Why Nigerians are paying a 50% premium for bitcoin

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Bitcoin in Nigeria traded last week at a 50% premium to the price available in most other countries, after the Central Bank of Nigeria instructed banks to shut down accounts associated with crypto trading. Marius Reitz, Africa's GM for crypto exchange Luno, explains what impact this has had on Africa's fastest-growing crypto market and how Nigerians are finding ways around this.

28 Mar 2021 English South Africa Tech News · Investing

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