By Abdullateef Aliyu The Caladium 2024 Nigerian SME Report, that provides a detailed look into the SME landscape across Nigeria has been unveiled indicating that small and medium enterprises (SMEs) are facing the problem of access to finance. The report was unveiled at the Caladium Lagos SME Bootcamp which returned for its 7th edition, and brought together Nigeria’s top industry leaders, policymakers, entrepreneurs, and aspiring business owners at the Ecobank Pan African Center in Victoria Island, Lagos. This year’s event was packed with insightful sessions and dynamic conversations which centered around the tools and strategies that Nigerian SMEs need to overcome modern challenges.
The Caladium 2024 Nigerian SME Report was a study by Caladium Consulting to address the pressing need for accurate, sector-specific data on Nigeria’s small and medium enterprises. Over several months, Caladium collected responses from more than 1,500 SMEs across diverse sectors, including agriculture, retail, manufacturing, and technology. The report offers a multi-faceted analysis of the challenges these businesses face, particularly in areas like financing, operational costs, regulatory barriers, and economic uncertainty.
This report combines in-depth survey findings with insights from key industry leaders and policymakers. This ensures a well-rounded perspective that accurately reflects the realities faced by Nigerian entrepreneurs. From field research to detailed interviews, the Caladium.