The Central Bank of Nigeria also instructed banks to block accounts suspected of engaging in cryptocurrency trading. Creation of Job OpportunitiesThe cryptocurrency industry has opened up a new wold of job opportunities for Nigerians. This has been a welcoming development and is one of the leading reasons for crypto adoption since Nigeria has a high unemployment rate. Nigerians have leveraged job opportunities in the form of cryptocurrency writing, game development, and NFT marketing. Cryptocurrency impacts Nigerian lives in different ways, including creating job opportunities, crypto trading, and granting financial freedom.

Source: The Guardian August 25, 2022 22:42 UTC