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Settlement Layer

Nigeria

One of the most active crypto and stablecoin markets in the world, and our deepest market. A large, mobile-first population, persistent FX pressure and a dense fintech sector drive demand for dollar-denominated rails.

Region
West Africa
Currency
Nigerian naira (NGN)
Coverage
Deep coverage
Regulators

Central Bank of Nigeria (CBN)

Securities and Exchange Commission (SEC)

Market profile

What our Nigeria intelligence covers.

Every market profile follows the same structure, so you can compare markets side by side. Detailed findings are delivered through briefs and engagements.

  1. 01

    Market overview

    Size, structure, macro and FX context.

  2. 02

    Stablecoin activity

    Usage, corridors, venues and on/off-ramps.

  3. 03

    Payments ecosystem

    Rails, schemes, mobile money and switches.

  4. 04

    Cross-border payments

    Corridors, settlement routes and FX access.

  5. 05

    Key companies

    Banks, PSPs, wallets, exchanges and infrastructure.

  6. 06

    Regulators

    Who supervises what, and how they engage.

  7. 07

    Regulations

    Frameworks, licences, circulars and pending rules.

  8. 08

    Key people

    Executives, operators and policymakers.

  9. 09

    Funding & capital

    Rounds, investors and expansion signals.

  10. 10

    Opportunities

    Where the gaps and openings are.

  11. 11

    Risks

    Regulatory, FX, counterparty and execution risk.

  12. 12

    Relevant research

    Our reports, maps and analysis on the market.

Evaluating Nigeria? A Market Entry Sprint gives you the regulatory, partner and people picture in 2–4 weeks.

Start here

Entering Africa? Start with intelligence.