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How to Fund Merrybet Account: Money Deposit Options

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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.

  1. Put your card into an ATM and enter your pin
  2. Choose “Quickteller”
  3. Select pay bill and then press “Other.”
  4. Input your Customer ID and verify the recipient’s name.
  5. Click on “accept amount due”.
  6. Enter your phone number with which you’ll receive a confirmation message.
  7. 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!

 

 

 


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Nigeria Police Arrest Okitipi, Nigerian Allegedly Linked to Microsoft 365 Hack

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Okitipi Samuel, a Nigerian man, has been taken into custody by the Nigeria Police Force for his alleged role in a global cyberattack on Microsoft 365 users.

Nigeria Police Arrest Okitipi, Nigerian Allegedly Linked to Microsoft 365 Hack

Benjamin Hundeyin, Force public relations officer, disclosed this on Thursday in Abuja while briefing journalists on the outcome of investigations carried out by the National Cybercrime Centre of the Nigeria Police Force.

Hundeyin said the centre, under the leadership of Ifeanyi Uche, its director and Commissioner of Police, commenced investigations in collaboration with Microsoft, the Federal Bureau of Investigation, the United States Secret Service, and the United Kingdom’s National Crime Agency.

According to him, investigations revealed that a phishing toolkit known as “Raccoon 0365” was used to create fake Microsoft login portals to harvest user credentials and unlawfully access email accounts belonging to corporate organisations, financial institutions, and educational institutions in several countries.

“This investigation commenced following credible intelligence received from Microsoft USA through the FBI, indicating that a malicious phishing toolkit known as Raccoon0365 was being used to create fake Microsoft login portals, harvest user credentials, and unlawfully access the email accounts of corporate organisations, financial institutions, and educational establishments,” Hundeyin said.

He added that between January and September 2025, several reports of unauthorised access to Microsoft 365 accounts were traced to phishing emails designed to mimic legitimate Microsoft login pages, enabling business email compromise, internal phishing, data breaches, and other cyber-enabled fraud.

Hundeyin said digital forensic analysis and cryptocurrency tracing identified wallets connected to the illegal operation.

He noted that operatives were deployed to Lagos and Edo states, leading to the arrest of three suspects identified as Joshua, James, and Okitipi Samuel between September 20 and October 4, 2025.

“Following extensive digital forensic and technical intelligence analysis, the centre conducted cryptocurrency tracing that identified suspicious wallets connected to cash-out schemes.

“Acting on actionable intelligence, operational teams were deployed to Lagos and Edo states, resulting in the arrest of Joshua, James, and Okitipi Samuel. Searches at their residences led to the recovery of mobile devices, laptops, and other digital exhibits linked to the fraudulent scheme,” he said.

Hundeyin identified Okitipi Samuel, also known as “0365” and Moses Felix as the principal suspect and developer of the phishing infrastructure.

“The primary suspect, Okitipi Samuel, also known as Moses Felix, has been identified as the developer and operator of the phishing infrastructure. Investigations revealed that he managed a Telegram channel used to sell phishing links in exchange for cryptocurrency and hosted fake login pages on Cloudflare using stolen or fraudulently obtained email addresses,” he said.

He added that investigations confirmed Samuel unlawfully used the email details of one of the arrested individuals without consent to register some of the accounts used in the operation.

The police spokesperson said further investigations revealed that the identities of Joshua and James were used without their consent.

“There was no evidence linking them to the creation or operation of the phishing scheme. They were victims of identity theft,” Hundeyin said.

He said a prima facie case had been established against Samuel for identity theft, unlawful access to computer systems, creation and distribution of malicious software, unauthorised interference with network data, and aiding and abetting fraud.

Hundeyin added that the suspect would be charged under relevant provisions of the Cybercrimes (Prohibition, Prevention, etc.) Act, 2024.

He said the suspect would be prosecuted in Nigeria, noting that the country has the capacity to enforce its cybercrime laws, although extradition could be considered if formally requested through due process.

Hundeyin assured Nigerians that the police, under the leadership of Kayode Egbetokun, inspector-general of Police,  would continue to protect the country’s digital ecosystem and urged citizens to practise good cyber hygiene by being cautious when clicking links and sharing personal information online.

Speaking separately, Ifeanyi Uche, director of the National Cybercrime Centre,  urged Nigerians to exercise caution online.

Uche advised members of the public to avoid clicking on links from unknown or unexpected sources, noting that such links often contain malware or phishing tools designed to compromise devices and personal data.

He warned that indiscriminate clicking of links or responding to unsolicited emails could lead to unauthorised access to personal and corporate accounts, urging citizens to “wash their cyber hands” by verifying sources before taking action online.


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Nigeria Takes the Lead in the Global WSIS+20 Digital Agenda

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Nigeria has unveiled a comprehensive, multi-pronged strategy designed to localise WSIS+20 commitments. This roadmap accelerates national transformation by prioritising robust infrastructure, transparent internet governance, and advanced cybersecurity through deep stakeholder collaboration.

Unveiled in New York at the Nigerian high-level side event titled “Re-Imagining Digital Cooperation for Sustainable Development: From WSIS+20 Vision to Local Action,” the strategy cements Nigeria’s position as a primary architect of the world’s digital future.

Speaking at the event, the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE represented by Director, Corporate Planning and Strategy, Dr. Dimie Shively Wariowei said Nigeria’s approach is deliberately aligned with the four core activity areas identified under the ongoing WSIS+20 review process.

According to him, the focus areas provide a practical framework for translating global digital commitments into measurable national outcomes, ensuring that international resolutions drive inclusive growth and sustainable digital development at the country level.

Inuwa identified digital infrastructure as the foundation of effective localisation, noting persistent challenges in extending connectivity to underserved and remote communities. Beyond infrastructure gaps, he highlighted affordability constraints and digital literacy deficits, stressing that addressing these issues remains central to Nigeria’s digital inclusion drive.

He explained that government alone cannot shoulder the burden of nationwide digital infrastructure deployment, given Nigeria’s vast geographical spread, hence the adoption of collaborative Public-Private Partnership (PPP) models. He disclosed that Nigeria, in collaboration with the World Bank, is implementing a major fibre-optic project spanning about 90,000 kilometres nationwide to boost connectivity.

The NITDA DG also revealed that the current National Broadband Plan, which has guided broadband expansion in recent years, is nearing completion, with plans underway to renew and reposition it for the next five years. The renewed plan, he said, will strategically target increased broadband penetration as a catalyst for digital access and economic growth.

On internet governance, Inuwa referenced Nigeria’s active participation in the Internet Governance Forum (IGF), noting that the country successfully hosted its annual national IGF. He said the forum operates on a multi-stakeholder model that brings together government, the private sector, civil society and the technical community to foster cooperation and informed policy dialogue.

Cybersecurity, he added, remains a critical pillar of Nigeria’s localisation efforts. He cited the existing Cybersecurity Act and ongoing efforts to strengthen the legal framework through a reviewed version currently awaiting parliamentary approval. These measures, he said, are designed to mitigate risks associated with increased internet use and to protect users and critical digital infrastructure.

Inuwa further stressed Nigeria’s ambition to play a leadership role in advancing digital cooperation across Africa through inclusive, multi-stakeholder engagement. He underscored the importance of coordinated national data collection, noting that reliable, country-specific data is essential for tracking progress and presenting Africa’s digital development story on the global stage.

He concluded that sustained engagement and follow-up actions arising from the WSIS+20 review would strengthen digital cooperation among African countries and ensure that global digital commitments translate into tangible national and regional impact.

Stakeholders commended Nigeria’s efforts in the digital space, acknowledging the country’s growing role in shaping Africa’s digital future.

Earlier, Ms. Jennifer Chung, Co-Convener of the Informal Multi-Stakeholder Sounding Board (IMSB), praised Nigeria for convening a broad-based, multi-stakeholder delegation and for its commitment to the meaningful implementation of WSIS+20 outcomes.

Chung stressed the growing demand for localised WSIS follow-up mechanisms, noting that platforms such as the annual IGF, National and Regional IGF Initiatives (NRIs), and youth-led forums are vital for tracking progress towards the 2030 Agenda and Africa’s Agenda 2063.

She described the WSIS+20 review as a critical step toward effective monitoring, reliable data collection and evidence-based evaluation, particularly for developing countries in the Global South. According to her, these measures are essential to achieving WSIS targets and ensuring that no region is left behind.

Drawing parallels with the Asia-Pacific region, Chung noted that challenges around affordable and meaningful connectivity remain widespread across developing economies. She emphasised that expanding broadband penetration and reducing the cost of access are crucial to closing digital divides in Africa, Asia-Pacific and other parts of the Global South.

She also highlighted the need to enable active citizen participation in emerging technologies, including artificial intelligence and future innovations such as quantum technologies, stressing that inclusive digital access is key to maximising the benefits of digital transformation.

Reflecting on the WSIS+20 review process, Chung praised the innovative and inclusive approach adopted through the informal multi-stakeholder sounding board, describing it as one of the first of its kind in global digital governance. She called for sustained collaboration among governments, the private sector, civil society and the technical community to carry the WSIS vision from global commitments to local action.


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UBA Partners CIG Motors, Lagride, Launches $100m “Drive to Own” Scheme

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United Bank for Africa (UBA) Plc has announced a $100 million financing partnership with CIG Motors, Lagride and the Lagos State Government to promote urban mobility and financial inclusion through a scheme tagged “Drive to Own.”

UBA Partners CIG Motors, Lagride, Launches $100m “Drive to Own” Scheme

Group Managing Director/CEO, United Bank for Africa(UBA) and, Chairman, LagRide, Chief Diana Chen, flagged by LagRide drivers, at the signing ceremony of $100 Million Expansion Facility, strengthening smart mobility, driver asset ownership of over 3,500 cars, financed by UBA in partnership with Lagos State Government and LagRide, held in Lagos on Tuesday.

 

The initiative, unveiled on Wednesday in Alausa, Lagos, will empower 3,500 drivers in the state by enabling them to own vehicles with an equity contribution of 10 per cent of the total cost, while the balance is payable over 48 months.

UBA’s Group Managing Director/CEO, Oliver Alawuba, described the scheme as transformational, noting that it would foster inclusive economic growth, support MSME development and create opportunities for the younger generation.

“This partnership with Lagride is transformational. It will drive inclusivity for economic growth and ensure progress for everyone,” he said.

Alawuba shared a personal story, recalling that his father worked as a driver and was able to fund his education through that income. He said the scheme would provide similar opportunities for many families.

UBA’s Head of SME Banking, Babatunde Ajayi, said the partnership reflected a rethinking of traditional banking models.

“Not every business has a shop. Some businesses have wheels. Every commercial driver is running a business, yet they have remained outside formal finance. We designed credit that fits their reality,” he said.

Chairman of Lagride, Diana Chen, said the company had built a data-driven and credit-ready mobility platform for drivers, stressing that transportation remained the backbone of Africa’s economic future.

“Lagride now stands as the most structured, data-driven and credit-ready mobility platform in Nigeria,” Chen said.

The partnership aligns the strengths of the three organisations, with UBA providing financial support, CIG Motors offering viable business opportunities, and Lagride delivering a technology-driven platform to ensure sustainable livelihoods for driver-partners.


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