Foreign investment in Nigerian crypto is at an all-time high: study
Foreign direct investment in Nigeria fell 33% last year due to a severe shortage of dollars, which discouraged crypto businesses to expand into the country.
![Nigerian crypto foreign investment is at a level record: Study](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/1c538386-8fae-434e-9956-1cee9706e49e.jpg)
![Foreign investment in Nigerian crypto is at an all-time high: study](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDQvMWM1MzgzODYtOGZhZS00MzRlLTk5NTYtMWNlZTk3MDZlNDllLmpwZw==.jpg?#)
Foreign direct investment in Nigeria fell 33% last year due to a severe shortage of dollars, which discouraged crypto businesses to expand into the country.
![Nigerian crypto foreign investment is at a level record: Study](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-04/1c538386-8fae-434e-9956-1cee9706e49e.jpg)
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