Rising costs leave 38% of Nigeria’s SMEs earning under ₦10,000 profit daily
38% of informal businesses in Nigeria make less than ₦10,000 ($6.78) in daily profit, according to Moniepoint’s 2025 Informal Economy Report, suggesting that small businesses—critical engine of the country’s economy—remain stuck in survival mode rather than scaling toward growth.
https://techcabal.com/2025/10/18/moniepoint-report-38-percent-nigerias-smes-profit-below-10000-naira-daily/' target='_blank'>Read Full Story
Rising costs leave 38% of Nigeria’s SMEs earning under ₦10,000 profit daily
38% of informal businesses in Nigeria make less than ₦10,000 ($6.78) in daily profit, according to Moniepoint’s 2025 Informal Economy Report, suggesting that small businesses—critical engine of the country’s economy—remain stuck in survival mode rather than scaling toward growth.
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