Nigeria

Crypto’s rising popularity in Nigeria

• Cointelegraph: Nigerian hotel becomes country’s first to accept Bitcoin payments – April 2021
  A luxury hotel in Lagos, Nigeria will reportedly accept Bitcoin (BTC) as a form of payment and adopt the digital asset as its primary reserve currency as concerns about inflation continue to grip Africa’s largest economy.
  
  
• BBC: Why Nigeria is a global leader in Bitcoin trade – February 2021
  More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports.
  
  
• NairaMetric: Nigerians bypassing bank transfers with crypto… – October 2020
  Experts give vital insights to why Nigerians are fast adopting crypto, and the advantages crypto assets bring
  
  
• Sashares: The SEC revealed plans to regulate the buying and… – September 2020
  Should the SEC implement crypto regulation, Nigeria will experience a spike in crypto investors, as has been the case in other countries where crypto regulation exists.
  
  
• Cointelegraph: Nigeria daily trading volumes surpassed $1 million… – May 2020
  Binance founder sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption.
  
  
• NairaMetric: Nigeria attracts more Bitcoin interest than any country… – August 2020
  In terms of Bitcoin interest, Nigeria has been adjudged the highest performing nation in the world.
  
  
• BusinessDay: Nigerian emerge one of the world’s top crypto traders… – January 2020
  Chibueze, popularly known as Bitcoin chief, was ranked among the top cryptocurrency traders in 2019 according to Binance traders rankings.