CATEGORY: Latest Insights | News
Microsoft Sets September 15 Deadline for the Acquisition of TikTok, As ByteDance Bows to...
As the United States government intensifies pressure on TikTok to cut off ties with China or get booted out, the parent company, ByteDance has...
Shoprite Lost to Naira, Not To Any Competitor, Online or Physical
Shoprite came to Nigeria in Dec 2005 when Naira was about N127 to a dollar; the South African Rand was about 7 rand to...
Why Shoprite is Leaving Nigeria
Looking at the financial records (see here) of Shoprite, the company is not doing bad in Naira. Reported sales dropped 6.7% for H2 ended...
Open Markets and Naira Devaluation Kill Shoprite Nigeria
Running a supermarket in Nigeria is very challenging. Then, running a supermarket chain like the Shoprite model may be hopeless. The reason is evident:...
Shoprite Begins Process to Exit Nigeria
Shoprite, the biggest retail supermarket in Africa, is reportedly leaving Nigeria after 15 years, according to the statement issued by the retail company on...