How Bitcoin Price in Nigeria Is Changing — October 2025 Update

If you’ve been keeping an eye on crypto lately, you’ve probably noticed that the Bitcoin price NGN has been swinging up and down like never before. With the naira fluctuating and global crypto markets heating up again, Nigerians are watching BTC closely — and for good reason. Let’s break down what’s happening with Bitcoin price in Nigeria this October 2025 and what it means for you as a trader or investor.

Current Bitcoin Price in Nigeria — October 2025 Snapshot

As of October 2025, the Bitcoin price in NGN sits around ₦58 million to ₦61 million per BTC, depending on the exchange and payment method. Globally, Bitcoin is trading between $93,000 and $96,000, meaning the local price gap is driven mostly by the falling naira and strong local demand for crypto.

Compared to early 2025, BTC’s value in naira has jumped significantly — not just because Bitcoin’s price rose globally, but because the naira has lost value against the dollar.


Why Bitcoin Price in Nigeria Is Rising

Several key factors are shaping this rise:

1. Naira Exchange Rate Instability

Let’s face it — the naira has been struggling. The parallel market rate keeps widening against the official CBN rate. Since BTC is pegged globally to the dollar, a weaker naira automatically pushes the bitcoin price NGN higher.

2. Crypto Regulations and Government Policies

While the Nigerian government has softened its stance on crypto, new tax discussions and exchange policies have kept traders alert. Despite that, Nigerians continue to trade Bitcoin actively on P2P platforms like CoinCola and Binance.

3. Global Bitcoin Demand

With ETFs gaining momentum and Bitcoin’s next halving expected in 2026, investors are already anticipating the next big bull run. Nigeria, being one of the top P2P markets in the world, naturally feels the impact.

Historical Look: Bitcoin Price NGN (2023–2025)

Back in 2023, one Bitcoin was around ₦17 million. By mid-2024, it touched ₦40 million. Fast forward to 2025 — we’re seeing over ₦60 million per BTC. That’s more than 3x growth in just two years!

The combination of a weakening naira, growing youth adoption, and global crypto optimism continues to drive this upward momentum.

Where Nigerians Are Buying and Selling Bitcoin

Most Nigerians prefer P2P (peer-to-peer) trading because it’s fast, secure, and avoids hefty bank transfer fees.

Top Platforms:

● CoinCola – Trusted marketplace with low fees and quick settlements.

● Binance P2P

● Paxful (for cross-border users)

With CoinCola, you can buy or sell Bitcoin directly in naira, connect with verified vendors, and enjoy safe transactions.

Bitcoin Price Predictions for Late 2025

Analysts believe Bitcoin could break $100,000 before the end of 2025 if global inflation continues and institutional demand grows. If that happens, the bitcoin price NGN could easily exceed ₦70 million — especially if the naira keeps sliding.

However, volatility is part of the game. Traders should stay alert, avoid panic selling, and always use reliable platforms

Pro Tips for Nigerian Bitcoin Traders

● Use Dollar-Cost Averaging (DCA): Buy small amounts regularly to manage risk.

● Watch NGN/USD trends: A weaker naira pushes BTC/NGN up.

● Trade only on trusted platforms: Avoid scams and fake vendors.

💡 Pro Tip: Use CoinCola for your P2P trades — it’s fast, secure, and beginner-friendly.

Conclusion

The Bitcoin price in Nigeria keeps changing, but one thing remains constant — Nigerians’ growing trust in crypto as a better store of value. As inflation bites harder and the naira continues to fall, Bitcoin is becoming more than just an investment — it’s financial freedom.

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FAQs

1. What is the current Bitcoin price in NGN today?

Around ₦58M–₦61M depending on the exchange rate and platform.

2. Why does Bitcoin price differ across Nigerian exchanges?

It varies due to market demand, liquidity, and naira-dollar conversion rates.

3. Is it legal to buy Bitcoin in Nigeria?

Yes, you can legally trade Bitcoin through P2P platforms like CoinCola.

4. How can I get the best Bitcoin rate in NGN?

Compare vendors on P2P platforms and trade during low network fees.

5. Where can I safely sell Bitcoin for naira?

Use CoinCola — a secure, fast, and reliable P2P platform for Nigerian traders.




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