- Nigerian currency has depreciated in the official and unofficial foreign exchange markets over the past few days
- Reports claim this is due to the re-emergence of currency speculators using two cryptocurrency platforms
- The Nigerian government recently clamped down on Binance operations in Nigeria and dragged its executives to court
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The US dollar has improved against the Nigerian currency in the official and unofficial markets in recent days, raising concerns.
