People in Africa’s most populous country are increasingly engaged in betting and other gambling activities. Their efforts to better their economic situation often result in further losses, pushing them deeper into financial hardship.

In Nigeria, media reports are frequently highlighting instances of individuals, driven by the desire for wealth or other motives, falling into sports betting addiction. This phenomenon is not limited to the general populace but is also prevalent among business owners and executives of large, including multinational, corporations.

There are cases where individuals, in an attempt to fuel their gambling habits, have resorted to selling personal and business properties, and in some instances, even misusing the working capital of various companies. Such actions inevitably lead to massive financial losses, accumulating debts, and ensuing social issues.

Related: The Vulnerability Of Nigerian Citizens To Gambling: The Role Of Overconfidence

Getting into addiction has never been so easy before

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