Research & Insights

Grounded in real businesses. Built for real decisions.

Research publications including the 2024 Caladium Nigerian SME Report, with the 2025 edition coming soon.

Featured Publication

2024 Caladium Nigerian SME Report

Survey-led insights from 1,520 Nigerian SMEs on finance, operating pressure, strategy, market access, and growth execution.

01

78% of Nigerian SMEs identified access to financing as their greatest barrier to growth.

02

Businesses that invested in formal business education grew at 2.3x the rate of those that did not.

03

Only 32% of surveyed SMEs had a documented business strategy despite plans to scale.

04

Community membership correlated strongly with business survival past the 3-year mark.

Publications Archive

2024 is the current published edition. It captures practical market realities for founders, partners, and ecosystem stakeholders using Caladium's own SME survey and interview process. The 2025 edition is in development.

2024

Published now: Caladium Nigerian SME Report with core findings on finance, strategy, and business survival.

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2025

Coming soon: next annual research edition with updated ecosystem signals and operating trends.

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Research Approach

The 2024 Caladium Nigerian SME Report was developed from responses gathered from 1,520 SMEs between September 3 and November 1, 2024.

The survey focused on business demographics, financial challenges, cost structure, growth strategies, and future outlook, with additional context from interviews with industry leaders and policymakers.

Findings are translated into practical implications for Caladium programmes, partnerships, funding readiness, market access, and long-term ecosystem development.