How Nigeria Became Africa's Largest Economy and Its Blockchain Ambitions

2026-04-01T09:06:04.417Z·1 min read

Nigeria's GDP ($477B) makes it Africa's largest economy. Massive young population (220M, median age 18), growing tech sector, and vibrant startup ecosystem. Nigeria leads African crypto adoption (33% of population owns crypto). The eNaira (CBDC) launched but adoption has been slow. Lagos is emerging as Africa's tech capital with $2B+ in VC funding. Challenges: infrastructure, corruption, inflation, and security.

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