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Exclusive! Scandal Hits Bet9ja As Betting Company Refuses To Pay N42.153m Winnings; Betting Firm Admits Error

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Popular betting company, Bet9ja, is faced with credibility and image problem as it is being accused of failing to pay over N42 million won by three people who played some of their games.

Thegazellenews.com learnt exclusively that on Saturday, January 9th, 2016, the quartet of: Peter Ayomide, Sobamke Samuel, Akinwusi Funsho and Okunade Tokuwalope staked games on the following coupon/bet slips: B926APZAAQWAA-1143424 with N100; B918APZATPTTC-1143424 with N100; B90APZATRRST-98000 with N100; and B92A4ATCTQS-98000 with N200 respectively.

Thegazellenews.com’s investigation revealed that the games were played at 17:19, 17:28, 17:44 and 17:45 respectively.

At the and each coupon eventually won the following amount of money:  B926APZAAQWAA-1143424 won N2, 193, 501. 94k; B918APZATPTTC-1143424 won N2, 193, 501. 94k; B90APZATRRST-98000 won N12, 588, 793. 72k; and B92A4ATCTQS-98000 won N25, 177, 587. 44k. The total amount won by the quartet was N42, 153, 385. 04k.

The winnings were immediately announced on the data base of KC Gaming Networks, owners of Bet9ja.

However, joy turned to despair for the quartet when Bet9ja fraudulently recalled the winnings it has announced on its database around 12 midnight and 1am of Sunday, January 10th, 2016.

All efforts by the quartet to actualise thier winnings were rebuffed by the management of the betting company.

On Friday, January 22nd, 2016, the quartet through their lawyers: Emawodia and Attorneys, Legal Practitioners and Arbitrators, wrote to the management of Bet9ja, explaining the staking of the game and winnings by the clients attaching all necessary documents proving their case and demands to the betting company.

The letter was signed by Barrister Kayode Oyemakinde.

It took the betting company almost a month to respond to the correspondence from the winning quartet’s lawyer.

In the letter signed by Chuks Emele, Company Secretary and Legal Adviser stated that the winnings could not have been paid because the games on which the quartet of Peter, Sobanke, Akinwusi and Okunade placed their bets have been played before the bets were placed.

According to Bet9ja, “the game in which your clients placed a bet on the 9th of January, 2016 at about 17:19pm, 17:28pm, 17:44pm and 17:45pm had already been played earlier on that same day at about 16:00pm. The kind of bet placed by your Clients is called “Anytime scorer” which means first to score.

“Therefore, as at the time your Clients placed their bet, they already knew the result (and) the names of first scorers”.

The betting company explained further that in view of this, the gaming quartet have contravened one of its cardinal rules under Clause 13 termed as “Palpable Errors” which means “whenever a bet has been erroneously accepted on a market which should have been suspended or removed such a bet is outrightly cancelled.

“You would agree with us that the bets placed by your Clients on the particular game whose results are already known and EVEN IF WRONGLY ALLOWED TO BE PLACED ON OUR NETWORK IS A MISTAKE and therefore cannot be considered a winning bet and based on our Terms and Conditions particularly the paragraph “Palpable Errors” mentioned above, we are right in declining to pay for the bets”.

Ordinarily, the explanation above might have settled the controversy over the payment of the winnings. However further investigation by thegazellenews.com revealed that Bet9ja cannot fully absolved itself from the controversy.

Bet9ja needs to explain why its betting rportal emains opened when the matches on which bettings are being placed have commenced. All over the world, betting portals are closed whenever the kick-off time is up.

Bet9ja also admitted that it made a mistake by allowing the game to be played, so the question is whether the betting quartet should take responsibility for the betting company’s mistake.

Thegazellenews.com further investigation revealed that the protesting quartet were not the only people who placed bets on the game at that particular time. Thousands other people placed bets on the matches at that particular period. Since Bet9ja has admitted mistake in allowing the bets to be placed, is the betting company refunding the betting to thousands who have placed bets on the matches.

Thegazellenews.com can authoritatively revealed that as at 6pm on Friday, June 2nd, 2017, the winning coupons are still on the data base of Bet9ja and described as “bet correctly registered on Bet9ja database” though the winning money has been recalled.

 

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US Tightens Visa Rules: Students, Exchange Applicants Must Make Social Media Accounts Public

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US Tightens Visa Rules: Students, Exchange Applicants Must Make Social Media Accounts Public

US Tightens Visa Rules: Students, Exchange Applicants Must Make Social Media Accounts Public


The United States Mission in Nigeria has announced a new visa requirement mandating that all applicants for F, M, and J nonimmigrant visas must set their personal social media accounts to “public.”

These visa categories are issued to individuals seeking entry into the U.S. for educational and cultural exchange programs—including international students and scholars.

In a post on its official X (formerly Twitter) page on Monday, the U.S. Mission declared that the directive takes immediate effect, stating:

“Effective immediately, all individuals applying for an F, M, or J nonimmigrant visa are requested to adjust the privacy settings on all of their personal social media accounts to ‘public.’”

The U.S. Department of State emphasized that the move is part of its intensified vetting process to verify identities and determine admissibility, particularly to safeguard national security.

“We use all available information in our visa screening and vetting to identify visa applicants who are inadmissible to the United States, including those who pose a threat to U.S. national security,” the statement read.

The policy shift was first announced in June 2025, when the Department of State underscored that applying for a U.S. visa is a privilege, not a right.

“We will conduct a comprehensive and thorough vetting, including online presence, of all student and exchange visitor applicants,” the guidance stated.
“Every visa adjudication is a national security decision.”

The U.S. stressed that this move is to ensure that all applicants are credibly vetted, with proof that they intend to engage only in activities consistent with the terms of their visa and have no intention to harm U.S. interests.

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Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

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*”Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

 

For many Nigerians, the dream of owning a home often feels out of reach, clouded by financial limitations, uncertainty, and broken promises. But for Engr. & Mrs. Taiwo Ademola, that dream has become a beautiful reality, made possible by Adron Homes.

Speaking proudly from the comfort of his newly completed home in one of Adron’s thriving estates in Shimawa, Ogun State, Engr. Ademola shared his joy and fulfillment at finally becoming a landlord.

“When I thought about owning a home, it felt like a far-off dream,” he recalled. “But Adron Homes changed everything. Their flexible installment plan gave me the confidence to start. Today, I stand here as a proud homeowner. For anyone still doubting, Adron Homes is real, and they are here to stay.”

The Ademolas’ new home, now dedicated and celebrated, is a symbol of stability, dignity, and the fulfillment of a long-held dream. Their success story is a powerful reminder of Adron Homes’ mission to make quality, affordable housing accessible to every hardworking Nigerian, regardless of financial background.

In his congratulatory message to the family, Sir Aare Adetola EmmanuelKing, Chairman/CEO of Adron Group, expressed his delight at yet another fulfilled homeowner.

“At Adron Homes, our vision has always been to make home ownership possible for every Nigerian, and I am glad we are living up to this vision” he stated. “Every key we hand over is a step towards fulfilling that vision”.

He welcomed them into the family, describing this feat as the foundation of new beginnings and joyful memories.

Adron Homes has become synonymous with reliability, integrity, and innovation in Nigeria’s real estate sector. With flourishing estates across Shimawa, Lagos, Abuja, Nasarawa, Epe, Badagry, and beyond, the company continues to redefine affordable luxury and accessible home ownership nationwide.

As more Nigerians like the Ademolas proudly unlock the doors to their dream homes, one truth remains undeniable, with Adron Homes, dreams are not just imagined; they are built, one family, one house, one community at a time.

Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

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GTCO Plc Becomes the 1st Financial Services Institution in West Africa to Achieve Listing and Trading of its Ordinary Shares on the London Stock Exchange

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GTCO Plc Becomes the 1st Financial Services Institution in West Africa to Achieve Listing and Trading of its Ordinary Shares on the London Stock Exchange

 

 

Guaranty Trust Holding Company Plc (GTCO Plc), Africa’s leading and most profitable Financial Services Group, has recorded a significant milestone in its growth and expansion journey with the successful admission of its Ordinary Shares to the Equity Shares (International Commercial Companies Secondary Listing) category of the Official List of the Financial Conduct Authority (FCA) and to trading on the main market for listed securities of the London Stock Exchange.

 

This historic achievement makes GTCO Plc, the 1st Financial Services Institution in West Africa to dual list its Ordinary Shares on both the Nigerian and London stock exchanges, and subject to certain criteria, it is expected that the Shares will be transferrable between the two exchanges.

 

The admission follows the successful pricing of its fully marketed offering (The Offering) on the London Stock Exchange to raise gross proceeds of $105million in exchange for 2.29 billion of new ordinary shares in the company, which was supported by a strong book of high-quality, long-term institutional investors.

 

Concurrent with the Offering, the Company also gave notice of its intention to cancel the listing of its existing GDRs on the certificates representing certain securities (depositary receipts) category of the Official List of the United Kingdom Financial Conduct Authority (“FCA”) and the admission to trading of GDRs on the London Stock Exchange’s main market for listed securities.

 

Building on the momentum of the successful first tranche of its equity capital raise programme in July 2024, which secured ₦209 billion, GTCO will deploy the proceeds from the Offering to strengthen its capital base, meet its recapitalization target, and fund strategic expansion across high-growth markets and priority sectors within and outside Nigeria.

 

It is expected that Admission and unconditional dealing in the Shares will become effective on or before 8.00 a.m. (UK time) on 9 July 2025 under the ticker “GTHC”. Following the cancellation of the GDRs listing, the Company intends to change the ticker symbol for the Shares from “GTHC” to “GTCO” and will issue a separate announcement in due course to that effect.

 

Commenting on the LSE Listing, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Mr. Segun Agbaje, said: “Today marks a major milestone—not just for GTCO, but for the future we see for African financial institutions on the global stage.

 

We are incredibly proud to be the 1st Financial Services Institution in West Africa to list our ordinary shares on London Stock Exchange’s main market for listed securities, and even more honored by the trust placed in us by the investing community. For us, this was not just about raising capital. It was about validating the strength of our franchise, the clarity of our strategy, and the discipline with which we execute.”

 

He further said; “I would like to thank everyone who made this possible—our advisors and legal teams, our longstanding shareholders, the regulators both in Nigeria and in the UK, as well as the Nigerian government for creating an environment that supports our bold ambition and vision to be Africa’s leading financial services institution.”

GTCO’s fully marketed offering attracted long-term institutional capital, reflecting investor confidence in the Group’s fundamentals, governance, and strategic outlook.

 

It also signals improving market sentiment, buoyed by ongoing economic reforms by the Federal Government and a return to traditional orthodox monetary policy by the Central Bank of Nigeria, which have gone a long way to stabilising the macroeconomic environment and gradually restoring investor confidence in Nigeria’s long-term prospects.

 

About GTCO Plc
GTCO Plc is one of Africa’s leading financial services institutions with a longstanding track record of strong growth, service excellence, and shareholder returns. The Group operates across banking, payments, asset management, and pension administration in eleven countries, including Nigeria, the UK, and key African markets.

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