I have to say the Nigerian central bank took a wrong decision at this time. As far as I knew Nigeria was a potential country for bitcoin adaption since many citizens were already involved with Bitcoin. Now they banning bank accounts related to Bitcoin transactions which will lead to illegal use of Bitcoin. I don't think those peoples already involved with Bitcoin they can leave it. Same here in my country, central bank ban Bitcoin but citizens are using it illegally, as a result, the government losing accumulate taxes from them. The same thing will be happening in Nigeria, bitcoin users will find some way to trade their assets.
Very useless government with a shallow and 1980s mind set. Since there is huge demand of crypto by the citizens, instead of the government to use the opportunity to create platforms or more secure platforms and AML for institutional investors and earn tax in return, they are damaging the future of the nation.
I don't blame, I blame the power of the people because they chose them. But the fact is I have been here 3 years counting and crypto is here to stay. We aren't going anywhere soon.