Nigerian Startup Funding Plunges 97% to $11m
Nigerian technology startups suffered a brutal liquidity freeze in September 2026 as total funding collapsed by 96.9 per cent to $11.3 million. Data from Nairametrics shows local founders raised $352.8 million less than the $364.1 million secured across twenty transactions in August. The steep contraction reflects an abrupt absence of mega-rounds, exposing the underlying fragility…