Challenges and opportunities in the implementation of electronic commerce: The case of Nigeria

This research paper examines the statistical significance of various problems in implementation of e-commerce solutions in business organizations in Nigeria. Nigeria has witnessed substantial progress in the field of ICT-related infrastructural development in the first decade of the 21st century. However, despite these positive developments and abundant resources, Nigeria has not been able to catch up with the pace of digital development as the rest of the world. This research paper attempts to identify the problems in implementing e-commerce in Nigeria. On the basis of analysis of data through hierarchical multiple regression modeling and multiple response analysis of the data, this study identifies the statistically significant problems in the implementation of e-commerce in Nigeria and outlines the key policy options that this country, can consider in formulation of policies to stimulate, support and maximize the effect e-commerce has on their economies.   Key words: E-commerce, problems, Nigeria, hierarchical multiple regression.