Sports betting, just like all gambling activities, can be quite sensitive to regulation. If left uncontrolled, the losses could be massive- from bookies losing their stakes and winnings to serious gambling addiction. We take a look at the legality of sports betting in Nigeria, the law regarding the same, and the gaps that need to be filled.
Legislations on sports betting in Nigeria
Nigeria, one of the biggest economies in Africa and with the highest population boasts of a robust betting following. There are major legislations that have made sports betting legal in Nigeria. The National Lottery Act of 2005 is the most recent legislation that was specifically passed to control and regulate the betting affairs in Nigeria.
The National Lottery Act of 2005 provides for The National Lottery Regulatory Commission (NLRC) which is the body mandated to regulate all the gaming activities in the country. The commission is further mandated to protect the interest of all the players in the gambling industry, in addition to ensuring transparency within the sector.
It is important to note that the commission issues three types of licenses- Promotional Permit, Lottery licenses, and Sports Betting License (Online and Offline). The licenses cover betting, bingo, online casino, lotteries, fantasy sports, and online poker.
The Act prohibits gambling to persons below the age of 18, provides for the requirements that a company needs to have to be legally allowed to operate in Nigeria, and also the mandate of the Commission.
Other State Licenses legalizing Betting
Federal states like Lagos and Oyo are some of the States that have enacted specific pieces of legislation that cater to the specific needs of their particular population. Lagos has the Lagos State Lottery Law of 2004, which specifically regulates betting in Lagos.
There have been tremendous calls to regulate the industry even more. For instance, the Gaming Machines Act of 1977 barred the ownership, importation, and operation of gaming machines within Nigeria by the government. Later, the Criminal Code of 1990 went ahead to classify the legal and illegal gaming activities that would be allowed in the country.
Overview of current requirements for sports betting in Nigeria
We now look at a general overview of the gaming laws in Nigeria that make it a legal and safe activity.
To begin with, all companies or entities that wish to conduct betting business in Nigeria must be incorporated under the Corporate Affairs Commission (CAC). This leaves very little room for the dubious foreign companies that tend to set shop and disappear with the wagers of bookies.
Further, and even after acquiring a license, the individual states have a Lottery Board that tends to monitor and follow up on the licensed companies’ activities, which further makes gambling secure.
Betting companies have also been put on high alert, before being awarded the licenses. For instance, the application and processing fee to be considered for a license is a whooping N2 million which is non-refundable. The names and profiles of the directors and other key staff of the company are scrutinized deeply to establish the authenticity of the information provided.
The proposed activities of the bookmaker must also be pretty straight and acceptable to the regulator. The mode of distribution and the areas of interest must be precisely within the precincts and conventional channels. To cap it all, a detailed financial framework must be presented, with evidence of a 5-year projection as a going concern.
From the foregoing, it is clear that the bar for obtaining the operating license is a long and very thorough one- but in essence, it is meant to protect the bookies who wish to stake their money. Additionally, responsible betting is encouraged by the regulator who defines the legal age for gambling and closely monitors the content that is used to entice gamblers.
To conclude, sports betting is legal, and it has evolved, although there are loopholes that have been occasioned by the evolution of technology in recent days. It would be interesting to see how fast the regulator would continue to update the legal framework to match and catch up with the technological advances!
Best Bingo Games to Play for Free
Besides the usual game of bingo, there are other games that you can play. For example, there are the Blackout Bingo games and the Bingo Clash games. You can also play the Gala Bingo games. These are great games to play for free.
Located in the United Kingdom, Gala Bingo is one of the biggest names in bingo. Entain Plc, a leading betting company worldwide, owns it. It also operates sister sites, Ladbrokes Bingo and Foxy Bingo.
Gala Bingo features a variety of bingo games and slot machines. The site uses colorful bingo thumbnails and an appealing interface. It also has a wide range of deposit methods. There are also special promotions and bonuses available for certain occasions.
Gala Bingo also offers a mobile app. It’s available on Android and Apple devices. The app is identical to the desktop version. However, there are some slight limitations regarding the number of slots and games available.
Having started as part of Gala Gaming, Buzz Bingo quickly became one of the most recognizable bingo sites in the UK. With a range of bingo rooms and games, Buzz Bingo offers plenty of options to suit both beginners and veterans. Despite its relatively short history, Buzz Bingo has received many accolades, including Best New Bingo Site at the WhichBingo Awards and Best Bingo Site at the BingoPort Awards.
Buzz Bingo boasts various bingo games, including the popular 90-ball and 75-ball variants. In addition to bingo, players can also play slots and scratch cards. Buzz Bingo also offers special rooms and promotions for existing players.
Whether you’re looking for a quick way to relax, a challenge to master, or a way to win cash, Bingo Clash has a lot to offer. It’s one of the most popular online casino games and has earned over 75,000 ratings in the Apple App Store. Bingo Clash is a fun game with a simple interface and rules. Players can win small prizes for free or play in tournaments to earn cash. The app also uses anti-cheating technology, which means developers constantly update the software.
While it’s free to download and play, players can earn tickets through bonuses, such as inviting friends to play. They can also use their tickets to win prizes or bank them for future use.
Whether you’re a seasoned Bingo gamer or a first-timer, Bingo Tour is a game you will enjoy. It’s a skill-based game that allows you to win real cash prizes.
Bingo Tour is a Bingo game app that is free to download and play. The app features high-quality visuals and smooth gameplay. You can play free or enter paid tournaments to win real cash prizes.
Bingo Tour offers a variety of in-game power-ups that can give you an advantage over your opponents. For example, the “DAUB IT” power-up allows you to daub any square you choose. This feature will speed up your winnings and help you claim your Bingos fast. You can also gain a “GIMME MORE” power-up to see the following number earlier.
Bingo Win Cash
Among the many games available on the market, Bingo Win Cash is one of the most popular and has a good reputation. In fact, the app has a 4.5-star rating on the iOS app store and has gotten a lot of positive feedback from players.
While the app is free to download, it offers a paid play mode that will allow you to earn money. You can also earn points that can be used to purchase items in the game.
You can also play in tournaments. These tournaments are head-to-head matches against other players on the same level. The tournament winner wins the entry fee plus a share of the prize pool. Depending on the size of the tournament, the prize can range from a few dollars to a few hundred dollars.
Zhu Bangqing’s Jackpot Bingo
Besides being a social experience, the Best Bingo Games to Play for Free also have the potential to reward you with cash. The jackpot is much bigger than you might think, and if you know how to play the game correctly, you can snag some big bucks.
You can play Bingo Clash, a fun mobile game, or try out Bingo Clash online for free. The app features real-money prizes as well as skill-based online competitions. It also has a great selection of match modes, so you can find something to suit your game-playing style.
Whether you’re looking for a free online game that will improve your skills or you want to win a few bucks in pocket change, Blackout Bingo is a fun way to play. And you can even earn a few extra points just for hitting bonus spots!
Blackout Bingo is a fast-paced game. You play a match against another player, and your goal is to get more points than they do. You can also earn bonus cash and win real-world prizes. The game also features a free practice round to get your bearings before putting up the money.
Apple Mulls £5.8bn Manchester United Purchase
By Adedapo Adesanya
Technology giant, Apple, is interested in buying Manchester United for a stunning £5.8 billion after the club’s owners, the Glazers family, put it up for sale this week.
The decision by Manchester United owners to sell the club lends credence to the demands of those fans who have wanted them ousted.
The American billionaires will sell the club to the highest bidder – and bosses of Apple have expressed an interest in discussing a potential deal.
Apple is the largest tech company in the world, with an annual revenue of almost £326 billion and an estimated net worth as of this month of £2 trillion.
The California-based firm has no experience in owning a football club, and its foray into the club could make it the richest club in the world.
British media reports that Apple CEO, Mr Tim Cook, is keen to explore the opportunities of owning Manchester United and will line up talks with the banks appointed to oversee the sale, which includes The Raine Group.
Part of Mr Cook’s plan could include Apple funding the building of a new state-of-the-art stadium that would be regarded as the best in the world.
The Glazers had initially set an asking price of £8.25 billion, and if Apple were to complete a deal, it would make Apple’s value more than that belonging to the respective Gulf state owners of Manchester City, Newcastle and Paris Saint Germain.
The Glazers bought United in 2005 but went on to become hugely unpopular due to the handling of the club.
Earlier this week, the club released Cristiano Ronaldo with immediate effect after he granted an interview, where he expressed his disgust at the running of the club. The forward, across two spells at Old Trafford, scored 145 goals in 346 appearances.
“Everyone at Manchester United remains focused on continuing the team’s progress under Erik ten Hag and working together to deliver success on the pitch,” the statement said.
Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
Highest-Paid footballer from Nigeria
The phrase “Naija no dey carry last” has been evident in football recently as there has been an influx of Nigerian footballers playing abroad. Football is the most popular sport in Nigeria with millions of fans supporting their clubs abroad. Nigeria has always been a home of incredible football talents and with more amazing young footballers showing in recent years, the weekly wages of Nigerian footballers has been on a rise.
The huge wages being paid to Nigerian footballers isn’t a surprise as the impact of the players is evident in those teams. Aside from the high wages they earn, Naija footballers are being traded for a huge amount of money. In the summer of 2020, Victor Oshimen became the most expensive African footballer of all time as he joined Napoli from Lille for about $80 million-plus add-on. Hardly any top European league without a Nigerian footballer performing at a high level and earning huge wages. A good sign for the Super Eagles as the national squad is now full of top talents.
We have decided to go on an adventure to reveal the highest-paid footballers from Nigeria, who are also featured in the best football predictions bettors will find on Takebet Nigeria. We have searched all leagues where Nigerian players compete, from European leagues such as English Premier League, Spanish La Liga, Serie A, Ligue 1, Bundesliga to other top leagues.
Let’s dig into the list of the highest-paid footballers from Nigeria.
Odion Ighalo – Striker, Al-Hilal – $170,000 (last know)
Odion Ighalo is one of the most popular Nigerian players. The striker became the first Nigerian international to play for Manchester United after he joined the club on loan from the Chinese side Shanghai Shenhua in January 2020. Odion Ighalo scored five goals in 23 appearances before returning to Shanghai Shenhua at the end of his loan.
The Nigerian international joined Saudi Arabia’s Al Shabab from the Chinese Super League side Shanghai Shenhua in 2021. Ighalo scored 10 league goals in 19 appearances for Shanghai Shenhua. Odion made his debut in 2005 and moved to Europe in 2008 where he joined Udinese. The Nigerian international joined Watford during the 2014-15 and scored 36 league goals in 90 appearances for the club.
Odion Ighalo represented the Super Eagles during the 2018 World Cup. The Nigerian international holds the record for the most goals scored during a single Africa Cup of Nations with seven goals in 2019.
Ighalo earned $170,000 per week in Al Shabab. Odion Ighalo joins Al-Hilal, another Saudi football club, after the AFCON 2021. His salary in the new club is currently unknown, but the striker is sure to keep his #1 spot.
Victor Osimhen – Striker, Napoli – $110,000
Victor Osimhen is currently one of the best strikers in Europe. The Nigerian international has been amazing for Napoli this season after a slow start to life in the Italian Club. Victor Osimhen became the most expensive Africa striker in history after he joined Napoli from Lille for a fee of about $80 million in the winter transfer of 2020.
The Napoli striker has scored 19 goals in 45 appearances for the Italian side. Osimhen had an incredible rise to glory as he wasn’t able to join either Zulte Waregem or Club Brugge in his early days due to Malaria. Victor was in Nigeria’s under-17 team that won the 2015 FIFA U-17 World Cup. The Nigerian international won the Golden Boot in the tournament with 10 goals. He also won the Silver Ball award during the tournament.
Osimhen missed out on the 2018 World Cup squad. He made his debut for the national team in 2017. The Nigerian international made the squad for the 2019 Africa Cup of Nations and has been brilliant since then. He has scored 10 goals in 18 appearances for the national team.
Victor currently plays in Napoli and he earns $110,000 per week.
Wilfred Ndidi – Midfielder, Leicester City – $100,000
Wilfred Ndidi is currently one of the best defensive midfielders in the world. The Nigerian international has been incredible since he joined Leicester City from Genk in the winter transfer of 2017 for $20m. Ndidi has scored 10 goals in 196 appearances since he joined the club.
The Nigerian international won the most tackles in the Premier League (138) during the 2017-18 season. He also won the most tackles in the league in the following season of 2018-19. Wilfred Ndidi was an important player of the squad that won the 2020-21 FA Cup as they defeated Chelsea by a goal to nil.
Ndidi represented Nigeria during the 2016 Summer Olympics. He made the squad for the 2018 World Cup as they were knocked out in the group stage. Ndidi also represented the Super Eagles in the 2019 and 2021 Africa Cup of Nations. He has 47 caps for the Nigerian national team.
Wilfred Ndidi currently plays for Leicester City and earns $100,000 per week.
Kelechi Iheanacho – Striker, Leicester City – $80,000
Seniorman Kelz as he is widely regarded came into the limelight after an impressive outing during the 2013 FIFA U-17 World Cup. The Nigerian international won the Golden Ball award as the Super Eagles won the tournament. Iheanacho scored six goals during the competition as he won the Silver Boot.
Kelechi Iheanacho joined Manchester City in 2015. Iheanacho scored 21 goals in 64 appearances for Manchester City as he won the English Football League Cup. The Nigerian international joined Leicester City for a fee of about $30 million in the summer of 2017. Iheanacho was brilliant during the 2020-21 season as he scored 12 goals in the Premier League, overperforming his expected goals of 8.20.
Iheanacho represented Nigeria during the 2018 World Cup. The Leicester City striker also represented the Super Eagles during the 2021 Africa Cup of Nations. Iheanacho has scored 12 goals in 42 appearances for the national team.
Kelechi Iheanacho currently plays for Leicester City and earns $80,000.
Alex Iwobi – Midfielder, Everton – $68,000
Alex Iwobi started his club career with Arsenal as he joined the youth team in 2004. The Nigerian international made his senior debut in 2015 for Arsenal against Sheffield Wednesday.
Iwobi scored 15 goals in 149 appearances for Arsenal as he spent four seasons with the senior team. The Nigerian international joined Everton from Arsenal for a fee of about $45 million in the summer of 2019. Iwobi won the FA Cup and two Community Shields with the Gunners. The Nigerian international has scored six goals in 80 appearances for Everton.
Alex made his international debut for Nigeria in 2015 although he started as a youth international for England. The Everton player has scored nine goals in 53 appearances for the Super Eagles. Iwobi scored the winning goal against Zambia to secure a spot for the Super Eagles in the 2018 World Cup. He was featured in the 2018 World Cup as Nigeria was knocked out in the group stage.
Iwobi played for the Super Eagles in the 2019 Africa Cup of Nations. The Nigerian international was sent off in the Round of 16 of the 2021 Africa Cup of Nations as the Super Eagles suffered a 0-1 defeat to Tunisia.
Alex Iwobi currently plays for Everton and earns $68,000.
Victor Moses – Midfielder, Spartak Moscow – $56,000
Victor Moses was a popular player amongst Nigerian fans after he played a huge role in Chelsea’s Premier League triumph during the 2016-17 season. The Nigerian international started his club career in Crystal Palace before joining Wigan in 2010. Chelsea signed Moses in the summer of 2022 from Wigan. Moses went on loan to Liverpool, Stoke City and West Ham United before returning for the 2016-17 season.
The Nigerian international was converted to a right wing-back under Antonio Conte as Chelsea won the league. Moses was later loaned out to different teams such as Fenerbache, Inter Millan and Spartak Moscow. The latter club signed the player on a permanent basis in July 2021. Victor Moses scored 18 goals in 128 appearances while playing for Chelsea. He won the Premier League, FA Cup and two UEFA Europa League titles with the Blues.
Victor Moses scored 12 goals in 37 appearances for the Nigeria national team. The Spartak Moscow player was an important player in Nigeria’s 2013 Africa Cup of Nations triumph. Moses featured for the Super Eagles in the 2014 World Cup and the 2018 World Cup where he scored a goal in the 1-2 defeat to Argentina.
Victor Moses currently plays for Spartak Moscow and earns $56,000.
Moses Simon – Winger, Nantes – $40,000
Moses Simon was Nigeria’s best player during the 2021 Africa Cup of Nations. The Nigerian international started his senior club career with AS Trencin in 2014 where he scored 17 goals in 39 appearances before joining Gent in 2015. Moses scored 21 goals in 136 appearances with Gent as he spent four seasons at the club before joining Levante. The Nigerian international won the Belgian Pro League and Belgian Super Cup while in Gent.
Moses joined Levante on loan for the 2019-20 season with an option to buy. The deal was made permanent the following season as he signed a four-year deal. Moses has scored 17 goals in 85 appearances for Nantes.
Simon made his debut for the Super Eagles in 2015 against Uganda. He has scored six goals in 45 appearances for the national team. Simon represented Nigeria during the 2019 Africa Cup of Nations and the 2021 Africa Cup of Nations.
Highest paid Nigerian footballer FAQ
Who is the highest-paid footballer in Nigeria?
Odion Ighalo is the highest-paid Nigerian footballer. Ighalo joined Al Shabab from Shanghai Shenhua in January 2020 where he was being paid $402,000. The Nigerian international was the first player to play for Manchester United after he took a pay cut and received $200,000 to join the club on loan.
The Nigerian international was paid $170,000 in Al Shabab, and he is thought to stay in the same salary range in his new Saudi club, Al-Hilal, which he joins after the AFCON 2021.
Who is the richest Nigerian football player overall?
John Obi Mikel is the richest Nigerian footballer with a net worth of about $57 million. The Nigerian international is one of the greatest footballers in the country’s history. Mike Obi made his fortunes while playing for Chelsea in the Premier League. He spent 11 seasons at Chelsea where he scored six goals in 372 appearances for the club. Mikel won two Premier League titles, one UEFA Champions League, one UEFA Europa League, three FA Cup, one English Football League Cup and one FA Community Shield during his time at Chelsea.
Mikel Obi is currently a free agent after his contract with Kuwait SC was terminated just four months after joining the club.
Who is the most expensive footballer from Nigeria?
Victor Osimhen is the most expensive Nigerian footballer. Osimhen joined Napoli from Lille for a fee of about $80m in 2020 after scoring 18 goals in 38 appearances for the French club. The Nigerian international has scored 19 goals in 45 appearances for Napoli. Osimhen is being paid $110,000 per week in Napoli.
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