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Archive: 2026/03

Nigerian Naira Pressure from Crypto Trading Activity
By Kieran Ashdown 1 Mar 2026

Nigerian Naira Pressure from Crypto Trading Activity

Nigerian crypto adoption has surged as citizens flee a collapsing naira, with over 22 million holding digital assets by 2025. Crypto trading bypasses central bank controls, fuels capital flight, and undermines the naira’s role as money - not because of speculation, but survival.

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