Nigeria: Security

Many businesses move quickly into partnerships and business arrangements that rely on the exchange or integration of personal data

In early 2025, Nigeria's rapidly growing cryptocurrency sector reached a major turning point. After years of regulatory confusion and a well-known banking ban on crypto transactions, a new law changed everything. President Bola Ahmed Tinubu signed the Investments and Securities Act 2025 (ISA 2025) into law, officially recognizing digital assets and cryptocurrencies as securities. This landmark legislation replaces the previous 2007 statute and broadens the definition of "securities" in Section 3

With the advancement of various technologies and the use of information and communications technology (ICT) for daily activities and economic interactions, cybercrimes have significantly intensified...