Iudara

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
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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

Get licensed.

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