E-business will spur growth of small companies, says Emeka Okafor

Nigeria will witness the growth of many small and medium enterprises in the coming years as a result of fast-growing technology in the country.

Many businesses will reach vast and diverse markets using electronic and ICT tools to leverage their operations.

Emeka Okafor, chief executive officer of connectnigeria.com, a resource and information search portal with headquarters in Lagos, made this disclosure recently while announcing Nigeria’s first ever e-business fair to be hosted by the company.

The e-business fair, which is aimed at promoting electronic operations and transactions among businesses via virtual networks, reinforces the cashless policy being implemented by the country’s apex bank.

Okafor explained that the e-business fair will highlight opportunities for efficiency, growth, and security with regard to doing businesses through electronic means.

The event, which will be held at Eko Hotel & Suites, Victoria Island, Lagos, on October 26, 2013, has as its theme, ‘e-Business and the Growth of Your Enterprise’. This highlights the strategic importance of ICT in the growth and development of businesses in the country.