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Time to Start New Business in Nigeria

Source: World Bank
Last Updated: February 1, 2023

Time to start new business reached 7.20 days in 2019 in Nigeria, according to the National Statistical Office. This is 33.9% less than in the previous year.

Historically, time to start new business in Nigeria reached an all time high of 37.0 days in 2003 and an all time low of 7.20 days in 2019.

Nigeria has been ranked 123rd within the group of 172 countries we follow in terms of time to start new business.

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