• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, June 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Lottery Commission: FCCPC Recommits To Protecting Young Betting Coys In Nigeria

by Kingsley Okoh
2 years ago
in News
Lottery
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

The Federal Competition and Consumer Protection Commision, (FCCPC) has outlined plans to protect young sport betting and lottery companies in the country, noting that this would seek to drive inclusive growth in the sector to boost employment and revenue streams and also regulate their activities with proper licensing.

The FCCPC and the National Lottery Regulatory Commission said it would regulate the activities of sport betting companies who have proper licensing in Nigeria to operate while assuring that it would keep their operations in check with proper regulations.

The agency noted that the statutory remittances from the betting companies were needed to drive inclusive growth in the economy while promoting the emerging lottery sports economy.

Deputy Director/Zonal coordinator, National Lottery Regulatory Commission, Lagos Zonal Office, Mrs. Nkiru Onuzulu, commended the efforts of the National Lottery Regulatory Commission in the area of regulations of lottery business in the country.

RELATED

Eidal-Adha: Matawalle Donates 3,000 Rams To Zamfara People

Eidal-Adha: Matawalle Donates 3,000 Rams To Zamfara People

44 minutes ago
Kwara South Monarchs, Leaders Defend Tinubu On Appointments

In Sallah Message, Tinubu Assures Nigeria ‘ll Prosper, Reforms Working

2 hours ago

She added that the negative perception of lottery business has changed over the years, noting that with the coming of NLRC, the sector has been redefined the emerging industry which she said has lots of potential to grow the economy with statutory remittances.

Head of Federal Competition And Consumer Protection Commision in Lagos, Suzy Onwuka, said the agency was set to protect consumers’ interest by removing all fraudulent practices from sport betting companies to ensure transparency.

Onwuka said they were present to ensure transparency, fairness and that consumers aren’t misled with fake promos.

This is just as the nigeria’s top sports betting company iLOT boldly rewarded its loyal customers in the 2022 World Cup Promo at the Ikeja Sheraton Hotel and Suites to fulfil its commitment to consumers in iLOT betting platforms.

ILOT Nigeria is a top Sports online betting and lottery bookmaker operating in Nigeria. The company is registered with the trading name of Lucky9ja Lotto Limited.

The company holds the National Lottery Regulatory Commission Sports Betting
License and Lottery License. Since the beginning of its operation in the year 2021, it has gained immense followership and positive.

The Grand Prize, a brand new Toyota Corolla car was won by Umar Ibrahim.

Ibrahim, who is based in Federal Capital Territory Abuja, expressed his excitement after the presentation.

He said: I couldn’t believe it when (ILOT representative) informed me about the grand prize.

“For days, I was doubting if it was real. I was like can this be true. I was little bit disturbed.

“My family members kept on encouraging me and here I am today with the car.”

Aside from the Grand Prize, eight other customers were also rewarded with new
iPhones

Other Promo gifts doled out at the event are powerbank, phones and airpods.

ILOT managing director, Uma Ntima highlighted the role his company has played in boosting Nigeria’s economy.

”We have done well in creating employment opportunities in Nigeria. We are also committed to improving the economy.

“We have our branches in some parts of the country and we hope to improve and expand our business,” he said.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


SendShareTweetShare
Previous Post

Olu Of Warri Hosts 5th Ghigho Aghofen Ceremony

Next Post

How To Out-Rig Your Opponents

Kingsley Okoh

Kingsley Okoh

You May Like

Eidal-Adha: Matawalle Donates 3,000 Rams To Zamfara People
News

Eidal-Adha: Matawalle Donates 3,000 Rams To Zamfara People

2025/06/05
Kwara South Monarchs, Leaders Defend Tinubu On Appointments
News

In Sallah Message, Tinubu Assures Nigeria ‘ll Prosper, Reforms Working

2025/06/05
Crisis Brews In Zazzau Emirate As Ex-Waziri Petitions Kaduna Assembly Over Emir’s Seat
News

Crisis Brews In Zazzau Emirate As Ex-Waziri Petitions Kaduna Assembly Over Emir’s Seat

2025/06/05
The Bird Is Free, Elon Musk Declares After Twitter Acquisition
News

Trump Would Have Lost Election Without Me — Elon Musk

2025/06/05
Ganduje’s Suspension: Court Fixes May 27 For Hearing
News

Eid-el-Kabir: Ganduje Rejoices With Muslim Ummah, Preaches Sacrifice, Charity

2025/06/05
FCTA Clarifies Land Title Revocations
News

Era Of Banditry, Terrorism ‘ll Soon End — Wike

2025/06/05
Leadership Conference advertisement

LATEST

Eidal-Adha: Matawalle Donates 3,000 Rams To Zamfara People

In Sallah Message, Tinubu Assures Nigeria ‘ll Prosper, Reforms Working

Crisis Brews In Zazzau Emirate As Ex-Waziri Petitions Kaduna Assembly Over Emir’s Seat

Trump Would Have Lost Election Without Me — Elon Musk

Eid-el-Kabir: Ganduje Rejoices With Muslim Ummah, Preaches Sacrifice, Charity

Era Of Banditry, Terrorism ‘ll Soon End — Wike

Abuja Lions Club Donates 90-bed Hostel To FCT School Of The Blind

Eid-el-Kabir: Senator Ajagunla Shares 2,500 Bags Of Rice, 100 Rams To Constituents

Eid-el-Kabir: Speaker Abbas Urges Muslims To Pray For Nigeria, Imbibe Spirit Of Sacrifice

Eid-El-Kabir: Barau Calls For Unity, Support For Needy

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.