Why Nigerian Youths prefer sports betting to investing in capital market

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In the vibrant streets of Agege, Lagos, three young men gather outside a betting shop, eagerly awaiting its opening, among them is Bamidele Kayode, a 30-year-old civil engineer.


As they engage in conversation, they ruefully discuss the missed opportunities of their previous night’s bets, with their favourite football clubs falling short.


With the doors finally opening, a rush of young people floods into the shop, all chasing the dream of a significant win.

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