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Japanese officials have approved controversial plans to build the country’s first gambling resort.
Casinos have long been illegal in Japan, but a law was passed in 2018 providing exceptions to games, such as poker or baccarat, to create jobs and boost tourism.
Besides the casino, the 5.3 million square-foot complex will include a hotel, conference centre, shopping mall and museum.
The complex will open in the western city of Osaka in 2029.
The Central Bank of Nigeria, CBN, has announced that banks will transfer funds in accounts that have been dormant for at least 10 years into a trust fund account. A circular signed by the Director of the Financial Policy and Regulation Department of CBN, Chibuzor Efobi, stated that this comes on the heels of a request by Deposit Money Banks and other stakeholders to clarify procedures concerning the management of […]
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