Nigeria’s Crypto Policies Drive Jobs, Investments, and Growth
President Bola Tinubu’s forward-looking crypto policies are attracting foreign investments and boosting Nigeria’s economy, according to Buchi Okoro, CEO of Quidax, a leading African digital assets firm.
Okoro praised the government’s focus on regulatory clarity, which has made it easier for companies like Quidax to thrive while fostering innovation in the digital asset space. “The SEC’s new licensing framework is a game changer,” he noted, emphasizing its role in attracting foreign direct investment (FDI) and retaining value within Nigeria’s economy.
With Nigeria ranked second globally in cryptocurrency adoption, Okoro believes the country is poised to play a significant role in the global digital economy. He highlighted the potential of cryptocurrency to create jobs, drive innovation, and empower individuals financially.
Platforms like Quidax enable Nigerians to participate securely in the crypto ecosystem, ensuring compliance with Know Your Customer (KYC) regulations and supporting seamless transactions. Okoro expressed optimism about the industry’s future, citing the growing momentum in global markets and Nigeria’s improved regulatory environment.
“The opportunities for Nigeria are immense,” he said. “With the right policies, we can unlock innovation, tax revenue, and global partnerships while creating a secure and thriving crypto ecosystem.”