Exploring the Legal Framework for E-Commerce in Nigeria with Insights from UK and Malaysia

Abstract

E-commerce in Nigeria is rapidly growing fueled by technological advancements, increasing internet penetration and a growing acceptance of digital transactions among consumers. However, this robust market requires specific laws to address the challenges associated with online shopping. This study reviews the laws governing electronic commerce in Nigeria. The study also examines the Malaysia and the UK laws having the goal of offering a valuable reference from which Nigeria can benefit. The work found that Nigeria has no specific ecommerce laws and multiple laws across different sectors which create inconsistencies leading to enforcement challenges, while the UK, has robust laws and consumer protection, which leads to online transaction security. Malaysia has stringent laws governing internet transactions, protecting consumers, and promoting ecommerce security. The study suggests that Nigeria should implement a comprehensive legal framework to support the growth of online commerce and build investor confidence in its online marketplace.