Number of micro, small, and medium-sized enterprises (MSMEs) in Nigeria 2017
There were over 41 million micro-enterprises in Nigeria in 2017, which represented over 99 percent of the micro. small, and medium-sized enterprises (MSMEs) in the country. Small and medium-sized enterprises, on the other hand, reached approximately 71,300 and 1,800, respectively. According to the source, most of these companies were located in Lagos.