In a statement signed by Dr. Ayo Ojuroye, the managing director/CEO, KC Gaming Networks, the gaming giant categorically denied owing the Enugu State Government any legitimate fees, levies, or taxes.

The company described its relationship with the state as historically transparent, noting that it has functioned as a “model corporate entity” for over a decade.

Key Clarifications from Bet9ja:

No Outstanding Liabilities:

Bet9ja maintains that it is not in arrears regarding Gross Gaming Revenue (GGR) remittances, license fees, or taxes. The company insists that its financial obligations to the Enugu State Gaming and Lotto Commission are fully discharged up to date.

Resistance to “Stampede” Levies:

The company suggested that the current friction stems from a refusal to pay arbitrary levies. “Our organization will not be stampeded into paying levies/taxes it does not generate from Enugu State to the Gaming and Lotto Commission or any agency of Government,” the statement read.

Failed Mediation:

Before the enforcement action on February 9, 2026, Bet9ja revealed it had engaged in multiple rounds of dialogue with both the Commission and the Enugu State Internal Revenue Service (ESIRS).

However, these engagements failed to reach a resolution, leading to the current legal impasse.

Commitment to Legal Redress:

While the shutdowns were carried out based on an ex-parte order granted by Justice H.O. Eya of the High Court of Enugu State (Suit No. 6/54/2025), Bet9ja stated it would not be intimidated.

The company plans to contest the order and follow due process to ensure the closures are reversed.

The “12-Year” Track Record

Highlighting its long-term investment in the state, Bet9ja emphasized that it has been a significant contributor to the Enugu economy for over 12 years.

The company assured its agents, partners, and the betting public that it is committed to resolving the issue through the proper judicial channels rather than succumbing to administrative pressure.

“We wish to assure our agents and the public that we will continue to follow due process to ensure justice prevails,” Dr. Ojuroye concluded.

You’ll find the best business opportunity there, with PalmPay being the most rewarding fintech to bank with.

With over 30 million users and 1.1 million businesses, including 600,000 merchants and 500,000 agents as part of its cashless payment ecosystem, PalmPay is a perfect platform for those looking to make money in the digital banking space.

One major reason why PalmPay stands out among other competing brands is that its users can send and receive money seamlessly, pay bills effortlessly, and shop with ease, all while earning discounts and cashback performing these tasks.

In Nigeria’s fintech space, no other brand has these financial offerings, except PalmPay. Data even shows that PalmPay has the highest rating on Google Play store in the fintech space.

This article covers the top six most popular features of the PalmPay app that anyone can use to make money from referrals, betting, cashback and discounts, sales and a distinctive financial offering by PalmPay called the Trial Cash.

1. Refer & Earn

PalmPay’s Refer and Earn feature is a perfect marriage between your contact list and the app’s innovative financial payment offerings. Inviting people you know to register on the PalmPay app and transact can earn you extra good money.

How does it work? When you invite anyone on your contact list using your invite link on the app dashboard, PalmPay pays you for every successful download of the app and transaction that your invites go ahead to make through your referral link.

A fee of N250 is paid to you for every successful referral. You’ll then need to complete five referrals to be eligible to withdraw from your PalmPay wallet for spending from as low as N2,000 and as much as you can earn through successful referrals.

2. Sports Betting

There are several ways to fund your sports betting account, but none comes close to using PalmPay. This UEFA EURO ‘24 season, PalmPay is bringing you an exciting opportunity to win fantastic prizes, including an iPhone 15 Pro and amazing cash rewards in its Bet and Win Big promo in partnership with iLOT, BetWay, BetCorrect, AccessBet and BetKing. Join in the thrill of the tournament while boosting your chances to win big with our special betting deposits campaign.

From June 14th to July 15th, 2024, make your betting deposits and stand a chance to win an iPhone 15 Pro and share in millions of cash prizes.

2. Airtime to Cash

You will agree that converting airtime to cash to earn money is an interesting idea. Do you remember back then when you bought more airtime than you needed and didn’t know what to do with the extra airtime? This feature erases that dilemma.

This feature, the first of its kind by a digital payment platform, enables PalmPay users to convert airtime to cash at ease, following just a few simple steps, after which the money equivalent is credited to their PalmPay wallet for onward spending.

As a PalmPay user, should you ever have extra airtime that you do not intend to use and want cash in exchange, all you have to do is click on the Recharge2Cash icon on the app, select the SIM network, enter the OTP sent to your phone, then select the amount you want to convert to cash and finally click on convert.

3. Cashback & Discounts

PalmPay is big on cashback and discounts. You get rewarded coupons or PalmPoints for almost every transaction on the app, from electricity, airtime and data to cable TV subscriptions. The cashback and discounts are respent on the app.

The cashback and discounts apply for the first five bill payments that you make in a month and range from 15 PalmPoints for your first airtime recharge of N100 to a 2% bonus in PalmPoints when you pay for Cable TV and electricity.

PalmPay offers new users various coupons for them to get cashback and discounts on the bouquet of services available on the app. PalmPay users have the privilege of paying less than the market value for the numerous services on the app.

4. In-app Promotions

Periodically, PalmPay rewards users with various in-app promotions which involve the users undergoing activities. One such is the ongoing 2023 AFCON tournament which PalmPay is partnering with TECNO, StarTimes and Bet9ja.

Users who take part in the PalmPay AFCON Soccer Fiesta stand a chance to share N108 million and win free StarTimes subscriptions, betting coupons and loads of cashback.

Ready to kick off the excitement and make money doing so? Open your PalmPay app now and dive into the AFCON Soccer Fiesta for a chance to win big!

5. Trial Cash

Another first of its kind by any digital payment platform, the Trial Cash is a distinctive reward designed to let you explore the benefits of the app’s flexible savings feature. As with most PalmPay features, this comes with exciting rewards.

The PalmPay Trial Cash is not real money, however, users of the app are rewarded with a spendable daily interest of 16 per cent per annum sent into their wallet, which they can then go ahead and use to perform different transactions on the app.

Users can earn Trial Cash by completing daily tasks on the app such as transferring to a PalmPay wallet or adding money to their wallet from their bank account or agent.

Conclusion

If you plan not only to spend money this 2024 but also make money, there’s no reason why you should use any other digital payment platform for your transactions. PalmPay offers you incentives that no other platform does.

Not using PalmPay for your daily transactions? Go ahead and download the PalmPay app, follow the CBN KYC directive to update the app with your BVN and NIN and continue to perform transactions and make good money.

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PalmPay is a leading Africa-focused fintech platform committed to driving economic empowerment in Africa by offering top-tier products such as money transfers, bill payments, credit services, and savings on its app and mobile money agents.

With over 30 million users and 1.1 million businesses, including 600,000 merchants and 500,000 agents as part of its cashless payment ecosystem, PalmPay is a perfect platform for those looking to make money in the digital banking space.

One major reason why PalmPay stands out among other competing brands is that its users can send and receive money seamlessly, pay bills effortlessly, and shop with ease, all while earning discounts and cashback performing these tasks.

In Nigeria’s fintech space, no other brand has these financial offerings, except PalmPay.

This article covers the top five most popular features of the PalmPay app that anyone can use to make money from referrals, betting, cashback and discounts, sales and a distinctive financial offering by PalmPay called the Trial Cash.

1. Refer & Earn

PalmPay’s Refer and Earn feature is a perfect marriage between your contact list and the app’s innovative financial payment offerings. Inviting people you know to register on the PalmPay app and transact can earn you extra good money.

How does it work? When you invite anyone on your contact list using your invite link on the app dashboard, PalmPay pays you for every successful download of the app and transaction that your invites go ahead to make through your referral link.

A fee of N250 is paid to you for every successful referral. You’ll then need to complete five referrals to be eligible to withdraw from your PalmPay wallet for spending from as low as N2,000 and as much as you can earn through successful referrals.

2. Sports-Betting

There are several ways to fund your sports betting account, but none comes close to using PalmPay. The app is integrated with major sports betting apps such as Bet9ja, BetKing, SportyBet, iLotBet and so on. You’ll be getting safety bonuses, no extra fees, ease of use, and many more incentives.

When you fund your betting wallet through PalmPay’s user-friendly interface, there are no unexpected charges. PalmPay does not charge you an additional fee, instead every penny that you deposit into your wallet goes towards your bets.

Also, you don’t only get the special bonuses and promotions that the major betting apps offer to PalmPay users, but you can rest assured that your funds are secured, courtesy of PalmPay’s advanced encryption and fraud prevention systems.

3. Airtime to Cash

You will agree that converting airtime to cash to earn money is an interesting idea. Do you remember back then when you bought more airtime than you needed and didn’t know what to do with the extra airtime? This feature erases that dilemma.

This feature, the first of its kind by a digital payment platform, enables PalmPay users to convert airtime to cash at ease, following just a few simple steps, after which the money equivalent is credited to their PalmPay wallet for onward spending.

As a PalmPay user, should you ever have extra airtime that you do not intend to use and want cash in exchange, all you have to do is click on the Recharge2Cash icon on the app, select the SIM network, enter the OTP sent to your phone, then select the amount you want to convert to cash and finally click on convert.

4. Cashback & Discounts

PalmPay is big on cashback and discounts. You get rewarded coupons or PalmPoints for almost every transaction on the app, from electricity, airtime and data to cable TV subscriptions. The cashback and discounts are respent on the app.

The cashback and discounts apply for the first five bill payments that you make in a month and range from 15 PalmPoints for your first airtime recharge of N100 to a 2% bonus in PalmPoints when you pay for Cable TV and electricity.

PalmPay offers new users various coupons for them to get cashback and discounts on the bouquet of services available on the app. PalmPay users have the privilege of paying less than the market value for the numerous services on the app.

5. In-app Promotions

Periodically, PalmPay rewards users with various in-app promotions which involve the users undergoing activities. One such is the ongoing 2023 AFCON tournament which PalmPay is partnering with TECNO, StarTimes and Bet9ja. Users who take part in the PalmPay AFCON Soccer Fiesta stand a chance to share N108 million and win free StarTimes subscriptions, betting coupons and loads of cashback.

Ready to kick off the excitement and make money doing so? Open your PalmPay app now and dive into the AFCON Soccer Fiesta for a chance to win big!

6. Trial Cash

Another first of its kind by any digital payment platform, the Trial Cash is a distinctive reward designed to let you explore the benefits of the app’s flexible savings feature. As with most PalmPay features, this comes with exciting rewards.

The PalmPay Trial Cash is not real money, however, users of the app are rewarded with a spendable daily interest of 16 per cent per annum sent into their wallet, which they can then go ahead and use to perform different transactions on the app.

Users can earn Trial Cash by completing daily tasks on the app such as transferring to a PalmPay wallet or adding money to their wallet from their bank account or agent.

Conclusion

If your plan is not only to spend money this 2024 but to also make money, there’s no reason why you should use any other digital payment platform for your transactions. PalmPay offers you incentives that no other platform does.

Not already using PalmPay for your daily transactions? Go ahead and download the app, follow the CBN KYC directive to update the app with your BVN and or NIN and continue to perform transactions and make good money while doing so.

The most common form of gambling is football betting. On every street in Lagos, you will certainly find one or two football betting shops. This is where most of the unemployed youths spend their time.

However, betting has been largely influenced by the availability of the Internet. You no longer need to go to shops to bet. One out of 5 Nigerian youths has betting apps installed.  You can do it anywhere as long as you have a smartphone that is connected. Just as people are getting addicted to their smartphones, they also get addicted to betting.

Betja.com is the most prominent football betting site in Nigeria and it is among one the top 10 most visited websites in 2023. There are other betting websites like Surebet.com, and Livebet.com listed among the top 20 websites.

Now, you begin to wonder why these betting platforms have millions of users. One of the factors contributing to the popularity of football betting amongst the youth is the overzealous ambition to get out of poverty and improve their financial situation. This trend is being fuelled by not just the average unemployed youth, but the employed as well. People looking for a way to make money quickly.

In reality, many Nigerians venture into football betting with expectations. Even with their recurrent losses, they still believe that some strings can be pulled out that will land them in financial prosperity. This illusion keeps illuminating until they go bankrupt. It’s an addictive exercise. Yes, there are a few Nigerians that have been lucky enough to win big, but the chances are usually slim.

A 25-year-old Oluseyin Ogundipe told TechEconomy how he crumbled his business worth N1m due to excessive gambling. “It’s not just about Bet9ja, it also includes lotto (Baba Ijebu), but most of my losses came from football betting.”

He explained that it was easy to transfer money to a betting account from a bank app. Many online betting companies have affiliations with banks. The partnership makes it easy for anybody who has a betting account to fund it directly from their bank accounts.

“Those days, you have to go to bet9ja shops and stake, although some people still do it today. But it’s easier now. You have an option to just be inside your house and start staking games.

“The reality is – the more you have an access to it on your phone, the easier you get thrilled to stake a bet. And that is just a recipe for a financial disaster.

According to experts, the majority of casual gamblers stop when they lose or set a limit on how much they are willing to lose. People who have a compulsive gambling problem, on the other hand, are compelled to keep playing in order to recover their money, a pattern that becomes increasingly destructive over time. To obtain gambling funds, some people may resort to theft or fraud.

Some people who have a compulsive gambling problem may go through periods of remission, where they gamble less or not at all. However, without treatment, remission is usually not permanent.

“I have been trying to stop betting but it has become so difficult, even when I get the betting apps uninstalled from my phone,” Uche Johnson, a bike man who lost almost N600k last month said.

Johnson said he has uninstalled his Sportybet app from his smartphone more than three times after losing cumulatively N600k. “It has been tough for me financially. It is not something I would want to recommend to anybody. I think it is good for those with stable financial muscle.”

Emphatically, Gambling addiction is an extremely serious problem that can harm both individuals and their families. It, like any other addiction, can lead to financial difficulties, relationship issues, and mental health issues. Individuals who believe they have developed a gambling addiction must gamble responsibly and seek help.

In conclusion, there is no proven way to prevent a gambling problem, and educational programs that target at-risk individuals and groups may be beneficial.

If you have risk factors for compulsive gambling, you should avoid gambling in any form, as well as gambling-related people and places. Get treatment as soon as you notice a problem to help prevent it from worsening.

The Nigerian government must start pulling people out of poverty through different initiatives, including stimulating the economy. Promoting financial literacy and campaigning against excessive gambling is important.

The notification of the prohibition is contained in a statement co-signed by the Commissioner for Homeland Affairs, Chikodi Anara; the Chairman of the Anambra State Internal Revenue Service, Richard Madiebo; and the Commissioner for Culture, Entertainment, and Tourism, Donatus Onyenji.

The statement claims that the prohibition is a response to a troubling amount of petitions that the government recently received over the manipulation of gaming machines and non-transparency in winnings payments.

It said that the accusations amounted to grave violations of the sector’s international best practices, which the administration led by Governor Chukwuma Soludo would not tolerate.

The statement partly read, “This fraudulent practice will not be allowed to thrive under the watch of Prof Chukwuma Soludo’s administration and therefore must be dealt with immediately.

“Consequently, the Anambra government hereby directs operators of casino games in hotels, restaurants, and bars to suspend all gaming and casino operations with immediate effect pending the conclusion of investigations.”