LSLGA fees are material and NGN-denominated. A sports betting licence attracts an application fee of NGN 1m, a licence fee of NGN 100m and an annual renewal of NGN 50m, plus a 2.5% levy on sales revenue. An online casino licence is NGN 50m with NGN 10m renewal and a 10% monthly gaming tax on sales less winnings, plus NGN 20,000 per gaming machine annually. Discretionary fees can reach NGN 25m. FSGRN URC charges NGN 100m per category per annum from 2026 (2025 waived for NLRC transitioners). Minimum share capital is NGN 30m (Nigerian) / NGN 100m (foreign involvement). FLAG: all EUR equivalents are volatile due to NGN currency instability.
Jurisdictions › Nigeria › Licence fees
Nigeria · Question 04 of 11
Licence fees: What do the licences cost?
Mixed · Probable · Not reviewed · 3 post-review updates · Not reviewed · Back to full Nigeria report →
Key section parameters
| Jurisdiction | Nigeria (NG) |
|---|---|
| Regulator | Recorded in register |
| Favourability | Mixed |
| Confidence | Probable |
| Review status | Not reviewed · 3 post-review updates · Not reviewed |
| Last collected | 18 Oct 2026 |
Summary answer
LSLGA fees are material and NGN-denominated. A sports betting licence attracts an application fee of NGN 1m, a licence fee of NGN 100m and an annual renewal of NGN 50m, plus a 2.5% levy on sales revenue. An online casino licence is NGN 50m with NGN 10m renewal and a 10% monthly gaming tax on sales l…
Not reviewed Information added after the 25 Jul 2026 expert review — published for currency and labelled not reviewed.
The cost-to-operate picture in Nigeria shifted materially with the Federation of State Gaming Regulators of Nigeria's introduction of a flat 11 per cent tax on Gross Gaming Revenue across lottery, sports betting and casino categories, effective 1 January 2026 and applied uniformly across FSGRN member states. This uniform rate layers atop, rather than replaces, existing state-level tax rules, such as Lagos's 2.5 per cent monthly gaming tax on sales revenue, meaning operators active in Lagos face combined fiscal exposure rather than a single clean national rate. Licensing fees add a further and substantial layer: Lagos's online casino licensing route carries a five million naira application fee, a 150 million naira approval-in-principle licence fee, and a 100 million naira annual renewal fee. Taken together, the fiscal and fee structure represents a moderate-to-elevated compliance lift for a new entrant, with the FSGRN uniform tax functioning as a genuine cross-state harmonising step even as it adds to, rather than simplifies away, existing state-level charges.
The cost-to-operate picture in Nigeria shifted materially this cycle with the Federation of State Gaming Regulators of Nigeria's introduction of a flat 11 per cent tax on Gross Gaming Revenue across lottery, sports betting and casino categories, effective 1 January 2026 and applied uniformly across FSGRN member states. This uniform rate layers atop, rather than replaces, existing state-level tax rules, such as Lagos's 2.5 per cent monthly gaming tax on sales revenue, meaning operators active in Lagos face combined fiscal exposure rather than a single clean national rate. Licensing fees add a further and substantial layer: Lagos's online casino licensing route carries a five million naira application fee, a 150 million naira approval-in-principle licence fee, and a 100 million naira annual renewal fee. Taken together, the fiscal and fee structure represents a moderate-to-elevated compliance lift for a new entrant, with the FSGRN uniform tax functioning as a genuine cross-state harmonising step even as it adds to, rather than simplifies away, existing state-level charges.
The cost of operating in Nigeria's leading sub-national gambling market rose materially this cycle. Lagos State's revised 2026 fee schedule imposes a NGN5,000,000 application fee, a NGN150,000,000 licence fee payable on Approval-in-Principle, and a NGN100,000,000 annual renewal fee. Layered onto this licensing cost is a 5% withholding tax on all player winnings, which the Lagos State Lotteries and Gaming Authority began actively enforcing from February 2026, with the remittance burden falling on the licensee. The fee schedule carries Probable confidence and fragile durability, reflecting its administrative rather than statutory basis; the withholding-tax enforcement finding is likewise Probable, resting on a single lower-tier source. Together these figures represent a materially higher cost floor for Lagos-licensed operators than previously documented.