Nigeria records over $50 billion in crypto transactions

[eLdavis]

On recent news, Nigeria recorded cryptocurrency transactions worth over $50 billion between July 2023 and June 2024, according to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. This goes to show that Nigerians prefer investing in cryptocurrency than our naira or or other investments schemes.

 

[Starmix]

That's why cryptocurrency is mostly the preferred mode of payment by Nigerians because crypto is already flourishing in your country. That's s good move. The time comes your currency will not be Naira, but cryptocurrency.

 

[Stardom22]

No wonder the nation of Nigeria has a high crypto adaptation across the whole African continent.

 

[Augusta]

This goes to show that Nigerians prefer investing in cryptocurrency than our naira.. I totally agree with this in reality this is the truth

 

[Min George]

I don't think even the United States is involved in crypto transactions as much as Nigeria. That's the way out for Nigerian youths.