NATIONAL GAME WILL IMPACT EVERY SECTOR OF THE ECONOMY -DG NLRC By Ngozi Aneke Director General of the National Lottery Regulatory Commission (NLRC), Mr. Lanre Gbajabiamila has assured Nigerians that; revenue generated from the newly launched National Game would go a long way in positively impacting every...
NLRC AND NCC Renews Memorandum of Understanding (MoU) to Strengthen Collaborations Towards Inter-Agency Synergy and Revenue Generation By Chinyere Odinukwe [caption id="attachment_2959" align="alignleft" width="500"] NLRC DG_NCC EVC_MOU[/caption] Efforts of the National Lottery Regulatory Commission (NLRC) to strengthen its regulatory functions and generate more revenue received a boost recently...
KYC, Data Security and Compliance Metrics in the Nigerian Gaming Industry[/caption]
The Nigerian gaming industry has experienced exponential growth over the years and the sector remains a multi-billion market, generating revenue for the Government; creation of employment opportunities; and attracting foreign investment.
As an evolving and dynamic industry, it is essential that the policies and regulations are in tandem with the evolution of Gaming. Velex Advisory; a compliance and Advisory firm with immense experience in West Africa, seeks to bridge the gap between existing regulations; compliance with laws and the assessment of the implication of enforcement of these laws on gaming operations in Nigeria.
Velex aims to bring together key stakeholders in the industry to discuss the framework in Nigeria and how it may affect the future and evolution of Gaming. We understand the challenges faced by these operators and remain hopeful that this forum will address prevalent issues in the industry and provide an avenue to seek solutions to these issues.
At the core, we in Velex remain focused on the growth and sustainability of gaming operations in Nigeria as the interest of every stakeholder and operator matters.
Lottery Regulation: FG wins Court case to be Sole regulator [caption id="attachment_1262" align="alignleft" width="368"] Director-General-Mr-Lanre Gbajabiamila[/caption] The National Lottery Regulatory Commission under the leadership of Lanre Gbajabiamila has recorded yet another success story. The Federal Government (The National Lottery Regulation Commission and The National Lottery Trust fund) has...
NLRC LAUNCHES THE LONG-AWAITED NATIONAL GAME - It will positively impact the lives of Nigerians - Speaker - National Game will increase FG’s revenue, create more jobs, and fund, good causes - DG NLRC [caption id="attachment_2019" align="aligncenter" width="539"] Speaker, House of Representatives, Rt. Hon Femi Gbajabiamila ( c)...
Ghana NLA to Participate in Launch of Nigeria National Game Celebrates 60th Anniversary December Terminates Agreement with Western Lotto The National Lottery Authority of Ghana has confirmed participation in the forthcoming launch of the Nigeria National Game slated for July 18, 2022, in Abuja. [caption id="attachment_1953" align="aligncenter"...
MAKE US PROUD, NLRC DG TASKS ORBITAL LOTTERY AND AFRICLICK LIMITED The Director-General of the National Lottery Regulatory Commission (NLRC), Mr. Lanre Gbajabiamila has charged new entrants – Orbital Lottery & Gaming Limited and Africlick Limited (trading as Win Sapa) to attain significant height while operating...
NLRC ISSUES LICENSE TO KIBOBET The Director-General, National Lottery Regulatory Commission Mr. Lanre Gbajabi-amila, has described the Nigerian gaming industry as a vibrant economic option in the quest for financial diversification in the country. He made this assertion at the commission’s headquarters, Abuja, while presenting sports betting...
NLRC, NCC SEEK REACTIVATION OF MOU In a bid to strengthen its regulatory functions within the fast-growing lottery/gaming industry in Nigeria, and further generate revenue for the country, the Director-General, National Lottery Regulatory Commission NLRC Lanre Gbajabiamila has called for the review of a four-year Memorandum...
WHEN WOMEN RISE, EVERYONE RISES: DG NLRC The Director-General, National Lottery Regulatory Commission, Mr. Lanre Gbajabi-amila has commended the invaluable contributions, hard work and support of the all-female staff of the Commission in a bid to move the Commission to great heights. [caption id="attachment_1899" align="alignnone" width="500"] The...