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SEC Reports $50 Billion in Crypto Transactions Across Nigeria
The Nigerian Securities and Exchange Commission (SEC) announced that over $50 billion worth of cryptocurrency transactions occurred between July 2023 and June 2024. This surge exposes a stark contrast: while crypto activity thrives, less than 4% of Nigeria’s adult population participates in traditional capital markets. SEC Director-General Dr. Emomotimi Agama warns that this reflects a deep mistrust in formal investment channels and calls for regulatory reform to better chann
All Play Ace
Nov 181 min read
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