• Latest
  • Trending
Exploring Nigeria’s Digital Assets Industry: Present realities and future prospects

Exploring Nigeria’s Digital Assets Industry: Present realities and future prospects

June 13, 2025
Edtech startup The Invigilator raises $11 million to scale its AI platform

Edtech startup The Invigilator raises $11 million to scale its AI platform

September 6, 2025
iXAfrica receives RMB financing to fast-track 20 MW expansion in Nairobi

iXAfrica receives RMB financing to fast-track 20 MW expansion in Nairobi

September 6, 2025
OpenAI challenges LinkedIn with new AI-powered hiring platform

OpenAI challenges LinkedIn with new AI-powered hiring platform

September 6, 2025
Tanzanian fintech NALA takes its services to Kenya

Tanzanian fintech NALA takes its services to Kenya

September 6, 2025
Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

September 5, 2025
Meta Brings Back Facebook Poke with Emojis and Streaks

Meta Brings Back Facebook Poke with Emojis and Streaks

September 5, 2025
Know why they’re calling: Truecaller launches AI-powered insights

Know why they’re calling: Truecaller launches AI-powered insights

September 5, 2025
Visa harnesses local partnerships to launch Visa Pay in DR Congo

Visa harnesses local partnerships to launch Visa Pay in DR Congo

September 5, 2025
Betika denies recent reports of security breach

Betika denies recent reports of security breach

September 5, 2025
10 things you can actually buy with crypto in Africa

10 things you can actually buy with crypto in Africa

September 5, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Tech News

Exploring Nigeria’s Digital Assets Industry: Present realities and future prospects

Modupeoluwa Olalere by Modupeoluwa Olalere
June 13, 2025
147 5
0
Exploring Nigeria’s Digital Assets Industry: Present realities and future prospects
471
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

On Wednesday, key players from Nigeria’s tech, finance, and policy sectors gathered at the Oriental Hotel in Victoria Island, Lagos, for “Future Forward: What’s Now and Next for Nigeria’s Digital Assets Industry?”

The event brought together industry leaders, innovators, and regulators to discuss the current trends and future opportunities in Nigeria’s digital assets space. Topics included cryptocurrency, blockchain technology, regulation, and how digital finance shapes the country’s economy.

It was a day of open discussions, expert insights, and shared ideas on how to move the digital assets industry forward in Nigeria.

Policy and Progress: Nigeria on the global stage

Dr Emomotimi Agama (Director General SEC)  described the gathering as “this pivotal garden, where the future of decentralised finance intersects with the regulatory vision for digital assets in Nigeria.”

RelatedPosts

GITEX Nigeria 2025: Lagos Governor commits to driving Nigeria’s $1 trillion Economy

Arigo launches digital solutions to address specific life issues

South Korea’s crypto data-sharing deal: What it means for Africa

He noted Nigeria’s global position, stating the country has “emerged as a global frontrunner in digital asset adoption,” ranking among the top three worldwide.

Amid this progress, he posed tough questions: “How do we ensure that the digital assets revolution serves the broader economy, not just a speculative few?” and “What must we do to create a safe, sustainable, and investor-friendly environment that promotes innovation without compromising trust?”

He challenged the youth: “The major challenge we have is looking for social media popularity. That’s not academics. That’s not ingenuity. It is water shallow.”

He encouraged more profound thought, “You must go deeper and ask yourself certain basic questions.”

On the many views of crypto, he remarked, “You can see cryptocurrency as so many things, depending on where you are sitting or where you are standing.”

He acknowledged Nigeria’s dominance, saying, “Nigeria currently leads Africa in pair-to-pair crypto trading volumes,” with nearly $60 billion in transactions since 2021.

Driving Adoption: Education, innovation, and access

Ayo Adewi, Head of Products at Prestmit, says, “It’s the number one digital asset trading platform in Africa.”

He adds, “Education… what we see online” is key, and Nigeria is “positively aggressive… ready for constructive destruction.”

Ayotunde Alabi, CEO of Luno Nigeria, shares, “We’re launching Staking soon” and“partnering with AltSchool to train at least 10,000 people.”Luno aims to show “what crypto is and what it is not.”

Ike Okema, from the marketing and communications team at Zaberia Technologies, has addressed widespread misconceptions about digital assets in Nigeria.

Speaking to Techpression, Ike explained that Zaberia Technologies is “a frontier digital assets exchange and payment solutions platform” offering services from “cryptocurrency swap, buy and sell, to gift card trade.”

He described Zaberia as “an all-in-one platform where users can manage, trade, and exchange their digital assets for real cash.”

When asked about public perception, he identified two major misconceptions: “that crypto is a scam” and “that people who trade or deal in cryptocurrency or digital assets are Yahoo boys.”

He added that while “most of the first advocates… were young people looking for faster ways to earn money,” the stereotype persists unfairly. “Globally speaking, cryptocurrency or digital assets have become a mainstay medium of exchange. That stereotype is yet to be fully reversed in this particular part of the world.”

According to Ike, changing this narrative will be key to broader adoption and trust in the Nigerian crypto space.

Ayo Adewi, Head of Products at Prestmit, described the platform as “the number one digital asset trading platform in Africa.”

Speaking to Techpression, he said Nigeria’s crypto growth is driven by “the internet, exposure” and “education… not classroom-based, but what we see online.”

He described Nigerians as “positively aggressive… ready to undergo what we call constructive or positive destruction.”

In the future, he stated, “We’ll see a lot when it comes to remittance… using crypto to pay for things.” “All of this is going to come out very soon.”

Nigeria’s digital asset industry is no longer just emerging. It’s advancing with purpose. With growing innovation, more precise regulation, and rising public interest, the country is well-positioned to lead the next chapter in global digital finance.

Tags: digital assetsInnovation
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.