KEY POINTS
Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such as increased market access and challenges like digital illiteracy and taxation fears.
The eNaira is fostering financial inclusion among some informal workers, but rural and low-income communities remain at risk...
Regulatory authorities from the SEC issued warnings to Nigerians about the risky investment schemes operated by unlicensed cryptocurrency platforms Risevest and Stecs.
Nigerian entrepreneurs can enhance productivity with tools like Slack, QuickBooks, and Google Drive, simplifying communication, finances, and operations.