Nigeria’s Buy Now, Pay Later (BNPL) market is projected to grow by over 83% in the next six years, reaching a market value of $2.61 billion by 2030, up from $1.42 billion in 2024.
This was disclosed in The State of Enterprise 2025 Report by EnterpriseNGR, which highlights the role of fintech companies in transforming the Nigerian business landscape through digital financial tools, automation, and inclusive credit services.
“BNPL grew at a 23.1% CAGR between 2021 and 2024 and is projected to reach $2.61 billion by 2030 from $1.42 billion in 2024,” the report stated.