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Nigeria

Regulate, don’t ban—Nigeria Senate tells central bank
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16 February, 2021

Regulate, don’t ban—Nigeria Senate tells central bank

Senators want the Central Bank of Nigeria governor to brief its Banking Committee on why it ordered banks to shut...
Nigeria central bank prohibits banks from servicing digital currency firms
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11 February, 2021

Nigeria central bank prohibits banks from servicing digital currency firms

Digital currency firms in Nigeria will now face a challenge that’s common in many other developing nations—the lack of basic...
Africa’s Bitcoin regulation is on right track, but there’s still long way to go
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1 December, 2020

Africa’s Bitcoin regulation is on right track, but there’s still long way to go

Africa’s profile as a significant player in the digital currency industry has continued to grow in recent years, Steve Kaaru...
Nigeria’s Finance Ministry and SEC working on digital currency regulation
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26 November, 2020

Nigeria’s Finance Ministry and SEC working on digital currency regulation

Nigeria could be on its way to becoming the first African country with a comprehensive regulatory framework for the digital...
Nigeria drafts blockchain and digital currency adoption roadmap
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24 October, 2020

Nigeria drafts blockchain and digital currency adoption roadmap

The roadmap breaks down how blockchain has changed the trust paradigm, its adoption in Nigeria so far, how the government...
Digital assets recognized as securities in Nigeria, regulator confirms
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17 September, 2020

Digital assets recognized as securities in Nigeria, regulator confirms

The Nigerian Securities and Exchange Commission says it will regulate digital tokens and currencies if they qualify as securities transactions.
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