To all Nigerians out there, I understand how much you don't want this. But it's quite unfortunate that it's an official ban. Though CBN stated that the ban had existed since 2017. I hope you all comply with the government to avoid any sort of assault. And if there's a need to deal with crypto, you must make this hidden and discrete. Best of Luck!
Let me disclose to you sometime the media won't tell you. None of what the government are saying are true. There's a reason behind the ban of cryptocurrency and anyone active in the spaces can testify to this, the ban resolved around enslaving the masses by keeping them in the dark. It's no secret that the crypto industry has made many nigerian youths self independent and don't rely on the government for their failed promises.
The government off recent have been having a hard tell with it's citizens (especially youths) via the ENDSARs protest. There has been reports that the protests has been receiving sponsorship through bitcoin donation since the early attempt to raise funds via banks was shutdown by the government and all those found to be have participated (especially high figure individuals) were penalized.
There's rumors of a second wave incoming that would problem end the current government and again the mobilization of this protest would had be funded by crypto, the government knows this and the only way to take the heat out is to ban the trading of crypto. Do note that our government only implement laws that favour them.
Here's something one of the politicians had to say concerning the recent development in the country;
