Remittance corridor · World Bank RPW · 2025Q3

Ghana → Nigeria

Average cost sits in the upper fleet tercile at 13.3% on this Ghana → Nigeria route - senders pay more than typical RPW-tracked corridors.

13.3%
Average cost
12.0%
Cheapest · EcoBank Rapid Transfer
3
Providers tracked

How the 13.3% average cost breaks down

World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2025Q3 figures as the detail table below.

Corridor-cost tercile vs fleet

Ghana → Nigeria posts 13.3% average cost, above the fleet upper tercile (~6.6%), ranking #323 of 348. Cheapest tracked floor: 12.0% via EcoBank Rapid Transfer.

#323 of 348
cheapest-cost corpus rank
13.3%
average cost of a $200 transfer
+6.0pp
vs the 7.3% average of 348 corridors
+10.3pp
gap to the UN 3% target

Compared against the 348 corridors in the 2025Q3 release, not a generic headline figure.

F
Corridor Value Score
16/100
Ghana to Nigeria

Based on average cost, delivery speed, FX margin, provider competition, and cost trend from World Bank Remittance Prices Worldwide data, benchmarked against all 348 tracked corridors - not a quote or a prediction of what you will pay.

Cost F
13.29%
Average total cost, sending $200-equivalent
Speed C+
Same day
Average delivery time, latest quarter
FX transparency F
6.20%
Exchange-rate margin above the mid-market rate
Competition F
3 providers
Number of providers actively quoting this corridor
Cost trend F
+2.73pp
Change in average cost vs. the prior quarter

What changed

World Bank RPW release record: 2025Q1 to 2025Q3

  • Average transfer cost changed from 10.56% to 13.29% (+2.73 percentage points).
  • Lowest observed transfer cost changed from 5.39% to 12.02% (+6.63 percentage points).
View saved corridors

Subscribe to this corridor's cost changes (RSS) — one item per World Bank RPW release, no account or email required.

Where this corridor sits by provider panel size

Ghana → Nigeria has 3 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Ghana → Nigeria vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

3 353rd of 377 higher than 24 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Ghana → Nigeria compares

Average cost of a $200 transfer, percent, lower is cheaper

Ghana → Nigeria13.29%Cheapest provider12.02%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2025Q3

SDG 10.c progress (target: 3%) 14.3%
Cheapest

13.29% average - 10.3pp above target

Cost trend: Ghana → Nigeria

Average and cheapest cost of a $200 transfer over time, percent

0%10%20%30% 2011Q12013Q42015Q32017Q22019Q12020Q42022Q32024Q22025Q3 13.3%12% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2025Q3

Sending Country

Ghana
Sub-Saharan Africa
13.29%
Avg outbound cost
$1.3B
Total remittances sent
All corridors from Ghana →

Receiving Country

Nigeria
Sub-Saharan Africa
5.36%
Avg inbound cost
$22.8B
Total remittances received
All corridors to Nigeria →

World Bank RPW fee spread

Release 2025Q3 GH→NG

13.3% avg · 12.0% floor · 1.27pp spread on $200

  • AVG 13.3%
  • CHEAP 12.0%
  • SPREAD 1.27pp
  • SDG +10.3pp
  • RANK #323 of 348
  • REL 2025Q3
  • PANEL 3
Angola→Namibia13.29%Kenya→Tanzania13.41%Kenya→South Sudan13.43%Ghana→Nigeria (this)13.29%
Cross-sender corridors nearest Ghana → Nigeria by average RPW cost (2025Q3)

Fee spread manifest for Ghana → Nigeria: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

High transfer cost on Ghana → Nigeria

World Bank RPW prices Ghana → Nigeria at 13.29% (2025Q3) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 6.9 pp above the ~6.4% global average.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 3 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs on this route have risen sharply, up 2.73 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way. Across 54 quarters on record, average cost ranged 5.2%–27.5%, with 0 quarters at or under the UN 3% target. It sits 10.3 pp above the UN SDG 10.c 3% target.

About Ghana → Nigeria data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 13.29%; cheapest observed 12.02% via EcoBank Rapid Transfer; 3 providers tracked across 54 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from Ghana to Nigeria?

Average 13.29% of the transfer amount (World Bank RPW, 2025Q3) - upper fleet tercile (above ~6.6%). Cheapest observed: 12.02% via EcoBank Rapid Transfer.

What is the cheapest way to send money from Ghana to Nigeria?

Lowest RPW survey quote: 12.02% (EcoBank Rapid Transfer). Panel is low-tercile with only 3 providers tracked.

Is the Ghana to Nigeria corridor meeting the UN SDG cost target?

Not yet: 13.3% is 10.3pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Where does Ghana → Nigeria sit among tracked remittance corridors?

According to World Bank Remittance Prices Worldwide average cost among 348 tracked corridors on PlainRemit, Ghana → Nigeria ranks #323 of 348 (cheapest = #1). Ordinal uses latest_avg_cost ASC matching /rankings/cheapest. See /methodology#corpus-placement.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.