France 24
Europe · 37 mins ago
✦ 78◉ Centre
Inside Nigeria's crypto craze
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Credibility 78/100
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Cryptocurrency has become increasingly prevalent in Nigeria, with nearly one in 10 Nigerians using it either to circumvent currency devaluation of the naira or to pursue speculative trading gains.
Inside Nigeria's crypto craze
Over the past few years, cryptocurrency has become part of everyday life for nearly one in 10 Nigerians. Some use it to get around the naira, the Nigerian currency, which has lost much of its value in recent years. Others, particularly young people, buy and sell crypto assets on trading platforms in the hope of quick returns. Yassin Ciyow reports.
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