Benin Lottery Warns of Fraudulent Online Agents in New Alert

Benin Lottery Warns of Fraudulent Online Agents in New Alert

The National Lottery of Benin (LNB) has recently raised alarms about fraudulent online agents. These scammers impersonate the lottery, luring individuals with false promises of participation or winnings in exchange for money.

Warning Against Fraudulent Online Agents

In an official statement, LNB emphasized that no authorized agent is permitted to request money through social media platforms like Facebook or WhatsApp. The lottery maintains that participation and withdrawal of winnings do not involve any fees.

Details of the Impersonation Scheme

  • Fraudulent accounts are misusing LNB’s name and brand.
  • The public is advised to be cautious of any requests for money from agents online.
  • Legitimate participation does not require payments to online agents.

LNB’s statement clearly outlined that any solicitation for money is simply a form of impersonation. The lottery operates with transparency and emphasizes that prize claims incur no costs.

Background of the National Lottery of Benin

LNB is not only the official lottery operator in the country but is also publicly traded. Its shares are listed on the Bourse Régionale des Valeurs Mobilières (BRVM), contributing to the regional investment landscape.

Trading Performance

On February 6, 2026, shares of Benin’s National Lottery closed at 3,940 XOF (€6), reflecting a positive variation of 1.03 percent. This follows an initial public offering that took place in December 2024, where LNB’s shares rose by 4.1 percent upon debut.

Future Plans and Transparency

LNB aims to modernize its operations by expanding into online lottery and virtual gaming platforms. As a listed entity, it adheres to rigorous financial reporting and disclosure standards, ensuring transparency for its investors.

This focus on regulation strengthens the trust and confidence of investors looking to engage with a legitimate lottery operator. El-Balad encourages the public to remain vigilant against fraudulent schemes that misrepresent the National Lottery of Benin.

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