Gone are the days Nigerians had to physically go to the market to buy phones and other electronics. Several reports have shown Nigeria to be the prime destination for ecommerce in Africa and multinationals are taking advantage of this development. Recently one of Nigeria’s online store (Konga.com) was acquired, the transaction reportedly involved millions of USD. Online business also account for the most retail transactions in Nigeria presently. KPMG projects that the annual growth rate of ecommerce in Sub-Saharan countries will be 40% through 2025, while Nigeria’s middle class is projected to increase three-fold through 2030, according to PWC. This growth, combined with Nigeria’s high proportion of potential online shoppers, at 89% of all internet users, according to a study commissioned by PayPal, contribute to why Nigeria is widely accepted as the biggest ecommerce hub in Africa.
Another major development is the uptake of internet and smartphone usage, for example 71% of online shoppers in Nigeria are on major ecommerce platforms over mobile devices, also 51% of online shoppers with smartphones complete a purchase at least once a month.
Presently some of the major ecommerce sites in Nigeria include: Slot Nigeria, , Konga.com, kara.com.ng, Yudala.com, etc.
This part of the articles examines Slot Nigeria (also called slot phones). The review looks at the following: (1) Source of products sold (2) Variety of product available. (3) Online payment availability, 4. Physical shops to buy directly 5. Customer Care

Read full review here:
https://campusbizng..com.ng/2018/02/e-commerce-nigerian-online-phone-stores.html