The guidelines were announced at a sensitisation workshop in Lagos, organised by Azare Consulting Limited in partnership with the Association of Nigerian Bookmakers (ANB).
Themed “Driving Compliance, Enabling Growth: Understanding NOTAP’s New Directives for the Gaming Sector”, the event brought together regulators, operators, technology providers, and policy experts.
Focus on National Interest
Delivering the keynote, Dr. Barrister Lady Obiagelli Amadiobi stressed the importance of aligning foreign technology inflows with Nigeria’s national interest.
“The gaming industry is, at its core, a technology industry. It thrives on software engines, complex codes, cloud infrastructure, and digital payment systems—much of which involves agreements with foreign operators. NOTAP’s role is to ensure these technologies are acquired and adapted within the framework of our national growth and competitiveness,” she said.
The Three New Directives
NOTAP’s reforms focus on three key areas:
Mandatory Registration of Technology Transfer Agreements (TTAs)
Local Content Development
Intellectual Property Protection
Industry Reactions
According to Chibuzor Fagbule, General Manager of Azare Consulting Limited, the directives will bring clarity and strengthen the foundation of Nigeria’s rapidly growing gaming market.
“The sector has grown rapidly over the last decade, driven by innovation, foreign partnerships, and rising demand. But as with every growth industry, regulations must evolve,” Fagbule noted.
He added that the industry’s heavy dependence on foreign technology, from betting platforms to payment systems, makes regulatory oversight essential.
“This reliance makes oversight indispensable. The Central Bank of Nigeria and NOTAP’s intervention has been a long time coming. Their role is to ensure that the sector remains compliant, transparent, and beneficial to both local operators and the economy.”
What It Means for Operators
Industry players say that compliance with NOTAP’s directives could help operators:
Gain access to the official CBN forex window
Build stronger partnerships with foreign technology providers
Support long-term sustainable growth
Nigeria’s gaming industry generated $249 million in 2021, with mobile gaming as the main driver. With stronger regulatory oversight and continued growth in demand, stakeholders are optimistic the industry can overcome its challenges and achieve its $1 billion target by 2028.
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