Nigeria's Securities and Exchange Commission (SEC) Director General, Emomotimi Agama, has highlighted the potential of cryptocurrency to benefit the country's unbanked population. At the ACMAN annual conference, Agama projected that Nigeria's crypto market would reach $52.5 million by 2028. Currently valued at over $400 million, about 33.4% of Nigerians own or use cryptocurrencies. Agama emphasized the need for clear crypto regulations to harness the benefits of crypto assets while mitigating risks. He also noted the potential of cryptocurrencies to reduce remittance costs, making it easier for Nigerians abroad to send money home.