Cryptocurrency Insights Report in Nigeria

About this report

About The Cryptocurrency Insights Report in Nigeria Report

Cryptocurrency adoption in Nigeria reflects global trends while showcasing unique local preferences and challenges. The TGM Nigeria Cryptocurrency Insights 2024 report explores how people in Nigeria engage with digital assets, highlighting the most popular cryptocurrencies, platforms, and user behaviors.

Based on a survey of 493 respondents conducted between June 1st and July 31st, 2024, the report provides a localized and data-driven perspective on Nigeria’s cryptocurrency landscape. It examines payment trends, investment habits, and barriers to adoption, offering valuable insights for businesses, policymakers, and investors looking to understand Nigeria’s role in the evolving digital economy.

What's inside

Table Of Contents

Executive Summary: Key Findings on Cryptocurrency and Digital Payments in Nigeria

Cash Usage Frequency

Future of Cash Transactions

Comfort with Cashless Payments

Credit Card Usage and Storage

Virtual and Smartwatch Payments

"Buy Now, Pay Later" Adoption

Social and App-Based Transfers

International Money Transfers

Mobile Wallet Challenges

Crypto Awareness and Ownership in Nigeria

Usage for Payments and Remittances

Storage Methods

Transaction Platforms

Barriers to Cryptocurrency Adoption in Nigeria

Appendix: Methodology

TGM Statbox|Vector

Cryptocurrency Insights Report in Nigeria

$390
  • Languages English
  • Released Date January, 2025
  • Pages 72 with detailed references
  • Documents PDF report
  • Access after purchasing Email
LOG IN TO BUY — $390

Charts library

Further Recommended Cryptocurrency Statistics

TGM Statbox | vector
The briefing
New data, in your inbox

Consumer insights, data stories and product updates as we publish them. No other mail, and one click to leave.

Roughly two emails a month.

Research services
Have a question our newsroom hasn't answered? Ask it directly.

Our team can run the study behind the story — in 60+ countries, on your question, with the data belonging to you.