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Nigeria's bitcoin premiums are skewed by U.S. dollar exchange rates in the country. (Minchen Liang/Getty)
Nigeria’s Bitcoin Premiums May Better Reflect Country’s Demand for the Dollar, Not Crypto
Nigerians are paying a premium, but probably more for the stability of the U.S. dollar than for bitcoin, an analyst told CoinDesk.
Nigeria's bitcoin premiums are skewed by U.S. dollar exchange rates in the country. (Minchen Liang/Getty)

Future of Nigeria's Booming Crypto Scene
Future of Nigeria’s Booming Crypto Scene
Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand S...
Future of Nigeria's Booming Crypto Scene

Nigerians Flock to Crypto as the Naira Weakens
Nigerians Flock to Crypto as the Naira Weakens
Some Nigerians are turning to bitcoin (BTC) to hedge against the naira’s drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchai...
Nigerians Flock to Crypto as the Naira Weakens