If you live in Nigeria, you would know by now that the Naira is losing value against the dollar.

The confused Central Bank of Nigeria (CBN) is looking for a scapegoat. Not mismanagement of the economy by the past administration or the policies of the present administration as the cause of the current situation which are the causes.

In a press conference, the CBN governor said that $26 billion dollars of untraceable funds passed through Binance Nigeria.

Whether you believe that or not, it was a call to arms for the government in need of a scapegoat.

Telecoms companies in Nigeria were ordered to block crypto platforms from being accessed.

Next thing we knew “Online Influencers” started talking about how Binance was fixing the price of the Naira. It would then go to mainstream media.

In a disgusting turn of events, the company executives who came into the country to discuss with the government where detained.

From March 8 Binance will be halting all Naira transactions on it’s platform.

This will start the crypto winter in Nigeria.

This is another way to block the means of legitimately making money online in Nigeria.