NEWS

Nigeria Ranks 3rd In Online Mobile Shopping

Published

7 years ago

July 1, 2016

Nigerian is ranked third in online mobile shopping worldwide, a report by Paypal has said. PayPal is the most popular way Nigerians pay for cross-border online purchases and 55 percent of Nigerian cross-border shoppers have used the platform for purchases in the past 12 months. According to PayPal, the country’s consumers spent N128.1 billion in 2015 via online shopping, targeting N172 billion by the end of this year.

PayPal’s General Manager Africa and Israel, Efi Dahan, who commented on the shopping trend said: “Nigerians are doing so wherever and whenever they want to, using their mobile devices as an essential shopping tool. “Nigerian online shoppers have realised that the world is their shopping mall when it comes to buying what they need and want. ‘’They are no longer limited to what they can buy domestically, and are confidently scouring the globe for great deals, more choice, high quality and premier brands,” According to the report, Nigeria is home to some of the keenest mobile shoppers on the African continent, and is also the third largest mobile commerce market in terms of incidence of mobile shoppers among the countries that participated in a recent research. With 72 percent of online consumers shopping on a smartphone in Nigeria, the country follows China (86 percent) and India (82 percent) in terms of incidence of shopping via smartphone.

A large majority of consumers pick smartphones to shop online both when shopping cross-border and locally in Nigeria. In terms of the value of this spending, consumers estimate that online mobile shopping accounts for 38 percent of their total online spend, and 36 percent of cross-border purchases. According to the forecasts, this trend is likely to continue.

Source: Vanguard.ng

Photo Credit: masterthenewnet.com

Related Topics:Nigeria Online mobile shopping PayPal

Up Next

President Buhari Apologizes To Senate.

Don't Miss

Actions Of AGF Disrespectful To Parliament- Senate

ENTERTAINMENT

Tiwa Savage’s New Single “Pick Up” Dropping Soon

Published

2 weeks ago

May 18, 2023

FAB.NG

The Nigerian music diva Tiwa Savage is back with a new hit single “Pick up” which will be dropping soon, after the amazing single which she featured sabi girl Ayra starr and Young jon, the artist is delivering another banger.

The artist shared the snippet of the music video for the new single which is quite amazing, and you will definitely want to listen to it.

See the video below.

View this post on Instagram

A post shared by Tiwa Savage (@tiwasavage)

ENTERTAINMENT

Pepsi Ready To Spice Up #AMVCA9 With Pepsi Confam Fashion

Published

2 weeks ago

May 18, 2023

FAB.NG

Pepsi Naija has confirmed the return of the Pepsi Confam Fashion back to the AMVCA 2023 Edition.

The Pepsi Confam Fashion is a huge fashion show for designers, runway models and so much more, it is all about glamour.

Pepsi Naija shared this amazing news via Instagram and fans can’t wait to see the show.

See the video below.

View this post on Instagram

A post shared by Pepsi Nigeria (@pepsi_naija)

ENTERTAINMENT

Shoot For “Hijack 93: The Mad Men & The Aircraft” Has Commenced

Published

2 weeks ago

May 17, 2023

Juliet Udoh

The upcoming movie “Hijack 93: The Mad Men & The Aircraft” have commenced its principal photography.

The amazing news was shared by Charles Okpaleke the co-founder and CEO of Play Network Africa via Instagram along with some pictures from behind-the-scenes, and the upcoming project certainly looks promising.

View this post on Instagram

A post shared by Charles Okpaleke (@charlesofplay)

The movie is based on a true-life story about some teenagers who hijacked a Nigerian airways plane headed to Abuja and diverted it to Niger due to the failed June 12th elections in 1993 which was an attempt to force the government to hand over power to MKO Abiola.

View this post on Instagram

A post shared by Charles Okpaleke (@charlesofplay)

Some cast for the project have been confirmed Idia Aisien and Jemima Osunde. The movie is supported by British Film Institute (BFI) also in collaboration with Play Network Studios and Native Media. The director is Robert O. Peters with Rogers Ofime and Agozie Ugwu as producers.