Share of small and medium-sized enterprises (SMEs) in Nigeria 2017, by ownership
Most small and medium-sized enterprises (SMEs) in Nigeria had a sole proprietorship as of 2017. This business ownership type accounted for 65 percent of the SMEs in the country that year. Moreover, 21 percent and five percent of them were private limited liability companies and faith-based organizations, respectively. The source defines small enterprises as those employing between 10 and 49 people, and medium enterprises as those with an employment size from 50 to 199 employees.