Like many countries around the world, Nigeria is yet to introduce a legal framework for cryptocurrencies or crypto exchanges. However, the country is showing great interest in introducing a legal framework. After the March statement by CBN, Nigerian lawmakers urged the regulatory authority and Nigeria’s Deposit Insurance Commission to speed up efforts to introduce a legal framework for cryptocurrencies in the country.

http://nigerianlawtoday.com/legal-status-of-crypto-in-nigeria/