Business

Shoprite Nigeria eyes expansion engages suppliers, partners

Ihesiulo Grace 26 October 2022 0

By Joy Obakeye Retail Supermarkets Nigeria (RSN) Limited, the owner of the supermarket chain, Shoprite Nigeria, says it is working towards expanding its retail outlet across the country by solidifying its ties with its key stakeholders. The retail supermarket chain, while hosting its first

Business Headlines

Shoprite leaves Nigeria, sells business to Ketron Investment

Ihesiulo Grace 3 June 2021 0

Shoprite Holdings has sold its Nigerian business to local buyer, Ketron Investment, it said on Wednesday, nearly 16 years after the South African retailer opened its first outlet in the country. Shoprite entered into a share purchase agreement with Ketron, a Nigerian company owned by a group of institutional investors led by property group Persianas, […]

News

Teenage prostitutes takeover shopping mall gate in Asaba

Ihesiulo Grace 8 May 2021 0

Nosa Akenzua, Asaba Teenage prostitutes have taken over the gate of Shoprite, a popular shopping mall in Asaba, the Delta State capital, where they eke out a living especially during nightfall. Investigation revealed that these teenage girls were seen clad in skimpy dresses with cigarettes on their left hands waiting for sex hungry men to […]

News

New ownership saga: Union urges Shoprite management to pay workers salaries

Ihesiulo Grace 3 March 2021 0

The National Union of Shop and Distributive Employees (NUSDE), Shoprite Ring Road Mall branch, Ibadan, has urged the management of the firm to pay off its workers before the change of ownership on April 1. The Chairman of the union, Mr. Williams Peter, stated this in an interview with the News Agency of Nigeria (NAN) […]

News

We are not leaving Nigeria – Shoprite

Ihesiulo Grace 3 August 2020 0

Shoprite, Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong, has said: “Shoprite is not leaving Nigeria”. “We have only just opened to Nigerian investors which we have also been talking to just before now. We are not leaving, who […]

News

5 things Shoprite’s exit means for Nigeria

Ihesiulo Grace 3 August 2020 0

News media is presently abuzz following an announcement by South African retail giants, Shoprite, that it may be pulling operations from Nigeria following poor financial returns in recent months. Shoprite, which broke into the Nigerian space in 2004, is Africa’s biggest supermarket; and, should they ultimately decide to pull the plug from the Nigerian space, […]

News

BREAKING NEWS: Shoprite plans to leave Nigeria

Ihesiulo Grace 3 August 2020 0

In a trading update filed at the Johannesburg Stock Exchange (JSE) on Monday morning, Shoprite, Africa’s largest food retailer said it was planning to discontinue its operations in Nigeria. Daily Times gathered that the retail giant, is planning to exit the Nigerian market after posting continuous losses from its operations in the West African country.  […]

News

Xenophobia:Take over South African-Owned Businesses- Oshiomhole to FG

Ihesiulo Grace 6 September 2019 0

In a bid to send a strong message to the South African authorities, the National Chairman of the All Progressives Congress, APC, Mr Adams Oshiomole, has called on the Federal Government to take over the South African businesses in Nigeria. Oshiomhole made the call at the end of an emergency National Working Committee, NWC meeting […]

News

Shoprite Unveils first brand ambassador in Nigeria

Ihesiulo Grace 14 August 2018 0

A store brand in Nigeria, Shoprite has made a policy summersault and appointed a Nigerian chef as brand ambassador. Shoprite announced a renowned Chef, Tolu Erogbogbo, who is better known as Chef Eros as the first ever brand ambassador in its 13 years in the country. The self-taught chef, who started selling chicken seasoned with […]

News Nigeria

Construction of city centre, Shoprite begins in Ogun

Ihesiulo Grace 11 January 2018 0

Construction of the proposed Ogun State City Centre has kicked off in Abeokuta, the Ogun State capital. The project will accommodate the shopping mall of Africa’s largest goods retailer, Shoprite, a twelve-storey banking facility, hotel, ampi-theatre and service apartment. Speaking when he visited the site Wednesday, the state Governor, Senator Ibikunle Amosun, said

Features

Why bread and confectionaries business are still dominated by foreign companies

Ihesiulo Grace 1 November 2017 0

Pastries, unarguably the most popular food in the country is a trending and high profit yielding business. It is very common to see people moving on a busy road and munching bread, doughnut or buns rather than stop over at eateries because it is time and saving, especially in times of economic recession like we […]

Brands and Marketing Business

Shoprite launches Made in Nigeria initiative

Ihesiulo Grace 30 March 2017 0

Shoprite Nigeria is reaffirming its commitment to locally manufactured products with the launch of its ‘Made in Nigeria’ initiative, a series of monthly meet-ups for local manufacturers, hosted by Shoprite to strengthen existing relationships with manufacturers of local products and identify new opportunities to showcase their goods both in Nigeria and abroad. The launch

News

Xenophobia: Kwara Students Condemn Attack on Nigerians

Ihesiulo Grace 22 April 2015 0

The National Association of Kwara State Students (NAKSS) and National Association of Nigerian Students (NANS) have condemned the attack on Nigerians living in South Africa. The students’ bodies expressed their condemnation in a joint press statement signed by NAKSS National President, Muhammed Lateef and NASS Chairman, Ibrahim Jeje. They believed that the xenophobic