Remittance corridor · World Bank RPW · 2021Q1
Nigeria → Togo
Average cost sits in the upper fleet tercile at 21.4% on this Nigeria → Togo route - senders pay more than typical RPW-tracked corridors.
- 21.4%
- Average cost
- 21.4%
- Cheapest · MoneyGram
- 1
- Providers tracked
How the 21.4% 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 2021Q1 figures as the detail table below.
The verdict
The World Bank last surveyed Nigeria → Togo in 2021Q1, and has not priced it since. Every figure on this page is that observation, so we do not rank this corridor against the 2025Q3 release: a 21.4% reading from then is not a like-for-like comparison with corridors priced years later.
- 2021Q1
- last surveyed quarter
- 21.4%
- average cost of a $200 transfer, as of 2021Q1
- Not ranked
- outside the 2025Q3 corpus ranking
- MoneyGram
- cheapest provider recorded in 2021Q1
Held for the historical record. Live rankings use only the 2025Q3 release.
What changed
World Bank RPW release record: 2020Q4 to 2021Q1
- Average transfer cost changed from 17.55% to 21.36% (+3.81 percentage points).
- Lowest observed transfer cost changed from 16.57% to 21.36% (+4.79 percentage points).
- Providers recorded by the source changed from 2 to 1 (-1 provider).
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Where this corridor sits by provider panel size
Nigeria → Togo has 1 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.
Nigeria → Togo vs all corridors by provider count
Where this corridor's RPW provider panel sits among every tracked route
1 377th of 377 the lowest 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 Nigeria → Togo compares
Average cost of a $200 transfer, percent, lower is cheaper
21.36% average - 18.4pp above target
Cost trend: Nigeria → Togo
Average and cheapest cost of a $200 transfer over time, percent
Sending Country
Nearby Corridors from Nigeria
Nigeria's outbound coverage in our data is limited to a handful of corridors; here is how the others compare.
World Bank RPW fee spread
Release 2021Q1 NG→TG
21.4% avg · 21.4% floor · 0.00pp spread on $200
- AVG 21.4%
- CHEAP 21.4%
- SPREAD 0.00pp
- SDG +18.4pp
- REL 2021Q1
- PANEL 1
Fee spread manifest for Nigeria → Togo: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →
High transfer cost on Nigeria → Togo
World Bank RPW prices Nigeria → Togo at 21.36% (2021Q1) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 15.0 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 1 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 3.81 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way. Across 20 quarters on record, average cost ranged 9.6%–28.4%, with 0 quarters at or under the UN 3% target. It sits 18.4 pp above the UN SDG 10.c 3% target.
About Nigeria → Togo 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 21.36%; cheapest observed 21.36% via MoneyGram; 1 provider tracked across 20 RPW quarters; vintage 2026-08-10.
Frequently Asked Questions
How much does it cost to send money from Nigeria to Togo?
Average 21.36% of the transfer amount (World Bank RPW, 2021Q1) - upper fleet tercile (above ~6.6%). Cheapest observed: 21.36% via MoneyGram.
What is the cheapest way to send money from Nigeria to Togo?
Lowest RPW survey quote: 21.36% (MoneyGram). Panel is low-tercile with only 1 provider tracked.
Is the Nigeria to Togo corridor meeting the UN SDG cost target?
Not yet: 21.4% is 18.4pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.
Read our methodology - how this data is sourced, computed, and verified.