Nigeria to allow cryptocurrencies in new law while targeting risk

Dulue Mbachu Tue 18th March 2025 Nigeria to allow cryptocurrencies in new law while targeting risk After years of hostility the Nigerian authorities are adopting a more constructive approach to digital assets, albeit tempered by caution. Image: LEON NEAL / AFP After swinging back and forth between acceptance and rejection, Nigeria is finally set to recognise crypto assets via a new bill recently passed by lawmakers.