Send money from Canada to Nigeria (CAD to NGN)

Compare today's live CAD → NGN exchange rates and fees across every major provider. We show the hidden markup baked into each quote, so you can find the cheapest way to send money from Canada to Nigeria — to a bank account or mobile wallet.

Quick answer: the cheapest way to send CAD to NGN (Nigeria) right now is Boss Money, about 1024.76 NGN per C$1 with no transfer fee, ranked by how much actually arrives in NGN, not by the headline fee.

Mid-market rate: 997.1725 NGN per 1 CAD· updated Jun 28, 2026, 1:30 PM UTC

New to this corridor? Read our guide: The cheapest way to send GBP to Nigeria (2026)

CAD to NGN comparison — sending C$500

Ranked by how much actually arrives, grouped by how your recipient gets paid. Bank is how most people receive money in Nigeria.

Best rate right now

The best-value way to send money to Nigeria right now is Boss Money: send C$500 and your recipient gets 512,380.20 NGN — an effective 1024.76 NGN per C$1, with no transfer fee. Updated Jun 28, 2026, 1:30 PM UTC.

First-transfer bonuses

New customers

Promotional first-transfer rates, for new customers only.

1 provider
Provider
Rate
Fee
True cost
You receive
Boss MoneyTop bonus
Bank deposit · In minutes
1037.63
Free
Beats mid
518,817.20 NGN
Boss MoneyTop bonusBank deposit · In minutes
Recipient gets
518,817.20NGN
Rate1037.63
FeeFree
True costBeats mid

Bank payouts

Most used in Nigeria

Direct deposit to a bank account in Nigeria.

6 providers
Provider
Rate
Fee
True cost
You receive
Boss MoneyBest value
Bank deposit · In minutes
1024.76
Free
Beats mid
512,380.20 NGN
Boss MoneyBest valueBank deposit · In minutes
Recipient gets
512,380.20NGN
Rate1024.76
FeeFree
True costBeats mid
Wise
Bank deposit · by Tuesday
977.90
C$6.59
C$16.25 (3.25%)
482,505.15 NGN
WiseBank deposit · by Tuesday
Recipient gets
482,505.15NGN
Rate977.90
FeeC$6.59
True costC$16.25 (3.25%)
Xoom
Bank deposit · Varies
964.32
Free
C$16.47 (3.29%)
482,161.70 NGN
XoomBank deposit · Varies
Recipient gets
482,161.70NGN
Rate964.32
FeeFree
True costC$16.47 (3.29%)
Instarem
Bank deposit · Varies
962.97
Free
C$17.15 (3.43%)
481,487.05 NGN
InstaremBank deposit · Varies
Recipient gets
481,487.05NGN
Rate962.97
FeeFree
True costC$17.15 (3.43%)
WorldRemit
Bank deposit · Within 2 working days
950.78
Free
C$23.26 (4.65%)
475,390.25 NGN
WorldRemitBank deposit · Within 2 working days
Recipient gets
475,390.25NGN
Rate950.78
FeeFree
True costC$23.26 (4.65%)
Western Union
Bank deposit · In minutes
943.91
C$1.99
C$28.70 (5.74%)
470,075.16 NGN
Western UnionBank deposit · In minutes
Recipient gets
470,075.16NGN
Rate943.91
FeeC$1.99
True costC$28.70 (5.74%)

Mobile money payouts

Pay out to mobile wallets in Nigeria, usually within minutes.

1 provider
Provider
Rate
Fee
True cost
You receive
SendwaveBest rate
Bank deposit · In minutes
974.50
Free
C$11.37 (2.27%)
487,247.96 NGN
SendwaveBest rateBank deposit · In minutes
Recipient gets
487,247.96NGN
Rate974.50
FeeFree
True costC$11.37 (2.27%)

Rates are indicative and last updated Jun 28, 2026, 1:30 PM UTC. Fees assume the cheapest standard bank funding; some providers add a small pay-in fee that varies by how you pay. First-transfer bonuses apply to new customers' first send only. Always verify the final exchange rate on the provider's payment page before making a transfer. See our methodology and advertiser disclosure.

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Sending money from Canada to Nigeria

In Nigeria, a bank transfer to a local naira (NGN) account is the most common way to receive money, alongside a growing set of wallet and mobile options.

Nigeria has a well-known gap between the official and parallel exchange rates, so the rate you get can vary widely between providers — comparing the effective (all-in) rate matters more here than on almost any other route.

When you send Canadian Dollar (CAD) to Nigeria, most of the cost is the exchange-rate markup baked into the rate, not the upfront fee. RemitBeat compares the live CAD → NGN rate across Wise, Remitly, Sendwave, WorldRemit, Western Union and more, benchmarks each against the mid-market rate, and ranks them by the amount that actually arrives in NGN — so you can see the genuinely cheapest option rather than the one with the flashiest headline fee.

Sending money CAD to NGN — your questions

What is the best rate to send money from Canada to Nigeria today?+
As of the latest update, the best value provider for CAD to NGN is Boss Money, with an effective rate of 1024.76 NGN per CAD and no transfer fee. Rates change throughout the day, so always check the live comparison before sending.
What is the mid-market CAD/NGN exchange rate right now?+
The current mid-market (interbank) rate is about 997.1725 NGN per CAD. This is the "real" rate before any provider markup — RemitBeat shows how far each provider's quote sits from it.
What is a hidden markup, and how much does it cost me?+
Many transfer apps advertise "$0 fee" but bake their margin into a worse exchange rate. That gap between the provider's rate and the mid-market rate is the hidden markup. RemitBeat calculates it for every quote so you can compare the true, all-in cost rather than just the headline fee.
How can I receive CAD transfers in Nigeria?+
Most providers we track deliver to a bank account or mobile wallet in Nigeria. The comparison groups providers by payout method — mobile money and bank — so you only compare options that support the way your recipient wants to be paid.
How does RemitBeat make money if comparison is free?+
When you click through to a provider we may earn a small affiliate commission. You pay exactly the same as going to the provider directly — the rate you see is the rate you get. This keeps the comparison free and unbiased.