Initial startup funding secured by micro enterprises (MEs) in the arts, entertainment, and recreation sector in Nigeria in 2020
(in 1,000 Nigerian naira)
Range of capital in thousand Nigerian naira
Number of funded enterprises
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The currency conversion rate was as of March 30, 2022.
According to the source, the survey was conducted across 36 states of the Nigerian Federation and the Federal Capital Territory, Abuja. It adds that, 400 households with micro-enterprises per state were surveyed, alongside nationwide SMEs which cut across 16 economic sectors.
Citation formats
Startup capital among micro enterprises in arts and entertainment in Nigeria 2020
In 2020, most of the micro-enterprises (MEs) within the arts, entertainment, and recreation sector in Nigeria - nearly * businesses - each received an initial startup funding that was less than * Nigerian naira (NGN), equivalent to roughly *** U.S. dollars. In contrast, micro-enterprises in the same sector each secured an initial startup capital between ** NGN and ** NGN (between roughly and U.S. dollars).
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Small and Medium Enterprise Development Agency of Nigeria. (August 13, 2021). Initial startup funding secured by micro enterprises (MEs) in the arts, entertainment, and recreation sector in Nigeria in 2020 (in 1,000 Nigerian naira) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1299688/initial-startup-capital-among-mes-in-arts-and-entertainment-in-nigeria/
Small and Medium Enterprise Development Agency of Nigeria. "Initial startup funding secured by micro enterprises (MEs) in the arts, entertainment, and recreation sector in Nigeria in 2020 (in 1,000 Nigerian naira)." Chart. August 13, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1299688/initial-startup-capital-among-mes-in-arts-and-entertainment-in-nigeria/
Small and Medium Enterprise Development Agency of Nigeria. (2021). Initial startup funding secured by micro enterprises (MEs) in the arts, entertainment, and recreation sector in Nigeria in 2020 (in 1,000 Nigerian naira). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1299688/initial-startup-capital-among-mes-in-arts-and-entertainment-in-nigeria/
Small and Medium Enterprise Development Agency of Nigeria. "Initial Startup Funding Secured by Micro Enterprises (Mes) in The Arts, Entertainment, and Recreation Sector in Nigeria in 2020 (in 1,000 Nigerian Naira)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Aug 2021, /statistics/1299688/initial-startup-capital-among-mes-in-arts-and-entertainment-in-nigeria/
Small and Medium Enterprise Development Agency of Nigeria, Initial startup funding secured by micro enterprises (MEs) in the arts, entertainment, and recreation sector in Nigeria in 2020 (in 1,000 Nigerian naira) ÌÇÐÄÆƽâ°æ, /statistics/1299688/initial-startup-capital-among-mes-in-arts-and-entertainment-in-nigeria/ (last visited August 03, 2026)
Initial startup funding secured by micro enterprises (MEs) in the arts, entertainment, and recreation sector in Nigeria in 2020 (in 1,000 Nigerian naira) [Graph], Small and Medium Enterprise Development Agency of Nigeria, August 13, 2021. [Online]. Available: /statistics/1299688/initial-startup-capital-among-mes-in-arts-and-entertainment-in-nigeria/
