I was 32 when we founded NairaBET – Akin Alabi

Akin Alabi NairaBet founder

Founder of bookmaking company, NairaBET, Akin Alabi, has revealed that he was 32 years old when the company was launched.

Mr Alabi, now 42, in a tweet on Monday advised young people in their teens and twenties who feel depressed for lack of success to be patient.


“I was 32 when we founded @officialnairabet. At 21, some people will say life has ended. Even the business I started at 26 was an information marketing business that cost me only N3,500 to set up. Anyone can still do that today with N20,000. Calm down. Drink water,” he said.

Born in Ibadan, Alabi also tweeted on Monday that there are no latecomers in the success world, advising young people to take their time on the ladder to success.

He said: “No latecomers in the ‘success world’. Whenever you get there, you will be welcome. You will enjoy your life and no one will say, I don’t want you friend because you came ‘late’. Calm down. There is time.”


Alabi, who is the author of some popular business and marketing books, is a proud fan of Shooting Stars Sports Club (3SC) of Ibadan and Manchester United Football Club.