Nigeria’s leading Microfinance Bank, Moniepoint, is set to launch the second edition of Nigeria’s Informal Economy Report on October 17, 2025, at the Abuja Continental Hotel.
The report reveals that 42% of Nigeria’s informal sector operators lack sufficient savings to survive beyond one month without income, highlighting the sector’s fragile financial state.
Nigeria’s informal economy is the backbone of the nation’s livelihood, accounting for over 80% of employment and driving the majority of economic activity.
For millions of Nigerians locked out of formal employment structures, this sector serves as a bulwark against poverty.
The Informal Economy Report is designed to provide evidence-based insights that can guide policymakers, regulators, and financial institutions in shaping interventions that strengthen and formalize informal enterprises.
The report’s findings will inform strategies to create a more inclusive and sustainable economic landscape.
The event is expected to attract senior government officials, regulators, lawmakers, industry leaders, trade associations, academics, civil society, and development organizations.
It will feature keynote addresses, panel discussions, and presentations of the study’s findings.
The second edition of the report follows the success of the inaugural edition, which received commendation from the Federal Ministry of Industry, Trade and Investment, the Corporate Affairs Commission, SMEDAN, and leading business associations for providing credible data and actionable recommendations.
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