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Posts tagged with "Retail Supermarkets Nigeria Limited"

Local company Ketron Investment acquires all of Shoprite's operations in Nigeria African News

Local company Ketron Investment acquires all of Shoprite's operations in Nigeria

LOCAL Nigerian company Ketron Investment backed by a group of institutional investors has purchased the assets and liabilities of South African retail chain Shoprite officially known as Retail Supermarkets Nigeria Limited (RSNL).   In August last year, Shoprite Holdings announced plans to auction off its network on Nigerian...
Shoprite plans to sell off its Nigerian retail outlets as Covid-19 lockdown hurts sales African News

Shoprite plans to sell off its Nigerian retail outlets as Covid-19 lockdown hurts sales

SOUTH African retail giant Shoprite Holdings has announced plans to auction off its network on Nigerian outlets and pull out of the country in response to a dramatic clump in sales as a result of the coronavirus pandemic.   Health-wise, Nigeria has been spared the worst of the global pandemic but economically, the country has...
 

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