National Lottery Commission reiterates transparency in gaming industry

The National Lottery Regulatory Commission (NLRC) on Monday said it has unveiled a series of reforms aimed at ensuring greater transparency and compliance to raise standards in Nigeria’s gaming industry.

The Oyo State Coordinator, National Lottery Regulatory Commission, Dr. Kayode Ojoogun, stated this during the Save and Win Promo held by a new generation institution, Parallex Bank in Ibadan.

He noted that the live draw was conducted with full regulatory oversight, that featured an engaging atmosphere as customers eagerly awaited their chance to win.

Dr. Ojoogun commended the bank for its commitment to maintaining integrity and fairness in its promotions.

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He said, “Parallex Bank’s commitment to transparency is clear, and it’s rewarding to see such a positive impact on customers’ lives. This initiative sets an exemplary standard for others in the banking sector.”

The Head of Products at Parallex Bank, Abdulazeez Arogundade also spoke about the significance of the promo, emphasizing the bank’s mission to help customers achieve financial independence.

“Our goal with the Save and Win Promo is to inspire financial discipline and make millionaires out of our customers. This is not just about giving away cash—it’s about helping people build a better future.”

The event was also witnessed by Aboluwade Margaret, the South West Zonal Coordinator of the Federal Competition and Consumer Protection Commission (FCCPC).

The highly anticipated event saw lucky winners walk away with life-changing prizes, with Oluwaseun Fadare emerging as the grand prize winner of N1 million.

Over 20,000 eligible account holders nationwide participated in the promo, which is part of the bank’s ongoing effort to encourage a culture of savings and financial empowerment across Nigeria.

NIGERIAN TRIBUNE