Nigeria: Citizens Turn to Crypto Assets As Currency Weakens ...Middle East

allafrica - Economy
Nigeria: Citizens Turn to Crypto Assets As Currency Weakens
source : allafrica ( Middle East ) () 41
[VOA] Abuja, Nigeria -- Cryptocurrency experts say Nigerians are hedging against the drop in value of their currency, the naira, by trading more dollar-denominated digital assets. The naira has been falling to new lows on the black market in Nigeria, Africa's largest and most populated economy. But experts say investing in cryptocurrency is also driving the Nigerian currency's devaluation.

Read More Details
Finally We wish PressBee provided you with enough information of ( Nigeria: Citizens Turn to Crypto Assets As Currency Weakens )

Apple Storegoogle play

Also on site :

Most viewed in Economy
Freedom Holding Corp. Reports Fiscal Year 2025 Financial Results
PR Newswire - before 10 hours & 10 minute
Iran’s Oil and Gas Assets Rocked in Latest Round of Israeli Attacks
OILPRICE - before 11 hour & 39 minute
Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure
OILPRICE - before 2 hours & 47 minute
Správa IDC: Huawei v prvom štvrťroku svetovou jednotkou na trhu s náramkovými hodinkami
PR Newswire - before 3 hours & 24 minute
Masters in Finance 2025 ranking: methodology and key
Financial Times - before 8 hours & 10 minute
‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control
The New York Times - before 5 hours & 51 minute
Zenobē and Brampton lead CA$4 billion initiative to electrify transit bus fleet in landmark UK-Canada collaboration
PR Newswire - before 3 hours & 40 minute
The Winners and Losers at $60 Oil
OILPRICE - before 8 hours & 16 minute
Critical Minerals Fuel Geopolitical Competition
OILPRICE - before 6 hours & 12 minute
OPEC Stuck between Market Share Push, Demand Uncertainty
OILPRICE - before 4 hours & 6 minute
As Trump Returns to G7, Rift With Allies Is Even Deeper
The New York Times - before hour & 54 minute
Why aren’t Chinese consumers spending enough
CNBC - before hour & 46 minute


Latest News

Why aren’t Chinese consumers spending enough

before hour & 46 minute

As Trump Returns to G7, Rift With Allies Is Even Deeper

before hour & 54 minute

Average UK house price drops by £1,277 in June after record highs

before 2 hours & 2 minute

India moves to tap its rare earth reserves. Experts say it could become an alternative to China

before 2 hours & 4 minute

Business Education: Financial Training

before 2 hours & 7 minute

Why U.S. Uranium Production Surged 12-Fold In 2024

before 2 hours & 13 minute

Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

before 2 hours & 47 minute

Správa IDC: Huawei v prvom štvrťroku svetovou jednotkou na trhu s náramkovými hodinkami

before 3 hours & 24 minute

Zenobē and Brampton lead CA$4 billion initiative to electrify transit bus fleet in landmark UK-Canada collaboration

before 3 hours & 40 minute

OPEC Stuck between Market Share Push, Demand Uncertainty

before 4 hours & 6 minute

‘Golden Share’ in U.S. Steel Gives Trump Extraordinary Control

before 5 hours & 51 minute

Critical Minerals Fuel Geopolitical Competition

before 6 hours & 12 minute

Masters in Finance 2025 ranking: methodology and key

before 8 hours & 10 minute

The Winners and Losers at $60 Oil

before 8 hours & 16 minute

Can Africa Power Europe’s Green Hydrogen Ambitions?

before 10 hours & 5 minute