Is crypto legal in Nigeria?

Banking ban / restricted

Cryptocurrency is legal to hold but banks are barred from handling it.

Nigeria is one of 18 countries classified “Banking ban / restricted” for cryptocurrency — 18% of the 100 with data. (Also searched as crypto, Bitcoin.)

Source

Taken from: Wikipedia: Legality of cryptocurrency by country or territory
Last checked: 15 September 2026
How it was classified: Read directly from the source’s own table, without interpretation.

Nearby countries

Central African Republic: Legal Cryptocurrency is legal to own and trade.
Algeria: Banned Cryptocurrency is prohibited.
Angola: Legal Cryptocurrency is legal to own and trade.
Morocco: Banned Cryptocurrency is prohibited.
Malta: Legal Cryptocurrency is legal to own and trade.
Egypt: Banned Cryptocurrency is prohibited.

Other laws in Nigeria

Gambling Age: 18

Every law in Nigeria → · Where is cryptocurrency legal? →

A visual reference compiled from Wikipedia’s law-by-country articles, not legal advice. Laws change and summaries simplify — check a primary source before relying on anything here.