Tinubu signs executive order on virtual assets, cryptocurrency regula…

Nigeria's President Tinubu signed an executive order establishing coordinated regulatory framework for virtual assets and cryptocurrency, with the Central Bank of Nigeria, Nigeria Revenue Service, and Securities and Exchange Commission leading oversight. The move signals formalised government intent to regulate the sector previously operating in legal ambiguity. If you're building fintech or crypto infrastructure for Africa, Nigeria just moved from legal grey to formal oversight—you now have a rulebook to build to, not around. Move fast to establish compliance relationships with CBN and SEC before competitors do; this is your window to become the licensed operator others buy from.