Tinubu Signs Landmark Executive Order to Unify Nigeria's Virtual Asse…

Nigeria's President Tinubu has signed an executive order establishing a Central Bank-led Virtual Asset Council to unify cryptocurrency regulation, combat fraud, and implement digital asset taxation across the country. If you're running a crypto or fintech platform in Nigeria, the regulatory uncertainty just became a single channel: the CBN-led council. This moves you from multi-regulator chaos to a unified rulebook - faster to comply with, but also faster to get locked out if you're not aligned. Call your Lagos lawyer this week to understand what the council will expect from you.