May 8, 2025

Nigerians Turn to Bitcoin as Naira Collapses

1 min read

Over the past four years, over 2.6 billion people have experienced a 45% loss of purchasing power. In Nigeria, currency depreciation has eroded the value of the Naira, impacting millions of Nigerians. Many Nigerians are now turning to Bitcoin as a financial investment to preserve their wealth and savings from inflation and the Naira’s decline. The post Nigerians Turn to Bitcoin as Naira Collapses appeared first on Coin Edition .

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Source: Coin Edition

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