[email protected]: 10 Things About the Popular Betting Company you Probably didn’t Know

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Nairabet Founder, Akin Alabi To Quit His Own Company and Contest for National Assembly
Nairabet is one of the biggest sports betting companies in Nigeria.

Nigerian sports betting platform, Nairabet.com is celebrating its tenth year in operation. Sports betting has become a very lucrative business as it currently has millions of Nigerians hooked to it. Nairabet is one of the biggest sports betting company in Nigeria.

In honour of its 10th year, here are 10 things you probably didn’t know about Nairabet.

  • Nairabet is the premier sports betting company in Nigeria. The 10 year old platform allows users to place bets on various sporting activities in return for rewards if correct.
  • The company was founded by Akin Alabi, a Nigerian entrepreneur. He is the author of the business and marketing book, Small Business Big Money. He is also the incoming member representing Egbeda/Ona Ara Federal constituency in Oyo State in the Federal House of Reps.
  • Nairabet runs an online platform where users can place bets instead of walking to betting shops. Users only have to create an account, fund their account with their debit cards and place their bets. Users can also cash out their wins online straight into their Bank accounts.
  • The platform has a mobile app for both Andoid and iOS devices to make betting seamless for its users. It also has a USSD code so users could stake on their phones.
  • A leading report on gambling in Africa published in 2016 by KPMG, showed that NairaBet made an average monthly turnover of $3m-$5m. That figure is expected to have increased tremendously now.


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