Best Media & Entertainment Companies in Nigeria
The 206 best Media & Entertainment companies in Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: BetKing.
Nigeria's Media & Entertainment funding picture is dominated by one number: $377M to BetKing, which alone accounts for the overwhelming bulk of the $414M total disclosed across 206 tracked companies. That concentration tells you something real about where Nigerian entertainment capital has flowed. iROKOtv sits a distant second at $27M, with Stears ($4M), Big Cabal Media ($3M), and Gamic ($2M) rounding out a mid-tier that's thin but active. No unicorns yet, but the investor roster, Faster Capital, MaC Venture Capital, and 440.NG among the most active, signals that institutional attention is building rather than cooling.
The broader tailwind is hard to ignore. According to Statista, the global market was valued at roughly $1.96T in 2021, tracking a 7.41% CAGR, with virtual reality and augmented reality among the demand drivers pulling investment toward immersive formats. I'd watch the app-layer closely too: median install growth across media and social apps is running at roughly +12% YoY across 3,108 tracked apps, and trending themes like audio editors, playback engines, and mindfulness content suggest where product teams are placing bets right now. So if you're scanning this directory for partners or deal targets, the gap between BetKing's scale and everyone else is actually the interesting story this quarter.
- Omdia
- Social Media Entertainment: The New Intersection of Hollywood and Silicon Valley
Ranked: Best Media & Entertainment companies in Nigeria
| # | Company | Last round | Disclosed funding | Stage | Founder | Employees | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 234Finance Online platform providing news on startups | — | — | Unfunded | Ezinne Nwazulu CEO & Editor | 3 | Materialize CSSAnimate.cssBootstrap+14 | — |
| 2 | 9flix Online video streaming service | — | — | Deadpooled | Aliyu Bello Daku Founder | — | Apache HTTP ServerMicrosoft AdvertisingGoogle Tag Manager | — |
| 3 | 9mediang Creators content subscription platform | — | — | Deadpooled | Clef Pascal Founder & Owner | — | — | — |
| 4 | 9mediang Online storytelling platform | — | — | Deadpooled | Pascal Ezeamaku Owner & CEO | — | — | — |
| 5 | Africa Business Radio Online platform offering business-related news | — | — | Funding Raised | Soji Akinlabi Founder | 12 | — | — |
| 6 | Africa365 Crypto-based gambling platform | — | — | Unfunded | Jordan Stone CEO | — | Google Sign-inReactReact Router+7 | — |
| 7 | African Movies Mobile Online video streaming platform | — | — | Unfunded | Collins Abah CEO | — | — | — |
| 8 | Afriguild Organisation providing chances through gaming, education, and community buildings | — | — | Funding Raised | Toyosi Abolarin Founder & CEO | 14 | — | — |
Top 12 Media & Entertainment companies in Nigeria
#1
Funding Raised · Lagos, Lagos · founded 2018$300Kraised▾
Provider of African news, analysis, and long-form features from various ministries. Content covers climate change, culture, economics, gender, history, international affairs, politics, and science. The platform publishes articles, interviews, and essays. It also offers podcasts and a shop for merchandise.
- Oct 2024Grant (prize money)$300K
#2
Series C · Ikeja, Lagos · founded 2018 · 19 employees$376.5Mraised▾
Online gambling platform offering multi-category sports betting services. The platform enables users to wager on various sports like soccer, basketball, tennis, and more. Also, it offers virtual and live sports betting. It offers features like variant payment options, optimized secured gambling platform, etc.
- Jun 2021Series C$293.4M
- Nov 2020Series C$83.1M
#3
Seed · Lagos, Lagos · founded 2021 · 32 employees$1.8Mraised▾
Decentralized social platform for gamers. It enables users to create a community with like-minded individuals, interact and earn crypto rewards. The mobile application is available for Android devices.
- May 2024Seed$1.8M
#4
Seed · Lagos, Lagos · founded 2014 · 21 employees$3.9Mraised▾
Online platform with data-driven insights. It provides users with a platform for data and research reports. Its features include insight and data collection tools for businesses, and financial and policy professionals.
- Oct 2022Seed$3.3M
- Sep 2022Grant (prize money)$100K
- Apr 2020Seed$600K
#5
Seed · Lagos, Lagos · founded 2014 · 21 employees$3.1Mraised▾
Digital media publishers targeted African audiences. Publishes Zikoko, TechCabal and operates Radar. Also, created a portal EbolaFacts to spread awareness about the ebola virus.
- Mar 2022Seed$2.3M
- Sep 2020Seed$600K
- May 2016Seed$249.7K
#6
Series E · Lagos, Lagos · founded 2011 · 159 employees$27Mraised▾
Subscription-based on-demand video platform. It operates a subscription business model where users can access Nollywood movies via an Android app. It also has content distribution deals with YouTube, Dailymotion, iTunes, Amazon, and Vimeo.
- Feb 2016Series E—
- Jan 2016Series E$19M
- Dec 2013Series D$8M
#7
Seed · Lagos, Lagos · founded 2019 · 18 employees$600Kraised▾
Online social platform for women professionals. The platform allows African women to connect with each other and get access to professional opportunities. The app is available for Android and iOS users.
- Dec 2021Seed$600K
#8
Seed · Ikeja, Lagos · founded 2019 · 4 employees$50Kraised▾
Developer of an interactive marketing technology platform intended to offer interactive video streaming services. The company's platform combines cloud technology that allows low-latency video streaming with web and mobile interfaces for user interaction, data collection and audience monetization, enabling clients to make the content interactive.
#9
Funding Raised · Lagos, Lagos · founded 2021$3Kraised▾
Web3 community offering training programms for blockchain. It offers a community programm that equips women with relevant Blockchain skills to contribute and disrupt the web3 ecosystem. It also offers mentorship programms for blockchain enthusiasts.
- Oct 2023Grant (prize money)$3K
#10
Seed · Lagos, Lagos · founded 2020 · 8 employees$60Kraised▾
Online marketplace platform for streaming movies, music, and podcasts. The platform allows users to stream on-demand content as well as live TV shows and events. It also provides a community solution for users.
- Nov 2021Grant (prize money)$100K
- Nov 2021Seed$60K
#11
Seed · Lagos, Lagos · founded 2011$330Kraised▾
Operator of an online platform providing casino games and sports betting. The platform offers a variety of slot machines, table games, and live casino options. It also features a sportsbook with pre-match and in-play wagering. The platform supports multiple payment methods and provides customer support through live chat and email.
- Jul 2015Conventional Debt—
- Sep 2014Seed$330K
#12
Seed · Lagos, Lagos · founded 2019$100Kraised▾
Developer of a music platform designed to connect independent artists with verified music production houses to bring their creativity to life. The company's platform offers to find recording studios and hire music producers, enabling clients to pair verified studios and producers, allowing them to list their profiles and manage bookings while enabling artists to find and collaborate with them and each other.