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Nigeria

NG / NGA · Africa · Sub-Saharan Africa

Hostile

Country Information

ISO Code
NG (NGA)
Region
Africa
Sub-Region
Sub-Saharan Africa
Status
Active
Crypto Regulatory Status
Hostile
Summary
The Securities Exchange Commission (SEC) of Nigeria has published new rules relating to the issuance, exchange, and custody of digital assets in the country. The new SEC rules require token issuance platforms and exchanges to maintain trust accounts with receiving banks.

Regulatory Status Summary

Allowed-Regulated: 2

Status History by Topic

Click any cell to view the analysis

Topic Jul 2025 Aug 2025 Sep 2025 Oct 2025 Nov 2025 Dec 2025
Retail_Trading_Status
Legend:
Allowed-Regulated
Allowed-Unregulated
Gray-Zone
Banned
Unclear
No data
Latest

Latest Analyses

Regulation analyses for Nigeria

Topic Status Confidence Updated Actions
Retail_Trading_Status Allowed-Regulated High Confidence 1d ago View
Retail_Trading_Status Allowed-Regulated Unknown 24w ago View

All Analysis Versions

3 total versions (including archived)

Topic Status Version Date Actions
Retail_Trading_Status Allowed-Regulated Latest 2025-12-12 04:57 View
Retail_Trading_Status Allowed-Regulated Latest 2025-06-26 13:04 View
Retail_Trading_Status Allowed-Regulated Archived 2025-04-12 06:44 View