Nigerian Courier Sector Surges with N248bn Turnover Amid Logistics Boom

The Nigerian courier sector has seen a substantial increase in turnover to N248.14 billion in the first nine months of 2025, nearly doubling the growth rate from the previous year. This growth is attributed to the sector's pivotal role in Nigeria's economy, which is increasingly influenced by digital trade and logistics.

The sector recorded a 56.28% growth to N158.73 billion in the same period in 2024. Analysts credit this growth to the surge in e-commerce activities, intra-city dispatch services, and small-scale exports.

The sector's performance varied across quarters, with a significant drop in earnings in the second quarter due to heavy rains affecting travel and economic activities. Stakeholders acknowledge the sector's importance as a key indicator of economic recovery and consumer trade positivity.

The sector's resilience is evident despite challenges such as weather conditions impacting transport demand. Marcel Mba, an expert in logistics, highlights the sector's seasonal economic cycle and its impact on business operations.