The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) has elected a new executive council to lead the association and support the growth of Nigeria’s digital economy and blockchain ecosystem.
The newly elected executives will officially take office in January 2026. Their role is to guide SiBAN’s vision, strengthen industry standards, and promote responsible adoption of blockchain and cryptocurrency across Nigeria.
Mela Claude-Ake was elected as the new President of SiBAN. He will work alongside a council made up of professionals with experience in blockchain technology, digital assets, policy, partnerships, education, and communications. The leadership team is expected to position SiBAN as a key voice in conversations around blockchain regulation and digital innovation in Nigeria.
One of the council’s primary objectives is to enhance collaboration among blockchain companies, regulators, and government institutions. By encouraging open dialogue, the association aims to create clearer policies that support innovation while protecting users and investors.
In his remarks, the new President highlighted the importance of building a structured and inclusive digital economy. He noted that blockchain technology has the potential to drive economic growth, improve transparency, and expand financial access if supported by the right regulatory frameworks.
This leadership change comes at a critical time for Nigeria’s digital economy. The country continues to see strong interest in cryptocurrency, Web3, fintech, and blockchain solutions, making industry coordination and advocacy more important than ever.
With Nigeria ranking among Africa’s most active crypto markets, SiBAN’s role in shaping policy discussions and supporting ecosystem growth is becoming increasingly important. The new executive council is expected to help bridge the gap between innovation and regulation while supporting startups, developers, and businesses in the blockchain space.
The election marks a new chapter for SiBAN as it continues to push for sustainable growth, education, and long-term development of Nigeria’s digital economy.
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