2 posts tagged with "premium"

Bitcoin in Nigeria consistently trades at a premium to global markets. Using 12 months of verified exchange data from 7 sources, we quantify this premium and explain why it exists.

If you buy 1 USDT on a Nigerian exchange, you pay about 1,396 NGN. The official USD/NGN rate says it should cost 1,378 NGN. That 1.3% gap — the stablecoin premium — is a real-time measure of FX market friction.

In Ghana, the gap is even wider.