Businesses closure due to the pandemic in Nigeria 2020, by type

Published by Statista Research Department, Dec 12, 2022
According to a study conducted at the end of 2020, around 36 percent of business owners in Nigeria knew of other similar businesses that permanently closed due to the pandemic. This share was slightly higher among informal than formal enterprises.

Do you know of businesses like yours that have permanently closed due to the pandemic?

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Release date

September 2021

Region

Nigeria

Survey time period

November to December 2020

Number of respondents

2,964 respondents

Special properties

2,158 formal and 806 informal establishments

Method of interview

Questionnaire

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