Are you in the United States, Canada, the UK, or anywhere abroad? Do you plan to send money to Nigeria at any point? If yes, this article will let you know the top 8 platforms to use in 2023.
Sending money from a foreign country to Nigerian bank accounts can be a nightmare, especially considering that Nigeria has been blacklisted by major global cross-border platforms like Paypal. If you always used wire transfers to send money to Nigeria, you should be able to recount how costly its charges are currently. But with any of these alternatives, you can send money to Nigeria quickly and hassle-free.
1. Grey
Grey is a digital banking platform tailored for Nigerians, freelancers, and remote workers. With Grey, you can open virtual USD, GBP, and EUR accounts, receive international payments, and convert to naira at competitive rates. As of 2025, Grey supports instant USD virtual accounts, low transaction fees, fast transfers, multi-currency support, and USDC deposits. Grey is especially popular for freelancers and digital nomads who want to avoid high bank fees and long waits.
Official site: https://grey.co
Fees: Low, varies by corridor Exchange Rate: Competitive, close to mid-market Speed: Instant to hours User Reviews: ★★★★☆ (App Store 4.5/5) Praised for reliability, speed, and transparency.
2. LemFi
LemFi (formerly Lemonade Finance) is a cross-border money transfer app focused on Africans in the diaspora. LemFi lets users in the UK, US, Canada, and Europe send money instantly to Nigerian bank accounts and mobile wallets. It’s known for zero transfer fees, competitive rates, and instant delivery. In 2025, LemFi remains a favorite for Nigerians abroad due to its simplicity and reliability.
Official site: https://www.lemfi.com
Fees: No transfer fee Exchange Rate: 1–2% above mid-market Speed: Instant to Nigerian banks and wallets User Reviews: ★★★★☆ (App Store 4.6/5) Praised for speed, but some users want more payout countries.
3. Afriex
Afriex is a remittance app built for Africans worldwide. It allows users to send and receive money between the US, UK, Nigeria, Ghana, and Kenya. Afriex offers free transfers and competitive exchange rates. In 2025, Afriex continues to stand out for supporting crypto and fiat transfers, making it a flexible choice for tech-savvy users.
Official site: https://www.afriexapp.com
Fees: No transfer fee Exchange Rate: 1–3% above mid-market Speed: Instant to Nigerian banks User Reviews: ★★★★☆ (App Store 4.4/5) Users love the free transfers and crypto support.
4. Instarem
Instarem is a global money transfer service that lets users send money to Nigeria from over 60 countries. Instarem is known for low fees, transparent rates, and fast delivery. In 2025, it’s a top pick for those who want to avoid hidden charges and get competitive rates on large transfers.
Official site: https://www.instarem.com
Fees: Low, varies by corridor Exchange Rate: 0.5–1.5% above mid-market Speed: 1–2 business days User Reviews: ★★★★☆ (Trustpilot 4.3/5) Praised for transparency and speed.
5. Send by Flutterwave
Send by Flutterwave is the remittance solution replacing Barter. It enables users to send money from the US, UK, EU, and Canada to Nigeria and other African countries. Send by Flutterwave offers instant delivery to Nigerian bank accounts and mobile wallets, with transparent fees and strong security. In 2025, it’s one of the most reliable ways to send money home to Nigeria.
Official site: https://send.flutterwave.com
Fees: Low, varies by country Exchange Rate: 1–2% above mid-market Speed: Instant to Nigerian banks and wallets User Reviews: ★★★★☆ (App Store 4.5/5) Praised for speed and ease of use.
6. Wise (formerly TransferWise)
Wise is a favorite for sending money to Nigerian bank accounts. It uses the real mid-market exchange rate (no markup), and fees are among the lowest you’ll find. Wise is transparent: you see all fees and the exact amount your recipient will get before you send. Transfers to Nigeria are usually completed in 1–2 business days.
Official site: https://wise.com
Fees: ~0.6–1.2% of the amount + small fixed fee Exchange Rate: Real mid-market rate, no markup Speed: 1–2 business days to bank accounts User Reviews: ★★★★★ (Trustpilot 4.5/5, 200,000+ reviews) Users love transparency and low costs; some wish for more cash pickup options.
7. WorldRemit
WorldRemit is widely used for sending money to Nigeria, supporting bank deposits, airtime top-up, and cash pickup. It’s easy to use, works in over 130 countries, and delivers most transfers instantly or within a few hours. WorldRemit is known for its reliability and transparency. You’ll see the fees and exchange rate before you send, so there are no surprises.
Official site: https://www.worldremit.com
Fees: $2.99–$4.99 per transfer (varies by corridor) Exchange Rate: 1–2% above mid-market Speed: Instant to bank or cash pickup User Reviews: ★★★★☆ (Trustpilot 4.1/5, 80,000+ reviews) Praised for speed and reliability, but some report occasional delays.
8. Remitly
Remitly lets you send to Nigerian bank accounts or for cash pickup. You can choose “Express” for instant delivery (higher fee) or “Economy” for a lower cost if you’re not in a rush. The app and website are user-friendly, and you can track your transfer status easily. Remitly is popular with Nigerians in the diaspora because of its wide reach and fast delivery. The service is regulated and secure, with clear upfront pricing.
Official site: https://www.remitly.com
Fees: $1.99–$4.99 (Express), $0.99–$2.99 (Economy) Exchange Rate: 1–2.5% above mid-market Speed: Express is instant; Economy takes 1–3 days User Reviews: ★★★★☆ (Trustpilot 4.1/5, 40,000+ reviews) Fast delivery, but some users report ID verification issues.
9. Sendwave
Sendwave is a mobile app for instant, fee-free transfers to Nigerian bank accounts. It’s simple: download the app, link your debit card, and send money directly to a Nigerian account. Sendwave doesn’t charge a transfer fee, but makes money on the exchange rate. It’s best for small, fast transfers and is popular with families sending money from the US, UK, and Europe.
Official site: https://www.sendwave.com
Fees: No fee (they make money on the exchange rate) Exchange Rate: 3–5% above mid-market Speed: Instant to bank account User Reviews: ★★★★☆ (Trustpilot 4.6/5, 10,000+ reviews) Users love the simplicity and speed, but rates are less transparent.
10. Payoneer
Payoneer is a widely used platform that allows individuals and businesses to receive international payments in multiple currencies. It is particularly popular among freelancers, e-commerce sellers, and professionals who work with global clients. Users can receive USD, EUR, and GBP funds and withdraw them to a Nigerian bank account.
Official site: https://www.payoneer.com
Fees: Low, varies by corridor Exchange Rate: 1–3% above mid-market Speed: 1–2 business days User Reviews: ★★★★☆ (Trustpilot 4.2/5, 50,000+ reviews) Popular with freelancers and businesses.
11. Western Union & MoneyGram
Western Union and MoneyGram remain traditional options for receiving international payments in Nigeria. These services allow individuals to collect cash from local agents or deposit it directly into their bank accounts. However, they may not be the best choice for those looking for how to receive USD in Nigeria without limits, as they often have restrictions and high fees.
Official site: https://www.westernunion.com | https://www.moneygram.com
Fees: $5–$10 (varies by corridor) Exchange Rate: 3–6% above mid-market Speed: Cash pickup is instant; bank 1–2 days User Reviews: ★★★☆☆ (Trustpilot 3.8/5, 30,000+ reviews) Widely available, but higher fees and rates.
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Emmanuel Moses Temidayo is a consumer tech writer based in Nigeria, with a keen focus on fintech, mobile apps, and web technologies across Africa. He covers the latest tech news, provides practical how-to articles, and delves into the dynamic fintech landscape, offering readers a deeper understanding of the innovations shaping the continent’s digital future.
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Talkio Mobile , Uganda’s newest telecommunications service provider, is excited to announce a groundbreaking partnership with Banana Life Investments, a leading chain of mobile phone and retail shops. This strategic alliance aims to bring Talkio’s innovative telecom services closer to Ugandans.
This collaboration will leverage Banana Life Investments’ extensive retail network of 26 stores strategically located across Uganda in major malls, towns, and cities to provide customers with unparalleled convenience. Through this partnership, Talkio Mobile will offer its full suite of services, including SIM cards, airtime, and exclusive product offerings at any Banana Life Investment location.
This partnership is more than a business initiative—it’s a shared commitment to transforming lives. By integrating Talkio Mobile’s forward-thinking services & nationwide reach with Banana Life Investments’ retail footprint, the two brands are setting a new standard for customer convenience and inclusivity.
READ ALSO: 5 Things You Need to Know About Talkio Mobile: New Telecom Company in Uganda
“This partnership aligns perfectly with our mission of connecting Ugandans to innovative and transformative telecom solutions,” said Vianne Allan Ahura, CEO of Talkio Mobile. “By leveraging Banana Life Investments’ trusted presence and nationwide footprint, we are not only expanding our agent network but also bringing our services closer to the communities we serve. This collaboration ensures that our online customers can now enjoy a seamless offline experience right at their doorstep. Together, we are empowering Ugandans with the tools they need to stay connected, grow their businesses, and unlock new opportunities.”
Solomon Ssemuyaba, the assistant general manager at Banana Life Investments, echoed this sentiment: “We are proud to join hands with Talkio Mobile to deliver innovative, customer-centric solutions. This partnership represents our shared vision of fostering a connected future for Uganda. Together, we are redefining what convenience and accessibility mean for our customers.”
The partnership goes beyond retail distribution, introducing joint initiatives aimed at value addition and personalized service. Customers can expect seamless access to:
- SIM Card Sales : Available at all Banana Life Investments locations.
- Talkio phone number bookings : Book your preferred Talkio number at any Banana Life Investments location.
- Airtime Services : Recharge easily through in-store purchases.
- Customer Support : Friendly and knowledgeable staff trained to assist with Talkio Mobile products and services.
Additionally, the two companies plan to launch promotional campaigns and expand services to even more locations, ensuring no Ugandan is left behind in the digital transformation.
Solomon Obwot is a tech writer based in Kampala, Uganda, with extensive experience in the local tech startup ecosystem. He covers the latest news and analysis on consumer tech, writes in-depth smartphone reviews, and conducts insightful interviews with industry experts. Solomon is also a passionate podcaster, sharing his knowledge and engaging in discussions about Africa’s rapidly growing tech landscape. Send emails to [email protected]
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The Mobile World Congress (MWC) Barcelona , the world’s largest exhibition for the mobile industry, has just concluded. This annual event gathers leading technology brands to unveil groundbreaking mobile, AI, and digital solutions innovations. At MWC 2025, TECNO showcased a range of AI-driven products, reinforcing its commitment to cutting-edge technology.
The key launches included:
- CAMON 40 Series – AI-powered smartphones with One-Tap FlashSnap and advanced mobile imaging features.
- MEGABOOK S14 – The world’s lightest 14-inch OLED laptop, featuring AI-enhanced multitasking and Snapdragon® X Elite.
- MEGABOOK T14 Air & K15S – Lightweight ultrabooks with AI capabilities and extended battery life.
- TECNO AI Glasses Series – Smart eyewear integrating AI imaging, translation, and AR display.
Jan Stryjak, Associate Director at Counterpoint Research, shared, “In the past year, we have observed significant advancements in the field of AI. AI will continue to drive transformative changes in our daily lives. In this critical period for the economic development of emerging markets, TECNO’s AI technologies are unlocking potential for diverse needs.”
“The application of AI technologies is crucial and urgent in emerging markets. We’re committed to bridging the digital gap between emerging and mature markets,” said TECNO CMO, Laury Bai. “TECNO is taking a practical approach to make AI more accessible, ensuring users in emerging markets can access AI and cutting-edge technologies.”
Laury Bai, TECNO CMO
Driven by its commitment, TECNO has forged a robust partnership with MediaTek, establishing a joint AI laboratory dedicated to accelerating advancements in AI. At the event, James Chen, Vice President of Product and Technology Marketing at MediaTek, emphasized, “The synergistic R&D efforts between TECNO and MediaTek are set to democratize AI technology. Our collaboration powers a seamless, interconnected AI experience, bringing users a future of truly connected intelligence.”
James Chen, Vice President, Product and Technology Marketing at MediaTek
CAMON 40 Series Powered by AI One-Tap FlashSnap Revolutionizes Smartphone Snapshot Photography
TECNO’s Global Product Launch Officer, Olivier Mas, officially unveiled TECNO’s next-generation AI-driven products. Attendees at TECNO’s launch event witnessed the highly anticipated debut of TECNO’s new CAMON 40 Series, a device that embodies TECNO’s legacy of excellence in mobile imaging. Featuring One-Tap FlashSnap Mode and TECNO AI, the series sets a new benchmark in smartphone photography, delivering exceptional snapshot capabilities and AI-enhanced user experiences.
Olivier Mas, TECNO Global Product Launch Officer
The CAMON 40 Series exemplifies a commitment to innovation that transcends hardware and software, extending into strategic partnerships that deliver cutting-edge AI solutions to emerging markets. Matt Waldbusser, Managing Director of Global Solutions and Consumer AI at Google Cloud, remarked, “Our collaboration with TECNO on the CAMON 40 Series is a standout example. Leveraging Google Cloud’s capabilities, we’ve introduced groundbreaking features such as Ask Ella, AI Image Generator, AI Writing, and AI Translate. I am particularly impressed by the industry-leading and competitive edge of some of these innovations. For instance, TECNO’s AI supports text translation in 136 languages, voice translation in 44 languages, and photo translation in 51 languages. We are excited to further strengthen our partnership with TECNO, unlocking limitless potential to bring advanced yet practical AI capabilities to emerging markets in a convenient and secure manner.”
Matt Waldbusser, Managing Director of Global Solutions and Consumer AI at Google Cloud
The CAMON 40 Series’ innovative One-Tap FlashSnap leverages AI to enhance imaging capabilities, revolutionizing mobile photography. AI optimizes camera startup and continuous shooting for instant captures, while AI-powered multi-frame processing intelligently reduces noise and enhances details, delivering sharper, more refined images. Additionally, the BestMoment algorithm analyzes motion patterns, automatically selecting the optimal frames for precise, high-quality shots in dynamic scenarios, ensuring users an unparalleled mobile imaging experience.
TECNO CAMON 40 Demonstrates the Cutting-Edge FlashSnap Capability
To delve deeper into the imaging prowess of the CAMON 40 Series, TECNO invited Frédéric Guichard, CEO of DXOMARK, to share the image performance of CAMON 40 Pro. Frédéric highlighted, “The CAMON 40 Pro 5G has demonstrated exceptional imaging and performance capabilities in our rigorous evaluations. We’ve been particularly impressed with photo performance being the best for devices under 600$, and the 1st eligible device to our Smart Choice Label.”
Onsite photo of Frédéric Guichard, CEO of DXOMARK
Beyond its advanced rapid-capture functionality, the integration of TECNO AI further enhances the device’s capabilities. Intelligent imaging, a 360° AI Call Assistant, and productivity tools elevate creativity and efficiency. Powered by MediaTek’s latest chipsets, the series ensures smooth performance, fast processing, and extended battery life. With a sleek, durable, and water-resistant design, it seamlessly blends style with practicality for modern users.
MEGABOOK S14, the World’s Lightest 14-inch OLED Laptop, Inspires Creators and Game Lovers
The MEGABOOK S14 is TECNO’s first OLED laptop and the industry’s lightest 14-inch OLED laptop, featuring a 2.8K OLED display and incredibly weighing only 899g (31.7oz). The laptop is equipped with the outstanding power of the Snapdragon® X Elite compute platform, the flagship chipset for AI PCs from Qualcomm Technologies, and integrates TECNO’s world’s first self-developed edge-side large-scale AI model, to achieve AI-enhanced multitasking.
World’s Lightest 14-inch Laptop MEGABOOK S14
Specifically designed for next-gen AI productivity, TECNO AI enhances the Ella AI Assistant, AI-powered PPT generation, AI-driven image search, smart albums, and offline meeting transcription with multilingual support. The External Graphics Dock, equipped with a powerful NVIDIA graphic card, delivers scalable, high-performance capabilities for design, gaming, and content creation. The laptop’s 2.8K OLED display with a 120Hz refresh rate ensures exceptional visuals, while DTS:X Ultra dual 2W speakers, Wi-Fi 6E, fingerprint login, and PC Manager optimize connectivity and user experience.
TECNO’s strategic partnership with Qualcomm Technologies was a highlight of the TECNO AI Ecosystem Product Launch event, demonstrating a shared vision for the future of AI PCs. Kedar Kondap, SVP & GM of Compute and Gaming at Qualcomm, took the stage to discuss the integration of Qualcomm’s cutting-edge PC chipset into the new MEGABOOK S14 laptop, underscoring TECNO’s commitment to delivering high-performance computing solutions.
Kedar Kondap, SVP & GM of Compute and Gaming at Qualcomm
In addition, TECNO also introduced several standout new products. The featherlight 999g (35.2oz) ultrabook MEGABOOK T14 Air, features high-speed storage and LPDDR5 memory, while the ultra-thin, all-metal MEGABOOK K15S, equipped with a powerful 70Wh battery and supported by a 65W PD GaN charger, offers a smarter and more long-lasting user experience. Both devices are empowered by TECNO AI with advanced AI capabilities such as AI Album and AI Voice Assistant, making them perfect companions for all aspects of life.
The Next Game-Changing Tech Innovation: See the World with the TECNO AI Glasses Series
TECNO’s new AI Glasses Series also took center stage with the introduction of TECNO AI Glasses Pro and TECNO AI Glasses, reimagining eyewear with cutting-edge imaging, intelligent interactions, and a sleek aesthetic. The TECNO AI Glasses feature an aviator design, while the Pro model showcases a browline style, both embodying timeless elegance and modern fashion.
TECNO AI Glasses Redefine the Way People See the Future
Equipped with a 50MP high-definition camera, the series integrates an OV50D sensor, a 100° ultra-wide-angle custom lens, and an AI ISP imaging chip, forming a mobile-grade imaging system. This system lets users capture stunning, high-resolution photos with advanced AI noise reduction and HDR capabilities. With real-time translation supporting over 100 languages, TECNO AI’s Ella empowers accurate translation even for less common languages, as well as voice control, AI-powered object recognition, and intelligent information summaries for ultimate convenience.
Additionally, the AI Glasses Pro features a MicroLED display with 7th-gen resin waveguide technology, offering a 30° field of view, over 1,500 nits of brightness AR display, and a lightweight, ultra-thin design. The AR display allows users to effortlessly enjoy features like translation display, navigation, information prompts, and teleprompting.
Equipped with a 250mAh battery, these glasses offer over 11 hours of music playback and 8 hours of mixed use with just 30 minutes of charging. An advanced ultra-linear speaker, bass enhancement, and spatial sound deliver an immersive audio experience, while Wi-Fi 6 and Bluetooth 5.4 ensure seamless connectivity.
With these innovative launches, TECNO is setting new standards in mobile imaging and AI-enhanced technology, shaping a more connected and empowered future for consumers in emerging markets. Once again, TECNO has showcased its cutting-edge innovation on the global stage at MWC. With the brand essence of “Stop at Nothing”, TECNO’s relentless pursuit of innovation is making AI-powered technology more accessible, allowing consumers to experience the future ahead of time.
Solomon Obwot is a tech writer based in Kampala, Uganda, with extensive experience in the local tech startup ecosystem. He covers the latest news and analysis on consumer tech, writes in-depth smartphone reviews, and conducts insightful interviews with industry experts. Solomon is also a passionate podcaster, sharing his knowledge and engaging in discussions about Africa’s rapidly growing tech landscape. Send emails to [email protected]
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