Nigerian startups raise $11.3 million in September 2026, down 97% from August

NAIRAMETRICS | 12-10-2026 01:34pm |

In September 2026, nine Nigerian startups raised a combined $11.3 million, a sharp decline from the $364.1 million raised by 20 startups in August. This represents a 97% decrease in funding month-over-month. The data indicates a significant moderation in funding for the country's startup ecosystem.

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