• About Us
  • Contact Us
  • Privacy & Policy
Tuesday, July 8, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Nigeria’s e-Commerce Value Chain exceeds limit worth $9 billion as of 2023 – Export Council

Vincent Amadi by Vincent Amadi
April 1, 2025
in Economy, News
Reading Time: 2 mins read
A A
0
Nigeria’s e-Commerce Value Chain exceeds limit worth $9 billion as of 2023 – Export Council
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

By: Amadi Vincent Uzoma


The Nigeria Export Promotion Council (NEPC) said the country’s e-commerce value has increased from $675.68 million in 2022 to $9.02 billion in 2023. Managing Director and CEO The council’s executive officer, Mrs Nonye Ayeni, disclosed this during a day-long awareness workshop on the implementation of the developed national e-commerce strategy organized by the Federal Ministry of Industry, Trade and Investment (FMITI) in Kaduna yesterday.


Mrs. Nonye noted that the country is the 38th largest e-commerce market before Pakistan and after Finland, with an expected annual growth rate of 12% from 2021 to 2025. Represented by the State Coordinator of NEPC, Kabir Yusuf, the DG said the workshop was important and timely, especially for Small and Medium Enterprises (SMEs) that export capital in large numbers in the export supply chain but lack the necessary knowledge.
of e-commerce.

While describing e-commerce as a powerful tool for growth and sustainable development in Nigeria, she noted that it has the potential to open up new opportunities, create jobs, and increase accessibility reach both local and global markets.


She urged participants to harness the power of e-commerce to promote innovation, entrepreneurship, and economic prosperity. Director, Department of Raw Materials and Exports, FMTI, Kaura Irimiya, represented by Ahmed Abdul, said the workshop aimed to harness the transformative power of digital trade as a catalyst for progress and economic development, mainly in an era where technological advances are disrupting traditional technologies Customs barriers. He said: “Available data shows that the current market opportunity for e-commerce in Nigeria exceeds 255 billion naira per annum, growing rapidly at 25% per annum and has attracted over 200 million dollars of foreign investment.
Furthermore, Commissioner of the Ministry of Business Innovation and Technology, Patience Fakai, represented by the Permanent Secretary of the Ministry, Dr.Yusuf Saleh, said that the COVID-19 pandemic has accelerated the transition process global to digital commerce.

Tags: businessnigeria
Vincent Amadi

Vincent Amadi

Related Posts

Peter Obi urges Northern leaders to invest in education to tackle poverty
National

Just In: I will contest for office of the President in 2027 — Peter Obi

1 day ago
Breaking: Gunmen kill 11 Ebonyi indigenes at Ogboji meeting in Anambra. Survivor recounts horror.
News

Breaking: Gunmen kill 11 Ebonyi indigenes at Ogboji meeting in Anambra. Survivor recounts horror.

6 days ago
Mohbad: Court Dismiss Mohbad’s Father’s Case Against Naira Marley, Sam Larry
News

Mohbad: Court Dismiss Mohbad’s Father’s Case Against Naira Marley, Sam Larry

6 days ago
Speed Darlington Rejects NAPTIP Summons, Denies Allegations of Rape and Cyberbullying
News

Speed Darlington Rejects NAPTIP Summons, Denies Allegations of Rape and Cyberbullying

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Wike’s telling lies on church pulpit while grabbing Abuja lands — Atiku’s Spokesman
National

Wike’s telling lies on church pulpit while grabbing Abuja lands — Atiku’s Spokesman

23 hours ago
Peter Obi urges Northern leaders to invest in education to tackle poverty
National

Just In: I will contest for office of the President in 2027 — Peter Obi

1 day ago
Tinubu, Brazil Forge Alliance to Boost Nigeria’s Agricultural Exports
National

Tinubu, Brazil Forge Alliance to Boost Nigeria’s Agricultural Exports

2 days ago
Legislature and judiciary servants of Tinubu, not independent, says Buba Galadima
National

Legislature and judiciary servants of Tinubu, not independent, says Buba Galadima

3 days ago
ASUU UNIJOS Declares Strike Over Unpaid June 2025 Salaries
National

ASUU UNIJOS Declares Strike Over Unpaid June 2025 Salaries

4 days ago
DHQ: Military Not Empowered to Offer Amnesty to Bandits or Terrorists
National

DHQ: Military Not Empowered to Offer Amnesty to Bandits or Terrorists

4 days ago

POLITICS

Keyamo Praises Governor Mbah, Urges Professionalism in Enugu Air Launch

Keyamo Praises Governor Mbah, Urges Professionalism in Enugu Air Launch

14 hours ago
2027 election: Tinubu might  get only 30 percent votes in northern Nigeria — Zainab Galadima

2027 election: Tinubu might  get only 30 percent votes in northern Nigeria — Zainab Galadima

23 hours ago
Coalition’s ADC takes over of PDP structures in North East

Coalition’s ADC takes over of PDP structures in North East

23 hours ago
Ebonyi State remains APC, we’re not afraid of coalition — APC chairman

Ebonyi State remains APC, we’re not afraid of coalition — APC chairman

2 days ago
Count me out of coalition defection rumour, I remain an APC member — Zulum

Count me out of coalition defection rumour, I remain an APC member — Zulum

2 days ago
Arewa Youths, NAN Slam El-Rufai, Amaechi Over INEC Allegations

Arewa Youths, NAN Slam El-Rufai, Amaechi Over INEC Allegations

2 days ago

YOUR ECONOMY

Senate Threatens Arrest of NNPCL Boss over missing N210 Trillion
Economy

Senate Threatens Arrest of NNPCL Boss over missing N210 Trillion

2 weeks ago
IPMAN: Dangote’s New Delivery Plan Will Bring Cheaper Fuel to Nigerians’s
Economy

IPMAN: Dangote’s New Delivery Plan Will Bring Cheaper Fuel to Nigerians’s

3 weeks ago
Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments
Economy

Enforce Transparent Pump Pricing, oil marketers Cheating Nigerians, PENGASSAN laments

3 weeks ago
PETROAN kicks against Dangote’s petrol distribution strategy
Economy

PETROAN kicks against Dangote’s petrol distribution strategy

3 weeks ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery Begins Distribution of Petrol Nationwide

3 weeks ago
Nigeria Stock Exchange to Partner with Hong Kong’s Stock market
Economy

Nigeria Stock Exchange to Partner with Hong Kong’s Stock market

4 weeks ago

E & P

Just In: Osimhen agrees on personal terms with Galatasaray, rejects Al Hilal €75m bid
Sports

Just In: Osimhen agrees on personal terms with Galatasaray, rejects Al Hilal €75m bid

by Steven Atogi
13 hours ago
0

Victor Osimhen chooses Galatasaray after turning down a more lucrative €75million offer from Saudi club Al Hilal.The Nigerian forward reportedly...

Breaking: Galatasaray submits €50m bid for Victor Osimhen

Breaking: Galatasaray submits €50m bid for Victor Osimhen

15 hours ago
Chelsea Target Arsenal’s Ethan Nwaneri Amid Contract Talks

Chelsea Target Arsenal’s Ethan Nwaneri Amid Contract Talks

3 days ago
Arsenal Close In on Madueke Transfer After Agreeing Personal Terms

Arsenal Close In on Madueke Transfer After Agreeing Personal Terms

3 days ago
Just In: Thomas Partey charged with rape and sexual assault

Just In: Thomas Partey charged with rape and sexual assault

4 days ago
Liverpool striker Diogo Jota and brother dies in ghastly car accident

Liverpool striker Diogo Jota and brother dies in ghastly car accident

5 days ago

YOUR THOUGHT & HISTORY

El-Rufai Plans New Party as ADC Backup Against APC Interference
Columns

The Shadow Strategist: El-Rufai, the Illusion of Power, and 2027’s Looming Reckoning

by Odini Brains
2 days ago
Columns

Kidnapped, Silenced, Vindicated: The Full Impact of Kanu’s Judgment

by Odini Brains
1 week ago
The Emerging Kogi: Economic Growth Impact Transforming Better Reality
Columns

The Emerging Kogi: Economic Growth Impact Transforming Better Reality

by Kiikpoye Karibo
2 weeks ago
ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
4 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
6 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Just In: Osimhen agrees on personal terms with Galatasaray, rejects Al Hilal €75m bid

Just In: Osimhen agrees on personal terms with Galatasaray, rejects Al Hilal €75m bid

July 7, 2025
Keyamo Praises Governor Mbah, Urges Professionalism in Enugu Air Launch

Keyamo Praises Governor Mbah, Urges Professionalism in Enugu Air Launch

July 7, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address