The Federal High Court in Lagos has made an order of mareva injunction stopping Shoprite Checkers (PTY) Limited from disposing of or transferring its assets out of jurisdiction over a…
Tag: Shoprite
Meet the Nigerian who is set to buy Shoprite’s Stake
Nigerians woke up to the Monday morning news that Shoprite, Africa’s largest food retailer, is nursing plans to sell off its outlets in the country. It was later clarified that the…
We are expanding in Nigeria, not leaving, Shoprite makes clarification
Shoprite Nigeria has made clarification regarding the ‘misinformation’ making the rounds that it has commenced a formal process to sell off its outlets in Nigeria and leave the country. The…
Just in: Shoprite begins process to sell off its outlets and exit Nigeria (Details)
Shoprite Holdings Limited, has revealed that it has commenced plans to auction off its outlets in Nigeria. The South African retail megastore company with presence in most Nigerian cities hinged…