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Nigerias Central Bank halts outbound international money transfers and limits payout of inflows to Naira. This basically means you can’t send money out through IMTOS except through the CBN and you won’t be able to get money into the country without sourcing for Naira worth the USD inflow.

Inflows basically…will create more demand for Naira…and more BTC/NGN or ( BTC/USDT >> USDT/NGN ) trades. • Technically, it will pull more clients & users towards adopting and using any seamless remittance solutions outside the traditional banking system. That’s where Bitcoin comes in. It’s the most efficient remittance solution independent of all controls outside its own governing rules. ( PoW )