Securities and Exchange Commission (SEC)
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The regulatory body overseeing the licensing and compliance of VASPs in Nigeria.
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From 2026, dodging taxes in Nigeria could cost crypto startups their licences — and ₦10m
TechCabal - Sep 18, 2025
Nigeria's new tax laws impose an initial penalty of ₦10 million for VASPs failing to comply within the first month. The Securities and Exchange Commission (SEC) can suspend or revoke licenses of non-compliant VASPs.
Securities and Exchange Commission (SEC)KuCoinBlockchain Nigeria User GroupNigeria Tax Administration Act, 2025Federal Inland Revenue Service (FIRS)
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