Nigeria Implements Real-Time “Transaction Tax” on Sports Betting

As of today, April 23, 2026, the Federal Inland Revenue Service (FIRS) of Nigeria has officially integrated its new automated tax system with all licensed online sportsbooks. This “Real-Time Transaction Tax” deducts a 5% levy directly from each winning bet at the moment of payout. While the government expects this to generate an additional $400 million annually to fund national infrastructure, major operators warn that the move might drive price-sensitive bettors toward unregulated black-market platforms.

Leave a Reply

Your email address will not be published. Required fields are marked *