Crypto law, tax and regulation in Nigeria

Eight deep guides to the rules that actually affect a Nigerian crypto user — what the CBN did and undid, what the SEC now licenses, what FIRS can tax, and what your bank is really watching for.

Start with CEX.IO →

Nigerian crypto regulation has moved further in the last three years than in the previous ten. The Central Bank's 2021 banking restriction was lifted in December 2023, the SEC built a working framework and an incubation route for platforms, the Investments and Securities Act 2025 put digital assets on a statutory footing, and the 2025 tax reform brought disposal gains expressly into the tax net from January 2026.

What follows is one deep page per question, because the alternative — a paragraph on a homepage — is what leaves people believing that Bitcoin is banned in Nigeria five years after it wasn't. Each page cites its primary sources so you can check the document rather than trust the summary.

Open a CEX.IO account in 5 minutes

Licensed exchange supporting NGN, BVN/NIN KYC and instant naira-to-USDT conversion.

Start with CEX.IO →