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How Nigerian Startups Are De-Dollarising Their Operations

Summary by TechCabal
It used to be simple. You built something people wanted, got investments to buy the tools you need and create the team you need to scale exponentially—maybe a few smart hires from abroad. The tech ecosystem was flush with cash and hope for startups and their technology, so the numbers worked. Until 2023, the numbers stopped working for startups in Nigeria; the naira value has depreciated against the dollar. This eroded growth: revenue, despite g…
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TechCity broke the news in on Thursday, June 5, 2025.
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