Glossary
The licence a company needs to send money into Nigeria from abroad. Western Union, MoneyGram and Remitly have one. Since May 2026 they must pay you in naira at the official rate. So if someone abroad sends you money this way, you cannot receive it in dollars.
Since May 2026, remittance apps must pay out in naira at the official rate. Here is what still gets you dollars, what each route costs, and how to pick.
The real ways to receive international payments in Nigeria, what each one costs, and which platforms won't let Nigerians sign up at all.
