All jurisdictions
NG · Tier 2
Nigeria
NLRC federal lottery licence plus Lagos LSLGA online sports-betting licence — Africa's largest gambling market, dual-track licensing.
At a Glance
- Setup
- $50K+ (combined)
- Annual
- $60K+
- Timeline
- 16–28 weeks
- Tax
- Combined federal + state levies
- Markets
- Nigeria
- Tier
- 2
UNVERIFIED — figures for guidance only. As of 10 June 2026. Verify with the regulator before making licensing decisions.
What works here
Opportunities
- +Sports-betting operators chasing Africa's largest market
- +Brands with Naira-denominated payment rails and CRM
- +Groups with Nigerian entity and SCUML AML registration
What to watch
Watch-outs
- !Federal vs state jurisdiction is unsettled — Lagos vs NLRC tension
- !FX controls on Naira complicate fund repatriation
- !EFCC compliance overlay adds AML complexity
Permitted Verticals
SportsbookCasinoLottery