Femi Longe

BusinessNews

Nigerian Startups Face Financial Struggles, with 49% Earning Under ₦10 Million a Year

TLP Advisory has revealed that 49% of Nigerian startups, founded in the last decade, generate less than ₦10 million ($6,000) in annual revenue. This degeneration signals significant financial struggles for…

Subscribe to Techparley Africa

Stay ahead of the curve. While millions of people still have to search the internet for the latest tech stories, industry insights and expert analysis; you can simply get them delivered to your inbox.

Please ignore this message if you have already subscribed.

×

►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None