Nigeria economy has not been doing well in the past years, keeping their web3.0 community on the rise because of means of survival. Nigeria has the second highest community in the world because of the rate of poverty and bad government. Nigeria currency (naira) is on the raise against the dollar going around 1780/dollar in the past month, making most Nigerians to find a means of income from the web.30
Base on the situation in Nigeria and the United State currency, Nigeria naira has experience a significant amount of growth within a week, cracking down dollar by 6%. Nigeria community are wondering what will be the next move the market
well , if left for me , i will say that the market is being manipulated but that is an assumption anyway. The appreciation of the naira within the period of time was so massive that i almost sold all the usdt asset i had. I still have in mind to make a research on what caused and will like to share my knowlegde in this plartform.
The course is that the federal government wants to control a regulates the FX market