Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 45.8% of United Kingdom to Nigeria searches, and was the top rated company out of 8 that support GBP to NGN.
So for a great mix of cost, speed & features, make your United Kingdom to Nigeria transfer using WorldRemit.
How to get the best deal on your United Kingdom to Nigeria transfer
Important things to consider before sending money from United Kingdom to Nigeria
Don't settle for the first option. Always compare ways to send money from United Kingdom to Nigeria to find out about fees, speed, and reliability.
Our analysis included 8 providers that operate between United Kingdom and Nigeria.
Through this, you get a comprehensive view of all the options you have in United Kingdom when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from United Kingdom: TransferGo
Data collected over the past six months show that TransferGo is 11.2% cheaper than the second-best option.
The £0 transfer cost represents the most common fee for GBP to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a GBP to Nigeria transfer, make sure you pick TransferGo to send your money online.
*The most common fee applied to GBP-NGN by TransferGo, based on data from the past six months.
Fastest way to send money from United Kingdom to Nigeria: TransferGo
Our data shows that TransferGo came up as the fastest way to send money from United Kingdom to Nigeria in 63.4% of searches. This makes them well suited to urgent GBP to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United Kingdom to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, TransferGo is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from United Kingdom in 63.4% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
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 GBP from United Kingdom to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from United Kingdom to Nigeria
When calculating the costs of money transfers between United Kingdom and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the GBP-NGN mid-market rate equals to 1382.814027 NGN per Pound Sterling. Keep in mind that this rate fluctuates all the time.
The GBP-NGN average exchange rate of the past three months has been 1421.7635 NGN per Pound Sterling, with a high of 2065.382 and a low of 928.3368.
Fees and Markups: That's where TransferGo shines, combining the best of both worlds: excellent GBP to NGN rates that are only -26.01% away from the average.
How to find the best exchange rate for Pound Sterling to Naira
Timing is essential sending money between GBP and NGN. The exchange rate you secure impacts how much NGN you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to NGN has seen some fluctuation. On average, it stood at 1421.7635.
During this period, the highest value recorded was 2065.382, while the lowest was 928.3368.
WorldRemit, which is our recommended service to send money online from United Kingdom to Nigeria offers an exchange rate that is only -25.57% above the mid-market rate.
Want to secure the best GBP-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to Nigeria!
Payment methods available to fund your United Kingdom to Nigeria transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and United Kingdom.
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 United Kingdom to Nigeria .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.