More Nigerians Stake Money On Risky Cryptocurrency

More Nigerians Stake Money On Risky Cryptocurrency

BY CEES HARMON, OLUSHOLA BELLO, BUKOLA IDOWU |

As COVID-19 pandemic continues to take its toll on the economies of the world, more Nigerians have swooped on cryptocurrency market with full expectations in 2021 of higher yields on their investments, despite concerns about its excessive volatility.

LEADERSHIP Sunday gathered that Nigerians, especially young people, found investment in cryptocurrency an escape from poverty and care less about potential risks of getting their fingers burnt in case of bubble.

About three months after the Central Bank of…

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