More Nigerians are flocking to crypto assets to mitigate inflation and the naira depreciation.
Reports have shown that crypto adoption has continued to gain traction in Nigeria as Africa's most populous…
While manufacturers face more enormous debts, another player in the Nigerian banking sector has revealed impressive gains amidst the naira devaluation.
Zenith Bank Plc has announced its profit has more than…
The liquidity crunch recently worsened in Nigeria as banking services struggle to match the fast swell of users who rely on their platform, causing crypto merchants to suffer.
The Central Bank…
More Nigerian Bitcoin traders have resorted to channelling their transactions through cryptocurrencies amidst tight cash liquidity conditions in the country.
Bitcoin price has surged above the average market level by a…
With the Naira on a free fall and the rising inflation figures, Nigerians are burning out on multiple ends, squeezing them into a corner with almost no way out.
With Nigerians…
The External reserve of West Africa's giant has depleted considerably since the beginning of the year, thereby spiralling into currency depreciation.
After a considerable comeback from the pandemic backlash, the Nigerian…
Nigeria's adoption of Bitcoin continues apace despite the CBN’s ban on cryptocurrency, with P2P trading volume increasing by 15% year over year.
Data from LocalBitcoins and Paxful reveal that peer-to-peer(P2P) trading…