In 2024, the Nigeria sector amounted to USD 1.32 billion.
The Nigeria Fintech-enabled DeFi Market is anticipated to attain USD 9.25 billion by 2033, with a projected CAGR of 22.6% for the forecast timeframe.
Adoption reflects demand for alternative financial tools, with DeFi explored alongside strong retail crypto usage.
Nigerian authorities maintained restrictions on direct crypto banking exposure during 2024, shaping how DeFi activity routes through fintech channels.
DataCube Research Report (Jan 2026): This analysis uses 2024 as the actual year, 2025 as the estimated year, and calculates CAGR for the 2025-2033 period.
*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation.
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