Lagos Angel Network seeks to make local investors the first backers of Nigerian startups

BusinessDay | 25-08-2026 04:14pm |

The Lagos Angel Network is advocating for Nigerian investors to become the primary source of funding for early-stage startups in the country. The network aims to reduce reliance on foreign capital and foster a stronger local investment ecosystem. By encouraging local investors to back Nigerian startups, the initiative seeks to support innovation and entrepreneurship. This move is part of broader efforts to strengthen the nation's startup landscape.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.