Kalo-Kalo

Kalo-Kalo

Slang; the financial services industry in Nigeria. The term derives from the name for slot machines used in Nigeria.
References in periodicals archive ?
Through all of last year, Buhari and his advisors insisted that business investment would soar once he cut corruption, but like NaijaBet, the economic team has played a 'Kalo-Kalo economy.
Sinangag (Tagalog for fried rice) or kalo-kalo (Ilonggo) is now listed in restaurant menus as garlic rice.