Editor’s note: In this article, Seun Adesina examines the positive impact of digital transformation on the informal trade sector leading to the creation of new opportunities for sustainable development. PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! The informal trade sector is made up of business es that are unregistered and neither taxed nor monitored by the government. Entrepreneurs in this sector mostly run micro or small businesses with the primary aim of making ends meet with little or no intention of expanding the scale of their business. For them, developing a careful strategy to grow their businesses is not a priority as long as they have a healthy customer base that is capable of keeping the business afloat. The informal trade sector has long been a key driver of economic growth, job creation, and entrepreneurship in Nigeria. Photo credit – Seun Adeola Source: UGC The informal trade sector has long been a key driver of economic growth, job creation, and entrepreneurship in Nigeria. The International Monetary Fund (IMF) reported that the informal sector contributed approximately 65% to Nigeria’s GDP in 2020. Recommended for you Fears of petrol price […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
