In a decisive move that highlights the pace of innovation in Africa’s digital economy, the Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) is pleased to welcome Prestmit as its newest Member. Prestmit’s entry into the Association underscores the growing synergy between platforms driving real-world utility and SiBAN’s mission of building a blockchain industry anchored on trust, collaboration, and responsible growth.
At SiBAN, we unite a broad spectrum of stakeholders from blockchain innovators and developers to investors, educators, and regulators all committed to advancing ethical practices, safeguarding consumers, and driving sustainable adoption of blockchain technology. Welcoming Prestmit into this network strengthens our community with even greater diversity and shared purpose.
Shared Vision with SiBAN
Membership in SiBAN is more than an affiliation; it represents a shared responsibility among industry players to shape the trajectory of blockchain adoption in Nigeria. Each new entrant adds perspective, capacity, and momentum to an ecosystem that thrives on inclusion and dialogue. Prestmit’s membership exemplifies this principle, bringing both experience and innovation to the broader conversation on blockchain’s future in Nigeria and Africa.
Since its launch in 2017, Prestmit has steadily evolved into a multi-service digital trading hub, catering to users in Nigeria, Ghana, and beyond.
Commenting on this milestone, a Prestmit representative stated:
“At Prestmit, empowering users to trade gift cards, crypto, and airtime seamlessly across currencies, and providing borderless communication with our e-sim service is our daily mission. Joining SiBAN enables us to contribute to broader efforts around structured, accessible blockchain adoption in Nigeria. SiBAN provides an essential platform for industry collaboration, and we’re excited to play our part in driving responsible innovation and financial inclusion.”
In an environment where innovation must go hand in hand with trust, consumer protection, and responsible adoption, the presence of members like Prestmit illustrates the collective resolve to balance progress with safeguards. It is this balance that gives strength and resilience to the ecosystem we are all working to shape.
Welcoming Prestmit to the Association, Obinna Iwuno, President of SiBAN, said:
“We are excited to welcome Prestmit to SiBAN, where together we are shaping the future of Nigeria’s digital economy through responsible innovation.Prestmit represents the forward-looking spirit we want to see thrive in Nigeria’s blockchain industry. Their emphasis on utility and security, reflects the kind of innovation SiBAN seeks to nurture. And we are glad to have them contribute to the collective work of building a transparent and inclusive ecosystem.”
Towards a Stronger Ecosystem
The entry of Prestmit into SiBAN represents more than the growth of our membership base, it reflects the strengthening of the cooperative framework on which the Nigerian blockchain ecosystem continues to advance.
By joining SiBAN, you become part of a shared vision to foster policy engagement, regulatory clarity, and sustainable economic growth while advancing cutting-edge technologies. Our commitment to ethics, compliance, and global best practices ensures that innovation thrives within a framework of trust and transparency. As partners, we work hand-in-hand to build an enabling environment that aligns industry interests with national development goals, creating pathways for scalable solutions that meet international standards and position Nigeria and Africa at the forefront of the global digital economy.
As blockchain adoption in Nigeria enters a new phase characterized by wider use cases, regulatory engagement, and increasing public interest, SiBAN remains committed to serving as the bridge that connects innovators, operators, and policymakers. Prestmit’s inclusion is therefore not just a symbolic step forward, but a meaningful contribution to the broader mission of fostering a transparent, sustainable, and people-centered digital economy.
Disclaimer
SiBAN membership is a voluntary association grounded in collaboration, industry best practices, and shared values. It does not in any way imply licensing, accreditation, or regulatory approval by the Securities and Exchange Commission (SEC) or any other regulator.
Learn more about https://prestmit.io/
