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Tag: Central Bank of Nigeria

How Crypto Trading Is Crushing the Nigerian Naira

  • December 4 2025
  • Carlo Burasca
  • Crypto and Global Finance
  • 2 comment
How Crypto Trading Is Crushing the Nigerian Naira

Nigeria's crypto trading boom is accelerating naira depreciation as millions bypass failing banks and strict currency controls to preserve wealth. With over 22 million users and $55 billion in annual volume, crypto is no longer optional - it's essential.

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