IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE GROWTH OF INFORMAL TRADE AMONG LOCAL ECONOMIES IN ENUGU STATE

This study empirically examined the impact of Information and Communication Technology (ICT) on local economy in Nigeria, using informal trade in selected communities in Enugu State. Survey method data was used and data was generated from 360 informal traders. The study applied descriptive statistics method. The finding shows that on the average, 208 (representing 21%) informal traders utilized the bank in transacting businesses, 7 (representing 1%) informal traders utilized the courier services in transaction of businesses, 360 (representing 35%) informal traders utilized the phone for businesses, 328 (representing 32%) informal traders utilized the waybill, while 114 (representing 11%) informal traders utilized other means of ICTs in transacting businesses.