Regulatory, corporate and real estate counsel in Lagos.
Caspian Advisory Services advises gaming operators, businesses and property investors in Nigeria and West Africa. Our leadership established the legal and compliance functions at BetKing Nigeria and GTBet Nigeria, and that experience of regulated, fast-growing businesses informs all of our work.
4 Alaka Street, Mayfair Building, Onike, Yaba, Lagos / Monday to Friday, 9am to 5pm / +234 818 860 3718
Practice areas
Gaming & regulatory
We advise sports betting, lottery and online gaming operators on licensing with the National Lottery Regulatory Commission and state gaming authorities, and on the compliance obligations that apply once they are operating.
- NLRC and state gaming licence applications
- AML/KYC and responsible gaming policies
- Platform, payment and supplier agreements
- Setting up in-house legal and compliance teams
- Market entry for operators in West Africa
- Responding to regulator queries and audits
Corporate & commercial
We act for companies and investors on incorporation, governance, commercial agreements and transactions, from day-to-day contracting to due diligence on investments and acquisitions.
- CAC registration and annual filings
- Shareholder and joint venture agreements
- Commercial contracts and negotiation
- Due diligence for acquisitions and investment
Real estate
We act for buyers, sellers, landlords and diaspora investors, verifying title before any payment is made and managing each transaction through to registration.
- Title searches and verification
- Sale agreements, Governor's Consent and registration
- Remote purchases for diaspora clients
The firm
Caspian Advisory Services is a Lagos firm advising clients in regulated and high-value sectors. Our practice was founded on direct, in-house experience of building legal and compliance functions for Nigerian gaming operators.
The firm is led by Principal Partner Bunmi Oduba, who established the legal and compliance functions at BetKing Nigeria and GTBet Nigeria, including NLRC licensing, AML/KYC frameworks, commercial contracting and company secretarial work. Our team brings the same discipline to corporate and real estate mandates.
Each engagement is supervised at partner level, with clearly agreed scope, fees and timelines set out in writing before work begins.
- 2018
- Legal and compliance function established for BetKing Nigeria
- 2021
- Legal and compliance function established for GTBet Nigeria
- Today
- Advising operators, companies and property investors across Nigeria and West Africa
Available properties
Each listed property has undergone title verification by the firm. Select a listing to view photographs and details.
Frequently asked questions
What do I need to get a gaming licence in Nigeria?
Sports betting and lottery businesses are licensed by the National Lottery Regulatory Commission (NLRC) at federal level, and by state gaming boards such as the Lagos State Lotteries and Gaming Authority. You will typically need a Nigerian company, fit-and-proper checks on directors and shareholders, a business plan, evidence of funding, a review of your technical platform, and AML/KYC policies. We prepare and manage the application and the compliance work that follows.
Does the firm advise foreign operators entering Nigeria?
Yes. We help international gaming and technology companies set up a Nigerian entity, obtain licences, and put local agreements and compliance in place. We also advise on entry into other West African markets.
What corporate matters does the firm handle?
Company registration and CAC filings, shareholder and joint venture agreements, commercial contracts, due diligence for investment and acquisitions, and employment documentation. We are especially useful to businesses in regulated sectors.
How does the firm protect property buyers?
Before any money changes hands we search the title at the land registry, confirm the seller's right to sell, and check for charges or disputes. We then draft or review the sale agreement and handle Governor's Consent and registration so the title is properly in your name.
Can the firm act for clients based outside Nigeria?
Yes. We regularly act for clients resident abroad, conducting all checks and transaction steps on their behalf, providing regular written updates, and acting under a power of attorney where appropriate.
How are fees agreed?
Following an initial consultation, we issue a letter of engagement confirming the scope of work, fees and timelines. No work begins until the terms have been agreed.
Contact the firm
- Phone and WhatsApp
- +234 818 860 3718
- bunmi@caspianadvisory.com
- Office
- 4 Alaka Street, Mayfair Building
Onike, Yaba, Lagos - Hours
- Monday to Friday, 9am to 5pm