NiajaLottery introduces Blockchain lottery, pioneer Quanta as new investor

International Lottery and Gaming Limited (ILGL), trade-named NaijaLottery, has signed contracts to introduce Quanta, the world’s first licensed blockchain lottery, as new investor, concluded the world’s first deal to see an important synergy of traditional and blockchain lottery.

ILGL is one of the largest gaming companies in Nigeria, and has been granted a Grade A National License from the National Lottery Regulatory Commission to offer lottery games throughout Nigeria.

Under the agreement, Quanta and ILGL will combine forces to apply blockchain technology to revitalize the traditional lottery, and to act as a platform to further strengthen growth in African market.

The partnership is a major development in the penetration of blockchain technology into traditional business models.

NaijaLotteryTM sells National Lottery tickets in every city and state, offering large prizes to winners. The company is committed to implementing the highest international standards of responsible gaming, protecting minors and discouraging addictive playing. ILGL employs best-in-class technology and related services.

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Quanta is the first fully licensed blockchain lottery in the world. Developed on the breakthrough Ethereum blockchain technology, Quanta transforms conventional lotteries for the better, revolutionizing the gaming industry. Its blockchain-based lottery games are fully certified to ensure utmost trust and transparency for the players and the regulators.

“Now is the time to build on the momentum of the traditional Nigerian lottery market. Together, we will continue to build a safe and trustful platform that ensures fairness and transparency, while offering amazing functionality to players and helping to boost the local economy, creating an even more compelling experience to optimize lottery playing for the 200-million Nigerian market,” Charbel Saadeh, Managing Director of Naija Lottery said.

Kostas Farris, Chief Technology Officer (CTO) and Director of Quanta, commented on the partnership, “This is a profound opportunity to bolster the rapidly-evolving lottery business. We are confident that we can make blockchain lottery popular and this partnership represents a significant base for Quanta to target other emerging markets centered in Africa.”

The Nigeria lottery industry has undergone strong growth in recent years and is considered as one of the most lucrative business opportunities in the world. It is a major source of wealth distribution in the country.

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.