Despite the increasing calls for Nigeria to strengthen its cryptocurrency ban, a spokesperson for the Coinbase trading platform stated that the platform is still accessible in Nigeria, contrary to previous reports from several local media outlets and the Financial Times that several platforms, including Binance, Coinbase, and Kraken, have been blocked by local telecommunications companies at the government's request. The Coinbase spokesperson stated via email, "We are continuing to investigate these reports, but based on preliminary research, Coinbase is still accessible in Nigeria." Behind this event is the continuous decline of the Nigerian official currency, the naira, against the US dollar, as well as the severe cash shortage the country faced prior to last year's national elections. Bayo Onanuga, a senior adviser to the Nigerian president, stated in a post on the X platform on Wednesday that cryptocurrency trading platforms such as Binance "openly set Nigeria's exchange rate," stealing the role of the country's central bank, and called for other companies such as Kucoin and Bybit to also be "banned from operating in our cyberspace." It is worth noting that this is not Nigeria's first measure against cryptocurrency. The Nigerian central bank previously restricted service providers' access to local banking services, but this ban has recently been lifted. Nigeria remains a strong adopter of cryptocurrency, particularly in the area of remittances.