Nearly 3 out of 5 Nigerians Ready for a Global Digital...

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Hence, the majority are anticipating a decrease in their local currency which is leading many to explore alternatives.

Speaking on the rising interest for cryptocurrencies in Nigeria, Owen Odia, Luno’s Country Manager for Nigeria, says:

“This year, we’re seeing a level of uncertainty that hasn’t been seen since the 2007-8 global recession and with this, there’s been a wave of Nigerians making their first steps to learn about cryptocurrencies. The growing interest in cryptocurrencies represents a new openness to look beyond the traditional ways of managing and getting the most out of your money, and exploring other useful opportunities.”

~ Luno Country Manager, Nigeria

RECOMMENDED READING[WATCH] Luno Launches a Savings Wallet to Enable African Customers Earn Interest on Bitcoin

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Regulation and Society adoption

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