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NEPC Targets $2.7trn African Market Through e-commerce

NEPC Targets $2.7trn African Market Through e-commerce     The Nigerian Export Promotion Council (NEPC) is targeting the $2.7 trillion African market through the instrumentality of e-commerce. Speaking at the launch of Agogo Africa supported by NEPC and African Union on Tuesday in Abuja, the Chief Executive Officer,...

‘e-Commerce Will Hit $75bn By 2025’

'e-Commerce Will Hit $75bn By 2025'   Agusto & Co, has predicted an influx of new entrants into the small and medium scale enterprises (SMEs) segment of the Nigerian economy. It also estimated that Nigeria recorded a volume of $12 billion transaction on online purchases in 2020,...

Nigerians Spend $13bn Annually On E-Commerce — Fed Govt

Nigerians Spend $13bn Annually On E-Commerce — Fed Govt             The federal government had said that e-commerce spending in Nigeria is estimated at $13 billion annually. The Permanent Secretary in the Federal Ministry of Industry, Trade and Investment, Dr Evelyn Ngige, said this in Abuja at the...

Social media: Facilitating e-commerce For The Digital Economy, by Inyene Ibanga

Social media: Facilitating e-commerce For The Digital Economy, by Inyene Ibanga     Social media is a powerful tool for communication. It has the ability to connect and share information with anyone on earth or with many people across geographical divides simultaneously. It is very useful for conducting...

Experts Urge Nigeria, Others To Tax E-Commerce Appropriately

Experts Urge Nigeria, Others To Tax E-Commerce Appropriately   Tax experts at the on-going IMF/World Bank Group Annual Meetings in Bali urged Nigeria and other countries to issue appropriate taxation regulations and tax rates to suit e-commerce businesses in their countries. This was a consensus reached during...

Konga To Boost E-Commerce With N2.9bn Investment In K-Xpress

Konga To Boost E-Commerce With N2.9bn Investment In K-Xpress Konga, Nigeria’s composite e-commerce giant has revealed that the company is set to invest N2.9 billion in its logistics arm, K-Xpress to build a world-class delivery solutions company that will resolve the logistics challenges in Nigeria’s...