Shoprite is exiting Nigeria after 15 years

Shoprite set to close down operations in Nigeria

Shoprite is exiting Nigeria after 15 years

Shoprite, Africa’s largest FMCG retailer is exiting the Nigerian market after 15 years.

The retailer based in Cape Town has started a formal process to consider the potential sale of all or a majority stake in its supermarkets in Nigeria.

It revealed this in a trading statement released for the 52 weeks to end June.

Shoprite is exiting Nigeria after 15 years

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