Virtual Assets Service Providers License in Nigeria

How to Register and Obtain License as a Virtual Assets Service Provider (VASP) in Nigeria

Corporate & Commercial, Corporate and Business Advisory, Dispute Resolution, Financial Services, Financial Technology (FinTech), Startup Law, Technology and Innovation

Introduction The enactment of the Investment and Securities Act, 2025 ushered in a new regime for the formal recognition and acceptance of cryptocurrencies in Nigeria with the implication that cryptocurrencies and other forms of virtual assets can now be legally traded in Nigeria. Although there have been rules issued by the Securities and Exchange Commission…

Registrations and Licensing with the Nigerian Securities and Exchange Commission (SEC)

Corporate & Commercial, Corporate and Business Advisory, Financial Services, Financial Technology (FinTech), Startup Law, Technology and Innovation

The Securities and Exchange Commission (SEC) is the Nigerian Government regulatory agency responsible for registering and regulating the activities of the participants in the Nigerian capital market. The SEC registers and issue licenses to qualified persons and companies operating in the Nigerian capital market. One of the core functions of the Nigerian SEC is the…