Business Nigeria's e-Commerce Industry Struggles With Logistics, Payment and Funding Problems

Nigeria's e-commerce sector, reportedly worth $10bn, is facing several challenges - funding, logistics and payment systems- which should be attended to immediately, Daily Independent says.


Although Nigeria’s electronic commerce industry is projected to have a market potential worth about $10 billion, the sector is said to be grappling with some challenges, which now requires urgent attention.

Chief of the challenges facing the $550 million sub-Sector are the issues of logistics; payment system and local funding for the business.

Reports have it that the sector is has attracted significant foreign investments as two of the leading players in the sector received $50 million (N8.25 billion) investments in the last 18 months.

click here to read more


Your email address will not be publicly visible. We will only use it to contact you to confirm your post.