Nigeria’s digital finance sector is shifting toward institutional adoption as banks, fintechs, regulators, and digital asset firms gather in Lagos following President Bola Tinubu’s Executive Order on Virtual Assets Coordination.
The Nigeria Stablecoin Summit (NSS 2.0), organised by the Africa Stablecoin Network (ASN), comes less than two weeks after the Federal Government introduced a coordinated framework for virtual asset regulation. The order complements the Investment and Securities Act (ISA) 2025, which recognises virtual assets and places key activities under the Securities and Exchange Commission (SEC).
The summit set to take place on July 30 marks a shift from policy discussions to implementation, with participants expected to focus on payment infrastructure, institutional custody, interoperable payment rails, fiat on-and-off ramps, and cross-border settlements.
“Last year, we opened the door. This year, we walk through it,” said Nathaniel Luz, president of the Africa Stablecoin Network and convener of the summit.
“The institutions coming to NSS 2.0 are not coming to speculate. They are coming to build the payment systems that will carry African trade for the next decade.”
