NigeriaNGNNigerian Naira
Zenith Bank (ZENBNGLAX) and GTBank (GTBINGLA) are Nigeria's most technologically advanced banks with SWIFT infrastructure for international transfers. Russians transfer NGN to Nigeria to oil and gas partners and the diaspora - Nigeria has not imposed sanctions against Russia, and IBAN does not apply. In 2023, Nigeria's Central Bank (CBN) unified the naira exchange rate: 1 USD ~ 1,550–1,600 NGN (Nigeria is Africa's largest economy).
The route, the receiving bank and the payout amount are agreed before payment.
Nigeria is Africa's most populous country and one of the continent's largest economies, as well as a significant trade and energy partner of Russia. IBAN format does not apply in Nigeria: for an international transfer, you typically need the bank's SWIFT/BIC code, account number, and recipient's full name. Following the 2023 currency market reforms, the NGN exchange rate became more market-driven and remains volatile, so it is best to lock in the final rate immediately before the transfer. Among the country's largest banks are Zenith Bank (ZEIBNGLA) and Guaranty Trust Bank / GTBank (GTBINGLA), both with advanced digital infrastructure and SWIFT capabilities for international settlements. GTBank is one of Nigeria's largest private banks with sophisticated internet banking and infrastructure for international transfers.
Nigeria has not imposed its own sanctions against Russia and pursues an independent foreign policy; however, any specific transfer depends on the receiving bank, available correspondent relationships, and standard AML/KYC checks. ATM24 verifies the available routing before payment. ATM24 commission starts from 0.9%. International transfer settlement typically takes several business days.
NGN. Zenith Bank, GTBank, and Access Bank issue Visa and Mastercard. Nigeria is a leader in Africa by number of cards in circulation. Details: recipient's Visa or Mastercard number. Commission from 0.9%. Confirm routing and timeframes with your ATM24 manager
NGN. IBAN does not apply in Nigeria - you need the bank's SWIFT code and account number. Zenith Bank and GTBank are the most technologically advanced with international SWIFT routing. SWIFT: ZENBNGLAX (Zenith Bank), GTBINGLA (GTBank), FBNINGLA (First Bank). Account number and recipient's name. Commission from 0.9%, confirm routing with your ATM24 manager
NGN or USD. In Lagos, Abuja, and Port Harcourt, USD is accepted at business centers and exchange bureaus (bureau de change). Following CBN's rate unification in 2023, the official exchange market has become more active. Cash collection in NGN or USD at agreed pickup points. Commission from 0.9%. Pickup locations - confirm with your ATM24 manager
To transfer to Nigeria: bank SWIFT code + account number + name (IBAN does not apply). 1 USD ~ 1,550–1,600 NGN (CBN, subject to change). Priority: Zenith Bank (ZENBNGLAX) or GTBank (GTBINGLA). Confirm the routing with your ATM24 manager.
We accept RUB, USD, EUR and USDT — we pay out in NGN
RUB NGN
14.28per 1 RUB
10 000 ₽ = 142 766 NGNUSD NGN
1,261.44per 1 USD
100 $ = 126 144 NGNEUR NGN
1,400.88per 1 EUR
100 € = 140 088 NGNUSDT NGN
1,261.44per 1 USDT
100 USDT = 126 144 NGN| You send | Payout in NGN |
|---|---|
| 100 USDT | 126 144 NGN |
| 300 USDT | 378 432 NGN |
| 500 USDT | 630 719 NGN |
| 1 000 USDT | 1 261 439 NGN |
| 5 000 USDT | 6 307 193 NGN |
Where recipients usually get the money in Nigeria
Nigeria's largest bank by assets. SWIFT ZEIBNGLA. Accepts incoming transfers in NGN and USD. Extensive network in major cities.
GT Bank — a commercial bank providing accounts, cards, and transfers. It is suitable for recipients who use bank account details.
Access Bank Nigeria — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
Nigeria's oldest and one of its largest banks. SWIFT FBNINGLA. Extensive network throughout Nigeria.
Pan-African bank with presence in 20+ countries. SWIFT UNAFNGLA. Accepts transfers through its international network.
National Currency
The national currency is the Nigerian naira (NGN); 1 NGN = 100 kobo, currency symbol - ₦.
Card Systems
Verve is Nigeria's national card system operated by Interswitch Group and widely accepted domestically. Visa and Mastercard are used for international transactions. OPay and Palmpay are actively developing the mobile money segment. NIBSS Instant Payment (NIP) enables instant interbank transfers.
Payment Applications
Nigeria is one of Africa's largest economies and a major oil and gas producer; the country is a member of OPEC with oil production of approximately 1.2–1.5 million barrels per day depending on the period.
Interbank Transfers
The Central Bank of Nigeria (CBN) is the country's central bank and primary financial regulator. IBAN format does not apply in Nigeria: for international transfers, SWIFT/BIC code, account number, and recipient's full name are used.
Financial Regulator
In 2023, CBN reformed the currency market and unified exchange rates, after which the naira weakened significantly against the US dollar; therefore, 2024 benchmarks at the level of 1 USD ≈ 1,550–1,600 NGN should not be used as current rates.
Specifics for ATM24
Nigeria has not imposed sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
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Country not found
Nigeria - NGN (Nigerian naira), no IBAN. Below are answers to frequently asked questions about money and transfers.
To send money to Nigeria with payout in NGN through ATM24, start with the recipient's bank, account or card details, and payout route. The manager checks Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, or another available route before fixing the NGN amount and fee. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
For Nigeria, an NGN payout can be checked through a bank account, supported card route, or another available local route. ATM24 verifies Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, and the recipient details before payment. The manager confirms whether the bank can receive the incoming NGN transfer on the chosen route. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
For Nigeria, NGN payouts can be checked through Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, and UBA. ATM24 reviews account payout, card payout, and bank limits before payment. The selected Nigerian bank route is confirmed in the order.
For an NGN transfer to Nigeria, ATM24 checks recipient name, Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, account or card details, and payout currency. Bank payout and card payout are reviewed separately. The NGN route is confirmed before payment. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
An NGN transfer to Nigeria can start from 15 minutes after ATM24 checks Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, card payout, or account payout. Timing depends on bank response, recipient data, and amount. The manager confirms the payout window before payment. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
For Nigeria, the ATM24 fee for NGN payout starts from 0.9% and is calculated by bank, card, or another available route. Access Bank, Zenith Bank, First Bank of Nigeria, and GTBank can have different recipient-data requirements and limits. ATM24 confirms the NGN amount before payment, while sender-side card or bank costs remain separate. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
Yes, ATM24 can calculate an NGN payout to Nigeria while the sender pays by an available card, bank transfer, USDT, or another confirmed method. Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, card payout, and account payout are checked as separate routes. The final NGN amount is shown apart from sender-side card or bank charges. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
NGN transfers to Nigeria through ATM24 start from 100 USD or the equivalent. The upper limit depends on Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, card payout, account payout, and route checks. For a larger NGN transfer, the manager confirms the limit, documents, and recipient details before payment. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
For a large NGN transfer to Nigeria, ATM24 checks Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, card payout, or account payout. The manager may request sender ID, source-of-funds information, recipient account data, and payment-purpose details. The NGN route limit is confirmed before payment. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
For a 1000 USD transfer to Nigeria, the NGN amount depends on Access Bank, Zenith Bank, First Bank of Nigeria, GTBank, card payout, or account payout: 1,261,438.5 NGN. ATM24 checks fee from 0.9%, exchange conditions, and local route limit. The final NGN amount is confirmed before payment. Bank-route examples for Nigeria: Access Bank, Zenith Bank, and Guaranty Trust Bank.
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