Four weeks ago the MonieWorld app went dark in the UK. If you sent £200 or £300 a month to family in Nigeria, you have moved to a different app since. Maybe WorldRemit, because you had heard the name. Maybe LemFi, because a friend named it. Maybe Sendwave, Eversend or Afriex, because they turned up when you searched. And now, four weeks in, you look at the naira number on the confirmation screen and you are not sure if you moved to the right place.
Here is what £200 to a Lagos bank account actually looks like this week, and how to check that your app is not quietly costing you.
The reference: what £200 was on the day MonieWorld went dark
On Thursday 27 August 2026, the day the MonieWorld closure was reported, Wise was quoting close to the real exchange rate: about 1,880 naira to the pound. Sending £200 with Wise that morning arrived as about 371,800 naira in a Nigerian bank account.
That is the number to hold in your head. Not because Wise is the answer for everyone, but because it is close to the real rate and it is the last figure we published for this route before the app you used to open stopped taking new sends.
Four weeks later the naira has moved. The real exchange rate this week is closer to 1,838 naira to the pound. On the same £200, the ceiling this week is about 367,700 naira, before any app takes a fee or a rate margin. That is a small drop from four weeks ago, and it is nothing to do with which app you are on. It is the market. Your Lagos family gets around 4,000 fewer naira this week for the same £200 whether you send it through Wise, LemFi, WorldRemit or anything else. Any bigger drop than that is the app.
What £200 to Lagos looks like today
Checked on Saturday 20 September 2026, morning UK time. £200 from a UK bank account to a Nigerian naira bank account.
| App | Arrives as | Fee | Verdict |
|---|---|---|---|
| Wise | 364,602 naira | £1.70 | Priced live. The rate is the real one. The fee is on the screen. About 3,100 naira under the real-rate ceiling. |
| Africhange | 365,000 naira | none visible | Priced live from the public calculator. About 400 naira above Wise. The rate is a small step below the real rate; the app takes no visible fee. |
| Western Union | 353,808 naira | £1.99 | Priced live from the Wise price comparison. About 11,000 naira behind Wise. The fee is small; the rate is where the loss is (around 2.8 percent below the real rate). |
Two priced-live apps come out within 400 naira of each other on £200. Wise takes its cut as a visible fee. Africhange takes it as a slightly wider rate and shows no fee on this quote. On a £200 send, the two are the same money.
Western Union is the outlier. On this size and this route, it costs you around £6 more than Wise, most of it hidden in the rate. Do not open Western Union to send £200 to a Lagos bank account this week.
The apps whose price does not show unless you are signed in
Five apps a lot of readers are on right now do not publish a price to a signed-out visitor: LemFi, WorldRemit, Sendwave, Eversend and Afriex. Their calculators live inside the app or behind a sign-in.
That does not make them worse. It means you have to check them yourself, in the app, before you send. The check takes about thirty seconds.
Open your app, type £200 in the send box, choose Nigeria and naira, and choose a Nigerian bank account as the payout. Read the naira number the app is about to send to your recipient.
- If it is 364,000 naira or more, your app is competing on this route this week. Send.
- If it is between 360,000 and 364,000, your app is a small step behind Wise and Africhange. Still fine on this size; the difference is not worth switching for.
- If it is below 360,000, your app is costing you more than it should on this send. Not a disaster on one transfer, but real money if you send monthly. Install one of Wise or LemFi, run the same £200 there, and use whichever comes out ahead.
One catch worth naming, for Sendwave. Its naira payout on this route is not always a bank deposit; it can be cash pickup at an Access, Zenith or Fidelity branch. If the person receiving the money wants it in their bank account, the check above still applies, but you may find the “bank account” option is missing on the payout screen. That is Sendwave’s route shape on Nigeria, not a bug.
The pick, if you want a plain answer
For most people sending £100 to £500 to a Nigerian bank account this week, use Wise if you already have it. On today’s numbers it takes about £1.70 in a visible fee and its rate is the real one. On £200 it arrived as 364,602 naira, close enough to the real-rate ceiling that there is no case for opening a second app to save a small step.
If you do not have Wise, install LemFi and run the £200 check above. Four weeks ago, on this same route, LemFi came out close to the real rate with no visible fee. Today its price only shows once you sign in, so it is not on the table above; the in-app number is what settles it. If it reads 364,000 naira or more, use it. If it is under 360,000, LemFi is not the send it was four weeks ago and Wise is your pick.
If you have WorldRemit, Eversend or Afriex and the in-app check gives you 364,000 or more, you moved fine. Send. If the number is under 360,000 and you are sending this size every month, install Wise or LemFi and switch.
What this means for the money you send
MonieWorld was one of the cheaper apps on this route, and its exit took a price-cutter off the board. Four weeks in, the middle of the fee band has not lurched: the two apps I could price live and the usual named alternatives sit within a few thousand naira of each other on £200, and within about one percent of the real rate. The one habit worth keeping from the MonieWorld weeks is the one that saved you money then. Open two apps side by side for a send you make often, and use whichever one arrives more this month.
Rates and fees checked on Saturday 20 September 2026. Wise’s row and Western Union’s row are from the Wise price comparison for a £200 bank transfer to Nigeria. Africhange is from its public rate calculator at client.africhange.com/api/Rate/calculateExchangerate on the same morning. The 27 August 2026 anchor is from /stories/monieworld-closing-uk/ and Wise’s price comparison the same morning. LemFi’s pattern on Nigeria is described from that same 27 August 2026 check; no signed-out live quote was available today. Exchange rates move daily; the in-app check above is the one that binds.