Nigeria’s emergence as a key player in the Fourth Industrial Revolution has been affirmed with the enactment of the Investment and Securities Act (ISA) 2025. Experts gathered at the Digital Asset Markets Strategy Masterclass Series in Lagos to celebrate this groundbreaking legislation, which provides a robust framework for digital assets and tokenised securities in the country.
Signed into law by President Bola Ahmed Tinubu in March 2025, ISA 2025 grants the Securities and Exchange Commission (SEC) authority over virtual asset service providers (VASPs) and digital assets. The Act removes regulatory ambiguity and positions Nigeria to leverage blockchain and digital finance to drive economic transformation.
Joseph Olasunkami Tegbe, Director-General of the Nigeria-China Strategic Partnership (NCSP), highlighted the importance of Chinese technology in this shift and revealed that over $30 billion in investment commitments and 300 expressions of interest have been received from Chinese firms. Nigeria will soon sign a pact with China for direct Naira-to-Yuan conversions, reducing reliance on the Dollar and deepening bilateral development ties.
Governor Babajide Sanwo-Olu, represented by Finance Commissioner Abayomi Oluyomi, disclosed plans to monetise idle assets and raise a green bond—making Lagos the first subnational to pursue such funding for infrastructure via a securitisation policy.
Masterclass convener Dr. Nicholas Okoye emphasised the transformative power of digital asset markets, including cryptocurrencies and tokenised investments, calling them key to unlocking wealth for investors and redefining African finance. He asserted that this shift offers Africans, regardless of their location or profession, a historic opportunity to measure and grow real national wealth.
Source: Swifteradio.com
