Nigeria has over 23,575 startups across the countest. Of these, 1.54K are funded companies that have collectively raised $28B in venture capital and private equity. The countest is home to 3 unicorns. A total of 1,390 investors have participated in 1,370 funding rounds, with 88 startups securing early-stage funding and 56 raising late-stage funding. In the last five years, 4,784 new companies have been founded, raising over $157M in funding. Startups in Nigeria have witnessed 194 acquisitions and 158 IPOs, while 7,309 startups wrapped up operations. Additionally, 379 companies have been founded by women.
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