As part of efforts to drive economic growth, global peer-to-peer (P2P) finance platform, Paxful, has restate commitment to promoting financial literacy among Nigerian youths.
Founder and Chief Executive Officer, Paxful, Ray Youssef, gave the assurance at this year’s Digital Nigeria International Conference and Exhibition held in Abuja.
Youssef, in his presentation, titled, ‘Blockchs, who are bedrock of every society, are empowered with financial education to thrive and become the nation’s next great leaders.
He said: “Financial education brings empowerment and entrepreneurship. Nigerian youth are leading a financial revolution and bitcoin has already scaled tenfold compared to other regions. We must foster that momentum; it will open Nigeria up to the global market, grow local businesses, expand opportunities for international freelancers and lessen Nigeria’s reliance on international governments who threaten to devalue local commerce. Through Bitcoin, Nigerians will lead the whole of Africa into a financial golden age.”
Youssef, who spoke to large number of Nigerian youths, discussed the future of finance and how bitcoin could improve their daily lives.
He said: “Bitcoin is more than just an investment asset. It’s proof of the power of Nigerians. With high education but unemployment standing over 30 per cent, you have shown the world how it can forge a new path while strengthening a local economy. That’s empowering.”
During his trip, Youssef and his team will be pushing to progress bitcoin and financial education even further during this trip, meeting with various high-level politicians to continue a dialogue around the future of bitcoin in the country.
Platform commits to financial literacy among youths

Founder and Chief Executive Officer, Paxful, Ray Youssef