Nigeria’s Listing As 20 Fastest Growing Economies Attributed To e-Commerce
According to latest survey released by New York based financial newswire service, Bloomberg, Africa’s largest economy Nigeria has been ranked among 20 fastest growing economies in the World. Leading online shopping community Kaymu.com.ng has attributed Nigeria’s listing to the upshot of e-commerce in the country.
In an accompanying chart by Bloomberg, Nigeria with an expected growth rate of 4.9% was ranked sixth behind China (7%), the Philippines (6.3%), Kenya (6%), India (5.5%) and Indonesia (5.4%).
Managing Director of Kaymu, Evangeline Wiles, in a statement released by the company, said, “Nigeria’s e-commerce space is the fastest growing in Africa contributing a monthly spend …read more