Man takes N120k loan, uses N119k to bet and lost (Video)

Nigerian man has narrated how a customer took a loan from a popular microfinance bank and lost almost everything to sports betting.

He shared the man’s story in a documentary about the dangers of gambling and people who are addicted to the act.

The young bet centre operator said that the man visited the microfinance bank and took a loan of N120,000 using his brother as guarantor.

But the shocking part is that as he was leaving, he entered his virtual betting centre which was in the same building.

He then used N119,000 out of the money to bet, unfortunately he lost it all. Feeling frustrated by the outcome, he used the remaining N1k to buy weed and alcohol.