Despite the high expectations and hype around the Central Bank of Nigeria’s digital currency- the eNaira- major retailers and vendors in the country are yet to adopt it over four months after launch. Following months of…
South African retail company Shoprite has responded to the news making the rounds about their purported exit from Nigeria. According to the new report, Shoprite is not planning on leaving the country soon as they have…
South Africa’s grocery retailer, ShopRite, is leaving Nigeria 15 years after it opened shop in the West African country. Shoprite opened its first store in Lagos in December 2005. In a trading update filed at the…
Shoprite is exiting Nigeria after 15 years of being a part of Africa’s most populated country. The South African based retailer has reportedly begun the formal process of considering the potential sale of all or…
The Nigerian Police have arrested 125 looters involve in the recent attacks on South African businesses in the country and recovered loots from the suspects in Lagos. 125 looters have been arrested by the Lagos State…
The Nigerian government has pulled out of the World Economic Forum (WEF) on Africa, holding in Capetown, South Africa, on September 4-6. A Presidential source disclosed this in Abuja on Wednesday during a meeting…
The Police have beefed up security around Enugu and Kwara Shoprite Malls. Men of the Nigeria Police Force, Kwara Command, have taken over the Kwara Mall, housing Shoprite, and other businesses to prevent possible…
Popular Cleric, Apostle Suleiman has reacted to the looting of Shoprite and other stores across the nation yesterday, in apparent response to the Xenophobic attacks. He feels it shows our barbaric side by taking…
Through its National Biosafety Management Agency, the Federal Government of Nigeria has issued a seven-day ultimatum to retail store giants, Shoprite and Next Cash ‘N’ Carry to withdraw any product that contains…