ShopNig and MyBTC Nigeria: Companies reshaping Nigeria’s e-commerce, tech, Web3 spaces

The insatiable nature of humans as popularly studied by Economists has led to the shifts in the exchange of goods, and services. From trade by barter to the use of money in purchases is what many factors have influenced. Even now, with the inexplicable rapidity of technology, and the current shift in the Web2 to Web3 space, specifically in Fintechs, the finance sector has gotten a rise, ShopNig has mastered these shifts among the line, in about a decade.

Unarguably the first E-commerce company in Ondo State, Nigeria, ShopNig, a decade old platform in Africa’s booming Fintech was established for the ease of the people in their quest for products they either want or need. This foremost E-commerce company in Nigeria was launched with the attendance of August dignitaries; most prominent among all was the then Provost of Adeyemi College of Education, Ondo, Professor Olukoya Joseph Ogen.

While it started as a Data-selling brand, and as Tell-Nig, ShopNig evolved in quite a short while. At the start of the company in 2015, the E-commerce company had a physical store, and office where the day-to-day buying and selling with the use of words to mildly pitching products, and also an online platform, selling out diverse brands of technological products from the A.C.E. campus, Ondo town, to its environs in Ondo State. Also, ShopNig established a physical store at the Federal University of Technology, Akure, Ondo State. However, in no time, the company scaled up its technology, which enabled its growth into a full stack e-commerce company.

In 2018, ShopNig was relocated to Ibadan, Oyo State with a mall at AB 15, Albarka Complex, Bodija, Ibadan, Oyo State, Nigeria. In 2020, two years after, there was a grand opening, with the presence of the then Commissioner for Youths and Sport in the state, Seun Fakorede, and other dignitaries, ShopNig Mall (now a full-grown company) 5.0 was commissioned.

ShopNig is rapidly a leading force in Nigeria’s tech retail space, offering a heartwarming, user-friendly platform where customers can access a wide range of affordable gadgets and accessories. From mobile phones and laptops to drones, kids tablets, smartwatches, and home appliances, ShopNig provides a one-stop marketplace tailored for gamers, tech lovers, parents, and everyday consumers.

The platform stands out with its smooth navigation, category-based shopping, and nationwide delivery service that ensures fast and secure shipping across Nigeria. Backed by 24/7 customer support, ShopNig prioritizes convenience and reliability, making the online shopping experience seamless and stress-free for users everywhere.

With features like wallet payment options and personalized dashboards for account management, ShopNig reflects the lifestyle of today’s digital-savvy Nigerian shopper. It’s not just an online store – it’s a forward-thinking solution redefining how Nigerians shop for tech, combining accessibility, trust, and innovation in one powerful platform.

Web3 and cryptocurrency are transforming e-commerce by enabling decentralized, secure, and borderless transactions without the need for traditional banks or intermediaries. With blockchain technology, buyers and sellers can trade directly using cryptocurrencies, while smart contracts ensure transparency and trust. This shift empowers users with more control over their data and payments, paving the way for a more open and efficient digital marketplace.

MyBTC Nigeria started as a lone trading initiative in 2014 focused on Bitcoin and gift cards at a time when digital finance was still emerging in Nigeria. Operating independently for years, the brand steadily grew through a word-of-mouth network built on trust and reliability. By 2020, this growth culminated in the establishment of a physical office, marking its transition from a solo venture into a structured enterprise with a broader mission to simplify crypto trading for everyday Nigerians.

The company is taking the bull by its horn in the country’s digital finance space by offering a simple, reliable platform for buying, selling, and storing cryptocurrencies like Bitcoin and Ethereum, as well as gift cards. Designed specifically for Nigerians, it allows users to easily convert crypto to Naira and vice versa, with instant payments and competitive rates. The platform, a “sibling space” of ShopNig, is built for ease of use, featuring a responsive website and fast live chat support to ensure smooth transactions.

Available 24/7, MyBTC Nigeria supports round-the-clock trading and customer service, giving users flexibility and peace of mind. The company recently rebranded to improve its interface and overall user experience, showing its commitment to innovation and staying ahead of market demands. With instant Naira withdrawals and a cleaner design, it’s become even more appealing to crypto traders in Nigeria.

In addition to its core services, MyBTC Nigeria actively engages its user base, especially on Instagram and Facebook, sharing updates, running promos, and building a strong online community. This constant interaction helps build trust and keeps users informed. As crypto adoption grows across Nigeria, MyBTC Nigeria is positioning itself as a key player in the space, offering reliable access to digital finance for all.

The two companies, ShopNig, and MyBTC Nigeria are crème de la crème forces to reckon with in the E-commerce and Web3 spaces. They put forward the best products and services for not the ease of the people they serve, but for the upliftment of humanity, in a way, using technology.

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