▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Despite the myriads of challenges confronting the Nigerian economy, the country has emerged the fastest-growing hub on the continent in terms of capital investments.
According to a recent report by global auditing firm Ernst and Young titled ‘Africa Attractiveness Report 2021’ Nigeria emerged the fastest-growing hub on the continent in 2020 in terms of capital investments, attracting $6.6 billion, followed by South Africa attracting $3.8 billion, Angola attracting $3.1 billion and Morocco with $2.4 billion in investments.
However, with the global cryptocurrency market, having a capitalization in excess of $500 billion, analysts are of the view that an effective industry collaboration and government support, the adoption of blockchain technology can become a major source of foreign direct investment for Nigeria in order to drive economic development in the nation at a time when other nations are already taking advantage of it to ease the way for young people’s digital enterprises to grow.
#TVCNews #NewsUpdate #ediperformance #cryptocurrency #latestnews #onlinenews #todaynews #9janews
Join this channel to get access to Exclusive Trending News Content:
Don’t forget to subscribe:
Watch more interesting videos:
Follow TVC News On:
Twitter:
Instagram:
Facebook:
Get more news on our website:
Download the mobile app
Android:
iPhone: Go to apple store
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
