Despite tax holidays, e-commerce firms make losses
Although the Federal Government granted pioneer status to operators in the country’s electronic commerce (e-commerce), investigations have shown that a majority of the players have been running at a loss for the past three years.
“SMEs, e-commerce key to Nigeria’s economic development”
For Africa, particularly Nigeria to develop and take its rightful place on the world stage, concerted efforts must be made to strengthen small and medium-sized enterprises (SMEs) to boost economy.
E-commerce is biggest channel to unleash thriving SMEs – Heymans
The future of Africa revolves round her ability to take the rightful place in the global economic stage, especially through thriving small and medium enterprises (SMEs), said Hennie Heymans, managing director, DHL Express Sub-Saharan Africa.
‘eCommerce driving digital change in Nigeria’
New business models and evolving consumer behavior are driving the digital change Nigeria is experiencing. Online shopping today is well known for its convenience and good deal.
‘Competition is good for business growth’
For any business, competition is good. The moment you take competition away, you relax. When you have competition, it will compel you to do more than what you plan to do.
E-commerce firm uready to accept crypto currency
An e-commerce firm, KAVWIN Nigeria Limited has declared it readiness to accept crypto currencies such as Bit coins, TBC as medium of payment for goods services.
‘Consumer protection solution to declining trust in e-commerce’
In Nigeria, the activities of some online shoppers who turned themselves into killers are currently troubling the e-commerce sub-sector of the nation. Online businesses are estimated to be worth $10 billion (about N3.06 trillion) in the country.
Nigeria leads South Africa, others in online shopping
According to GeoPoll, which conducted the survey on five African countries including Nigeria, South Africa, Uganda, Kenya and Ghana, said though there have been significant growth in online shopping on the continent, but SSA still don’t trust e-commerce sites.
Nigeria’s evolving e-commerce and diversification drive
Electronic commerce, commonly called e-commerce, is the trading or facilitation of trading in products or services using computer networks, such as the Internet or online social networks.