Outdated websites and lack of regulation hinder E-Commerce growth in Nigeria
Electronic commerce (E-commerce) can help small and medium businesses in Nigeria compete with larger companies. A study in Lagos, Abuja, and Enugu found that SMEs face barriers like lack of regulations, technical skills, and infrastructure for e-commerce. Most SMEs only use basic e-commerce tools like emails and outdated websites. This shows the need for better support and resources to help SMEs adopt e-commerce successfully.