Forum Navigation
N3.6 trillion Deals Worth in Nigeria in 2021
#1 · February 3, 2022, 6:45 PM
Nigerian corporates recorded a sum of $8.88 billion (N3.65 trillion) as deals in 2021, across 177 transactions, representing a significant increase compared to the previous year (FY 2020, 108 deals valued at $4.3 billion/N1.8 trillion).
- Seed/Series Funding was the most popular in terms of deal frequency with 91 deals valued at $1.25 billion (or N516.06 billion).
- Commercial Paper issuance was next most popular with 25 deals valued at $1.05 billion (or N429.93 billion).
- Bond Issuance was the largest deal type with a value of $3.77 billion (or N1.55 trillion) across 22 deals.
- Acquisitions was the next largest deal type with a value of $1.63 billion (or N668.2 billion) across 20 deals.
Read at Nairametrics (PDF)
Source: Nairametrics
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.