E-Business
How to Fund Merrybet Account: Money Deposit Options

How to Deposit Money to Merrybet: Guide on Account Funding
A regular punter in Nigeria would have come across Merrybet as it continues to be one of the top betting sites in Nigeria. Established in 2013, the betting site has successfully been a figure in the country’s betting industry. The online bookmaker is a legitimate place to wager as it is fully licensed and regulated by the Lagos State Lotteries Board.
Merrybet sportsbook furnishes its clients with different techniques to support their accounts through their mobile site or the desktop version. It offers one of the best user interfaces in the Nigeria betting industry too.
“Merrybet provides their users different sorts of competition such as the punters league where you can win major cash prizes. Surprisingly, that’s not all: they offer a colossal jackpot where bettors predict a few sporting events and win prizes. The bettings site has a live betting option as well as a cash-out feature. All you need to enjoy all this is to just create an account and take part in the competition”, comments Dipo Lukman, a sports betting expert at Takebet Nigeria.
Let’s examine the different choices to deposit to the Merrybet account in this article!
What are deposit methods in Merrybet?
One special thing about Merrybet is they offer different options for funding their wallets. This set them truly apart from other betting sites in the industry. Bettors can either fund their wallets online or visit the nearest bank. Some of the options available are described below.
Instant Bank Transfer. This deposit strategy expects punters to go to specific banks suggested on the Merrybet store page. Customers ought to then demand a bank deposit slip and fill the deposit slip appropriately. The customer’s Merrybet account deposit will be acknowledged when their details are checked.
Pay direct Nigeria Deposit. This deposit strategy helps Merrybet customers to deposit money to their Merrybet account straightforwardly from their local banks. Customers ought to pay into Merrybet’s account on the Pay direct platform. Deposit into the customer’s Merrybet account will be finished when their deposit into the Pay direct account is effective and checked.
GlobalPay Deposit. This Merrybet deposit method expects clients to be signed into a Merrybet account and afterwards make a deposit with their credit card. This deposit technique must find success assuming the name on the credit card matches the name enlisted to the Merrybet account.
Quickteller ATM Nigeria Deposit. This is another Merrybet deposit strategy that expects customers to sign in on to quickteller.com/merrybet or by depositing a Quickteller on an ATM. The customer’s ID number and bank card are the prerequisites for this Merrybet deposit technique.
Bettors should insert their bank cards into the ATM and then provide their PIN.
- Put your card into an ATM and enter your pin
- Choose “Quickteller”
- Select pay bill and then press “Other.”
- Input your Customer ID and verify the recipient’s name.
- Click on “accept amount due”.
- Enter your phone number with which you’ll receive a confirmation message.
- Click on “proceed”. Your funds will enter your wallet and you can wager with it.
GTCollections Nigeria Deposit. This sort of Merrybet deposit strategy empowers Merrybet customers to deposit into their Merrybet account through GTBank’s Internet platform. GTBank’s web-based store strategy is likewise referred to as GTCollections. It is one of the astonishing features that was recently added to the Merrybet platform. It assists bettors with putting funds into their Merrybet account effortlessly. For this deposit method, a token device is required before transactions are finished.
Paystack Card Deposit. This deposit technique expects bettors to sign in to their Merrybet account and the amount they desire to deposit. The following page will take you to Paystack’s page where you can deposit to your Merrybet account. Input the expected information to finish the deposit process.
Paystack Bank Deposit. This Merrybet store technique expects bettors to pay to the Merrybet account on the Paystack stage. Punters ought to give fundamental identification details and the amount they would like to deposit to their Merrybet account. For security check, an OTP (One Time Password) will be sent to conclude the transaction.
Agent Deposit. This deposit method on the Merrybet platform expects clients to put aside instalments using a licensed Merrybet Agent. The procedure to follow is to go to any certified Merrybet agent and inform them that you might want to deposit to your Merrybet account. Furnish them with the necessary data and a few individual information will be required to confirm the transaction. In practically no time, the transaction will be finished and your Merrybet account will be credited.
Funding your wallet is a big step towards wagering on the betting site. Sadly, Merrybet does not offer any sign-up bonus so after funding your wallet you can just wager on your favourite sport. There are other competitions such as the Merrybet punters league. To take part in the competition, all you need to do is to place a stake with 200 NGN on an accumulator with three or more games and you stand a chance to win.
Do you need to finish KYC verification before funding?
Verification assists Merrybet with making a one-of-a-kind profile for each Merrybet client. Before clients can effectively set up their Merrybet account, a check strategy is taken to stay away from any type of misrepresentation. Any type of doubt of malignant movement will expose the client’s record to suspension.
The KYC (Know Your Computer) is another type of confirmation that is embraced to assure the security of Merrybet clients’ assets. This safety measure makes it simple for Merrybet to sort out any false movement.
For completion of your KYC, there is address verification and identity verification. The latter requires either a passport, an identification card or a driver’s licence. Address verification is also required which needs you to confirm your address of residence. You can either submit your bank statement or utility bill that’s not less than six months.
Are there terms and conditions when funding an account?
Yes, there are Terms and Conditions bettors must follow to deposit their funds easily. Some of the Terms and Conditions punters must follow include:
- Punters should deposit cash to their Merrybet account before they can stake.
- Punters can’t set aside instalments and make solicitations to pull them out.
- Punters ought to guarantee they follow the prescribed deposit methods to try not to be defrauded.
- Punters ought to guarantee that their security information is kept classified. Neither deposit details nor withdrawal data ought to be unveiled for any reason.
- Clients are urged not to utilise any Automatic Password Memory to not uncover their security details from an outsider. Merrybet won’t be considered answerable for any type of abuse of data.
What are the commissions and timelines of deposits?
Deposits on the bookmaker are quite fast as it takes minutes for it to reflect. The Commission depends on the option you are using for your payment. For Quickteller transactions whether through ATM or online are mostly free although the minimum amount for transactions is 500 NGN.
Instant bank payout commission is mostly the transaction fee charged by the bank which can vary. Pay Direct on the other hand has a service charge of 100 NGN. Before making use of any of the options, make sure you go through their terms and conditions to see if they charge additional fees for deposition. Be smart and bet safe!
E-Business
Access Holdings, Coronation Partner Tate Modern to Spotlight Nigerian Modernism

Access Holdings Plc and Coronation Group have partnered with Tate Modern to commemorate World Art Day with a virtual session highlighting the global significance of Nigerian modernism.

Access Holdings
The event, titled “In Conversation with Osei Bonsu: Inside Nigerian Modernism,” featured a virtual tour of the Nigerian Modernism exhibition and discussions on the evolution of modern art in Nigeria.
The session brought together staff members across both organisations, reflecting growing institutional engagement with arts and culture as a driver of societal development.
Speaking at the event, Chief Communications and Marketing Officer of Coronation Group, Ngozi Akinyele, emphasised the role of art in shaping identity and national development.
She said that beyond financial capital, cultural and intellectual capital are essential in defining a nation’s prosperity and inspiring dialogue.
Akinyele noted that both organisations were committed to democratising access to art, ensuring it is accessible to a wider audience rather than a select few.
The discussion also featured insights from Tate Modern Curator, Osei Bonsu, and art expert Daniel Wallis, who examined the development of Nigerian modernism and its global relevance.
Bonsu said Nigerian modernism represents an independent reimagining of global art, rooted in the country’s diverse cultural heritage and expressed through unique visual languages.
According to him, the movement challenges narrow, Eurocentric definitions of modernism and highlights the richness of African artistic expression.
The session further underscored the growing international recognition of Nigerian art, particularly through exhibitions at Tate Modern.
Participants also reflected on the visit of Bola Ahmed Tinubu to the exhibition, described as a milestone in promoting Nigeria’s cultural heritage globally.
In his closing remarks, Chief Communications Officer of Access Holdings, Amaechi Okobi, reaffirmed the organisation’s commitment to advancing African narratives on the global stage.
He said the collaboration with Tate Modern aligns with broader efforts to promote dialogue, preserve cultural identity and support the creative sector.
The event reinforced a shared commitment by Access Holdings, Coronation Group and Tate Modern to elevate African art globally and ensure Nigerian cultural narratives continue to shape international conversations.
E-Business
NDPC Issues Critical Advisory as Hackers Target Nigeria’s Key Digital Systems

Nigeria Data Protection Commission (NDPC) has issued a regulatory advisory to data controllers and processors across the country following what it described as escalating threats to Nigeria’s data security architecture.

NDPC
In a statement signed by Babatunde Bamigboye, lead of Legal, Enforcement and Regulations, the commission said its technical assessment revealed that some shadowy threat actors were engaged in coordinated operations targeting financial systems and critical digital infrastructure in Nigeria.
The commission urged public institutions to comply with the presidential directive of Bola Ahmed Tinubu, which emphasises the strategic importance of data in national development.
According to the NDPC, the President had declared that “data is the new oil,” stressing the need for Ministries, Departments and Agencies (MDAs) to rigorously capture and safeguard information in line with the Nigeria Data Protection Act, 2023.
The commission therefore advised all data controllers and processors to urgently strengthen their technical and organisational measures to protect personal data and ensure compliance with the law.
It listed key measures to include the appointment of trained and certified Data Protection Officers, implementation of comprehensive privacy policies and information security standards, as well as conducting Data Privacy Impact Assessments.
Other measures recommended by the NDPC include deployment of robust identity and access controls such as Multi-Factor Authentication, adoption of zero-trust security architecture, prompt remediation of system vulnerabilities, and continuous patch management.
The commission also emphasised the need to secure cloud infrastructure, application programming interfaces (APIs), databases and access credentials, alongside real-time monitoring, logging and threat detection systems.
Further recommendations include encryption and secure credential handling, regular vulnerability assessment and penetration testing of critical systems, as well as routine backup and resilience testing.
The NDPC warned that organisations that fail to implement appropriate data protection measures in accordance with the Nigeria Data Protection Act, 2023 risk legal liabilities.
It reiterated its commitment to providing regulatory support to organisations while ensuring the protection of personal data and strengthening institutional resilience across all sectors.
E-Business
Africa’s Forex Market in 2026: Key Trends Every Trader Should Watch

The forex market across Africa is witnessing more participants and more regulatory attention than it did just a few years ago. This growth is part of a bigger picture: Sub-Saharan Africa is expected to expand by 4.3% in 2026, while global forex turnover already hit an estimated $9.6 trillion daily in April 2025. However, there’s more to it than macroeconomic figures.

The trends reshaping the market are happening from within. Here are six worth paying close attention to.
1. Trading Has Moved to the Phone
The number of people accessing the market via mobile phones exceeds those accessing it via traditional bank systems. GSMA states that in Sub-Saharan Africa alone, there are more than 1.1 billion registered mobile money accounts.
The International Monetary Fund states that digitalisation and increased usage of the internet are changing payment systems in the Sub-Saharan Africa region.
Mobile access changes traders’ behavior. It lowers the barrier to entry and speeds up deposits and withdrawals. Therefore, brokers who can provide a quality mobile trading experience will have a huge advantage.
2. Regulators Are Watching
The market is becoming more structured and more transparent. In South Africa, the FSCA regulates market conduct for financial institutions. In Kenya, the Capital Markets Authority regulates capital markets and maintains a licensing system that includes online forex brokers.
Nigeria’s SEC has publicly warned that online retail forex trading can be subject to abuse when unregulated. It also provides tools for investors to check operators’ registrations.
As a result, in 2026, more traders are likely to favour brokers that can show clear licensing, transparent operations, and stronger investor safeguards.
3. Volatility Varies by Country
A common mistake is perceiving the African market as one entity. In reality, according to RegTech Afrika, there are 21 countries out of a total of 54 that have a chance of seeing their currencies depreciate in 2025, with some of them losing value by as much as 6% or more.
A trader watching the rand, naira, shilling, or cedi, regional headlines needs more than regional headlines. Country-level macro data, central bank moves, and the US dollar will still play a major role.
4. Cross-Border Payment Infrastructure Is Quietly Improving
Platforms like PAPSS are helping make payments across African countries faster and easier to complete in local currencies. According to official announcements of PAPSS, it has become operational in 18 countries across Africa, with its latest launch in Algeria in 2025. It has also become operational in Kenya through a partnership with KCB Group, as well as in Rwanda through a partnership with Bank of Kigali.
Step by step, Africa is becoming a more financially connected continent.
5. Execution Quality Is the New Standard
Data from the BIS shows that in April 2025, three-quarters of FX trades were intermediated by the global centers of the United Kingdom, the United States, Singapore, and Hong Kong. Therefore, the best liquidity and best prices are still linked to global conditions.
For local markets, this raises the bar. Forex traders are becoming increasingly aware that tight spreads, while important, mean little without reliable prices and execution. Brokers like JustMarkets that can bring all of these elements together are in a much stronger position than competitors.
6. Education as a Necessity
Regulatory disclosures from major global brokers illustrate how tough it is to trade without proper knowledge. According to publicly available disclosures, between 70% and 80% of retail investor accounts lose money when trading CFDs.
Forex traders who understand risk management and which financial news to follow have a better chance of surviving the market. Brokers who invest in education are more likely to be seen by traders as valuable partners rather than mere facilitators.
The Market Rewards the Prepared
Africa’s forex market in 2026 is shaped by volatility, stricter rules, and mobile-first trading. The traders who combine market knowledge with the right tools and the right broker will find real opportunity here, while those who don’t adapt will find the market increasingly unforgiving.
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