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Wire · regulatory

Tinubu signs executive order to regulate cryptocurrency, virtual assets

Published

18 July 2026

Topic

regulatory

Sectors

Fintech

Geography

Nigeria

Source

Read at vanguardngr.com

Verified

Fusion42 · 18 July 2026 · Fusion42 review

Nigeria's President Tinubu signed an executive order establishing a coordinated regulatory framework for cryptocurrency and virtual assets, with the Central Bank of Nigeria, Nigeria Revenue Service, and Securities and Exchange Commission taking the lead. The order takes immediate effect.

This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 18 Jul 2026 and 24 Jul 2026.

◆ The Wire takeaway

If you're building fintech in Nigeria, regulators just gave you a single coordination path instead of three competing ones. Call the CBN this month—they're now the entry point for crypto and payments products in Africa's largest economy.

Coverage

7 sources · first reported 18 Jul 2026 · latest 24 Jul 2026

Related on Wire

Topics

Fintechcrypto-regulationnigeriafintechemerging-marketscompliance