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Nigeria’s Federal Ministry of Finance is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies — a move that could accelerate adoption in Africa’s largest economy. 

Business Day, a Nigerian market intelligence publication, reported Tuesday that the Ministry of Finance is working with the Abuja-based Securities and Exchange Commission, or SEC, to “provide a regulatory environment for blockchain” and digital assets. The publication cites Ministry adviser Amstrong Takang speaking at an industry event in Lagos on Tuesday.

Digital assets are recognized as commodities and governed by appropriate securities law in Nigeria following the SEC’s stunning edict on the matter back in September. At the time, the SEC said its role was to regulate this new asset class, not hinder adoption or innovation.


Nigerian officials appear keen on adopting blockchain, with hopes of generating $10 billion in revenue from the new technology by 2030.

MorCrypto Exchange is just in time, providing a world class user friendly spot trading exchange with AI enabled trading system. Adoption is the goal, great customer service is the niche & servicing Africa is our pleasure at https://morcrypto-exchange.com/

MorCrypto ANN
Nigeria’s Federal Ministry of Finance is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies — a move that could accelerate adoption in Africa’s largest economy. 

Business Day, a Nigerian market intelligence publication, reported Tuesday that the Ministry of Finance is working with the Abuja-based Securities and Exchange Commission, or SEC, to “provide a regulatory environment for blockchain” and digital assets. The publication cites Ministry adviser Amstrong Takang speaking at an industry event in Lagos on Tuesday.

Digital assets are recognized as commodities and governed by appropriate securities law in Nigeria following the SEC’s stunning edict on the matter back in September. At the time, the SEC said its role was to regulate this new asset class, not hinder adoption or innovation.


Nigerian officials appear keen on adopting blockchain, with hopes of generating $10 billion in revenue from the new technology by 2030.

MorCrypto Exchange is just in time, providing a world class user friendly spot trading exchange with AI enabled trading system. Adoption is the goal, great customer service is the niche & servicing Africa is our pleasure at https://morcrypto-exchange.com/
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How to Create Telegram Channels on Mobile and Web

Telegram channels allow you to host a large audience and to share information with them. An unlimited number of subscribers can join a Telegram channel. In this step-by-step guide, we will show you how to create Telegram channels on mobile and on the web. We’ll also tell you about the difference between Telegram groups and channels, how to add people to your channel, and some admin controls that you’ll need.

Nigeria’s Federal Ministry of Finance is reportedly in talks with the country’s securities regulator to develop a new framework for blockchain and cryptocurrencies — a move that could accelerate adoption in Africa’s largest economy. 

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