada to Nigeria: Remitly.

Of the 12 money transfer companies tested, Remitly offered the quickest way to send Canadian Dollars to Nigeria.

Through our comparison, we found Remitly to be the fastest option to transfer money from Canada to Naira in 50.5% of instances.

Over the last six months, sending money from Canada to Nigeria through Remitly have an average fee of 0 CAD.

Remitly was one of 12 money transfer providers we compared for overall speed of sending money from Canada to Nigeria. This speed test included depositing Canadian Dollars to an account and the average timeframe for sending money to Nigeria.

When fast transfers are a priority, Remitly is our best choice for sending from Canada to Nigeria.

Visit Remitly Read Review

Need to send over $10,000?

For those big moves, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit. 

While WorldRemit may not always be the cheapest or fastest way to send CAD from Canada to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.

Visit WorldRemit Read Review

Understanding the costs involved when moving money from Canada to Nigeria

When calculating the costs of money transfers between Canada and Nigeria, here's what really matters:

The Mid-Market Rate: Today, the CAD-NGN mid-market rate equals 1,199.8897 NGN per Canadian Dollar.

The CAD-NGN average exchange rate for the past three months has been 1,131.6208 NGN per Canadian Dollar, with a high of 1,233.7707 and a low of 1,011.2301.

When looking to send money, we'd recommend Remitly. On average Remitly is 5.71% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to NGN.

How to find the best exchange rate for Canada to Nigeria

Timing is essential for sending money between CAD and NGN. The exchange rate you secure impacts how much NGN you get for your CAD.

Mid-market Rate

= 1199.889681 NGN

Let's dive into some interesting recent trends.

Over the past six months, the exchange rate from CAD to NGN has seen some fluctuation. On average, it stood at 1,131.6208.
During this period, the highest value recorded was 1,233.7707, while the lowest was 1,011.2301.
WorldRemit, which is our recommended service to send money online from Canada to Nigeria offers an exchange rate that is only 5.71% above the mid-market rate.

Want to secure the best CAD-Naira exchange rates?

Payment methods available to fund your Canada to Nigeria transfer

Bank transfers
Bank transfers are often the default option for sending money from Canada to Nigeria.
By using a money transfer company such as Dahabshiil for transfers from Canada to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.  
On average, Dahabshiil is the cheapest provider for bank transfers from the 12 we tested when sending CAD to Nigeria.
With an average fee of CAD0 to send money from Canada to Nigeria, Dahabshiil offers a great combination of competitive exchange rates and lower fees. 
Debit and prepaid cards
Sending money from Canada to Nigeria with a debit or a prepaid card is very simple with Instarem. 
Instarem is a leader in debit card payments for transfers from Canada to Nigeria, competing among a total of 12 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Nigeria, Instarem emerges as our top choice of the 12 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Canada. 

Our comparison engine and algorithms evaluate providers based on over 25 factors.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Nigeria. 

We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to NGN. 

For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.