The National Lottery of Benin (LNB) has issued a strong warning after uncovering fraudulent social media accounts pretending to represent the lottery.
These fake agents have been approaching individuals online, asking them to send money in exchange for supposed participation, winnings, or processing fees. In its official notice, the operator stressed:
“No agent of the National Lottery of Benin is authorised to request or collect money via Facebook, WhatsApp or any other online platform, and no fees are required either to play or to withdraw your winnings.”
The LNB stated that scammers have been using the lottery’s name and branding to mislead the public, creating fake accounts across platforms to appear legitimate. The operator explained that genuine participation in the lottery does not involve payments to agents online, and prize claims are free of charge. Any request for money, it said, is simply impersonation.
LNB listed on West African Stock Exchange
Benin’s National Lottery (LNB) is not only the country’s official lottery operator but also a publicly traded company, with its shares actively listed on the Bourse Régionale des Valeurs Mobilières (BRVM).
This dual role places the lottery within the regional investment landscape, allowing investors across West Africa to buy and sell its shares. According to the BRVM’s trading report, “Benin’s National Lottery shares were traded on Friday, February 6, 2026, closing at 3,940 XOF (€6), with a positive 1.03 per cent variation.”
LNB first entered the market through its initial public offering in December 2024. At the time, Daba Finance noted: “LNB rose 4.1 per cent in its debut on the BRVM following its $69m initial public offering.”
Since then, the company has outlined plans to modernise its operations, expanding into online lottery and virtual gaming platforms. As a listed entity, LNB is required to meet financial reporting and disclosure standards, which strengthens transparency and gives investors direct exposure to a regulated lottery operator.
Source: Focus Gaming News
