RSNL has also disclosed that it would be reopening its Lekki store after a year of shut down… EKO HOT BLOG reports that the owners of Shoprite Supermarkets in Nigeria have closed the Franchise’s outlet in Maryland, Lagos State. Chairman of Retail Supermarket Nigeria Limited (RSNL), owners of Shoprite in Nigeria, Tayo Amusan, explained that … Read more
Commercial and private vehicle owners have experienced a heavy traffic around Amuwo-Odofin axis of Lagos. EKO HOT BLOG reports that as Lagosians try to move around in the spirit of the festive season, visiting friends and families and also going out to fun places, heavy traffic was experienced on 26th of Dec, 2021 around the … Read more
The vowed that Nigeria’s largest shopping franchise would remain shut until… As part of the bid to press home their demands, Shoprite workers on Friday embarked on a strike and shut down the company’s outlets across the country According to NAN, that Shoprite workers at Ringroad branch in Ibadan closed the outlet on Friday. Ekohotblog … Read more
By Simon Kolawole When Shoprite owners announced that they were selling their stake in the Nigerian market, many of us were baffled. Initially misunderstood to mean the South African food retailer was going to close its stores in the country, the development was clarified as a case of investors opting to sell the business to … Read more
Chief executive officer of Persianas Nigeria Limited, a property development company, Tayo Amusan has been touted as the favourite investor to become the major shareholder of Shoprite franchise. Shoprite, Africa’s largest food retailer, announced on Monday it is considering selling off its majority share in its Nigerian subsidiary. It said the move was part of … Read more
ShopRite has refuted publications in some conventional and online media outfits that it is planning to end its operations in Nigeria. The Country Director for Chastex Consult, Ini Archibong, made this known in a telephone interview with Vanguard. He explained that the company has just broadened it business operations to accommodate Nigerian investors whom he … Read more
South African Company, Shoprite Holdings Limited, has said it will sell off its outlets in Nigeria due to the COVID-19 pandemic effect. The megastore company with presence in virtually all states in Nigeria hinged this decision on the coronavirus pandemic which has disrupted major businesses globally. This was contained in the company’s “Operational and Voluntary … Read more