The chosen technical infrastructure, developed in conjunction with Canadian company Blockstation, is based on shared ledger technology. The first public offering in the form of digital tokens is scheduled for early September 2026, marking the culmination of the presidential decree creating a Virtual Assets Council under the supervision of the Central Bank of Nigeria.

The system aims to integrate the national entrepreneurial fabric into the financial system. In Nigeria, only about 4% of the 40 million micro, small, and medium-sized enterprises have access to traditional bank credit lines. The fractionalization of financial assets lowers the entry threshold for individual savings and enables quasi-immediate transaction settlement, under the exclusive guidance of brokers approved by the Securities Exchange Commission. The solution directly targets the country's demographic cohort, with over 60% of the population under the age of 30.

The NASD platform confirms its rise to prominence among non-listed companies on the Lagos Stock Exchange (NGX). The market capitalization of the over-the-counter market has risen to 2,120 billion naira (1.556 billion dollars) at the end of 2025, representing a jump of over 100% compared to the 1,030 billion naira level recorded 12 months earlier. By opening up 46 securities to digitization in May, the Lagos financial hub is distancing itself from other continental markets, such as the Nairobi Stock Exchange (26.4 billion dollars in market capitalization) linked by an experimental protocol, and the UEMOA markets, which lack regulation on virtual assets.


Asaba

Tags: marché financier nigeria bourse nasd actions tokenisées technologie blockchain économie numérique marché des capitaux innovation financière afrique