Quote from Ndubuisi Ekekwe on January 12, 2023, 8:24 PM

The Central Bank of Nigeria has published Nigeria Payments System Vision 2025. You can download it. In the document, the apex bank sees a path to develop policies on initial coin offerings and stable coin offerings:

“CBN would consider the development of a regulatory framework for potential implementation of ‘Stable Coin Offerings’. CBN would continue its watching brief on ICOs as well as work with SEC to jointly develop a regulatory framework in the event of adoption of an ICO-based investment solution.”