Cryptocurrencies and the Nigerian Financial Market

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Simply DealHQ

Simply DEALHQ

12 episodes

5 days ago

With Simply, DealHQ Partners seeks to engage the African business community on topical issues around law and business regulations in the most simplistic manner.

Education

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With Simply, DealHQ Partners seeks to engage the African business community on topical issues around law and business regulations in the most simplistic manner.

Education

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Cryptocurrencies and the Nigerian Financial Market

Simply DealHQ

45 minutes 46 seconds

4 years ago

Cryptocurrencies and the Nigerian Financial Market

In this maiden episode, Our Lead Advisor, Tosin Ajose is in conversation with Mr. Michael Ugwu, the Founder and CEO of Freeme Digital Limited and pioneer General Manager for Sony Music Entertainment West Africa, a venture capital investor and cryptocurrency enthusiast discussing issues bothering on cryptocurrency adoption, market trends, trading, counterparty risks and regulations from a Nigerian perspective and from a broader Africa wide view.

The whole world acknowledges the unprecedented growth in the global cryptocurrencies MARKET with Nigeria recording over $400 million traded in 2020 alone despite its low internet penetration. Statistics show a high level of enthusiasm around adoption of cryptocurrencies especially amongst the youth.

This episode examines the cryptocurrency market in Nigeria from an investor’s perspective, opportunities in Decentralized Financing (DeFI), lessons and opportunities for new adopters.