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How Banks in Nigeria React When You Withdraw Crypto to Fiat in 2025

4 December

Crypto & Blockchain

How Banks in Nigeria React When You Withdraw Crypto to Fiat in 2025

In 2025, Nigerian banks allow crypto-to-fiat withdrawals only through SEC-licensed exchanges, with strict limits, hidden thresholds, and high risk of account freezes. Compliance is mandatory - and even then, banks remain cautious.

By Susan Gregory

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