Most of the startups in Nigeria were launched in 2019. This refers to 15 percent of 481 ventures as of 2022. Also, in 2021, nearly 13 percent of the ventures were launched. Overall, startups in Nigeria are concentrated in Lagos.
Share of startups in Nigeria as of 2022, by year of launch
The source defines startups as young businesses with no guarantee of success, and where people who choose to work forgo stability, substituting it with innovation and the promise of increased growth.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Disrupt Africa. (September 15, 2021). Share of startups in Nigeria as of 2022, by year of launch [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1337954/share-of-startups-in-nigeria-by-launch-year/
Disrupt Africa. "Share of startups in Nigeria as of 2022, by year of launch." Chart. September 15, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1337954/share-of-startups-in-nigeria-by-launch-year/
Disrupt Africa. (2021). Share of startups in Nigeria as of 2022, by year of launch. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1337954/share-of-startups-in-nigeria-by-launch-year/
Disrupt Africa. "Share of Startups in Nigeria as of 2022, by Year of Launch." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1337954/share-of-startups-in-nigeria-by-launch-year/
Disrupt Africa, Share of startups in Nigeria as of 2022, by year of launch Statista, https://www.statista.com/statistics/1337954/share-of-startups-in-nigeria-by-launch-year/ (last visited November 21, 2024)
Share of startups in Nigeria as of 2022, by year of launch [Graph], Disrupt Africa, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1337954/share-of-startups-in-nigeria-by-launch-year/
