Nigerian market to grow by 36.1% in 2024

The Embedded Finance industry in Nigeria is expected to grow by 36.1 per cent on an annual basis to reach $1.34 billion in 2024, according to a business report.

The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.5 per cent during 2024-2029. The embedded finance revenues in the country will increase from $ 1.34 billion in 2024 to reach $ 4.17 billion by 2029, according to the Nigerian Embbeded Finance Business and Investment Opportunity Databook.

This report provides a detailed data-centric analysis of the embedded finance industry, covering lending, insurance, payment, wealth and asset based finance sectors market opportunities and risks across a range of different sectors. With over 75+ KPIs at the country level, this report provides a comprehensive understanding of embedded finance market dynamics, market size and forecast.

It breaks down market opportunities by type of business model, consumer segment, and distribution models. In addition, it also provides detailed information across a range of different segments in each sector of embedded finance.

KPI revenue helps in getting an in-depth understanding of end market dynamics.