Thursday, 19th May 2022
Breaking News:


25 Jan
In June 2021, Shoprite’s Nigerian operations were taken over by Ketron Investment Limited, a Nigerian company owned by a group of local investors led by property firm
19 Dec
When news broke last year that Shoprite, Africa’s largest grocery retailer, was selling off its stake in Nigeria, the announcement sent shock waves around the country.
25 Sep 2021
Access to the market is a serious challenge for many women-owned small businesses in Nigeria. This challenge seriously hinders their business growth, expansion and sustainability
2 Jun 2021
Ketron Investment Limited, a Nigerian company owned by a group of local investors led by property firm Persianas Investment Ltd, has completed the acquisition of Shoprite Holdings Limited. With the acquisition, Shoprite, Africa's largest food retailer, has completed exiting the Nigerians market 16 years after it opened its first outlet. Ketron in a statement said…
14 Apr 2021
A Nigerian property company will be taking over Shoprite's local business in Nigeria, Reuters reported on Wednesday, citing multiple sources. Persianas is buying Shoprite’s Nigerian business after the South African retailer decided to retreat from other African markets. Shoprite, with more than 2,300 stores across Africa, is awaiting regulatory approval on the sale of its…
3 Apr 2021
The Kwara command of the Nigeria Police Force has deployed some of its personnel to the Ilorin branch of Shoprite, a South African store operating across cities, over continued protests by staff of the grocery shop. A Correspondent of the News Agency of Nigeria (NAN) who visited the Kwara Mall, housing the store along Fate…
2 Mar 2021
Protesting Shoprite staff inside the Ikeja City Mall and Festival Mall, located just outside FESTAC, have locked down the shops over welfare issues. "We are here to fight for our rights - our payoffs and compensation," a male Shoprite staff told The Guardian on Tuesday. "We say no to modern-slavery," says one of the notices…
1 Dec 2020
Popular stockist of consumer goods, retail supermarkets Nigeria Limited trading as Shoprite, has been sued over alleged breach of contract.
27 Nov 2020
The Kano State Hisbah Board has directed immediate suspension of the yearly ‘Black Friday’ promo by popular shopping mall, ShopRite, in the state.
20 Nov 2020
As shop owners seek succour after the wanton destruction and looting spree that followed the #EndSARS protest hijacked by hoodlums on October 20, Adeniran Ogunsanya Shopping Mall Surulere
4 Aug 2020
While the announcement of the imminent exit of South Africa’s retail giant, Shoprite, from Nigeria may have come to many as a surprise, available data have shown that weakness in purchasing power
3 Aug 2020
South Africa's grocery store, ShopRite, is set to leave Nigeria, Africa's biggest market, after operating in the country for a period of 15 years. In a statement on Monday, the company said it has been approached by potential investors willing to take over its Nigerian operations. So, it is considering an outright sale of its…


46 mins ago
DUBAI, United Arab Emirates, 19 May 2022 -/African Media Agency(AMA)/- Bybit, a cryptocurrency with the second largest BTC Futures exchange by open interest, launched its new Liquidity Mining on May 19, 2022.Bybit users will have access to three liquidity pools: Bitcoin (BTC), Ether (ETH), and BitDAO (BIT), all paired with Tether (USDT). The pools will allow…
50 mins ago
Fenty beauty mogul Rihanna has welcomed a baby boy with her partner A$AP Rocky. TMZ reports that the couple's first child together was born on May 13 in Los Angeles. However, the baby's name is yet to be confirmed. The new parents were last spotted dining out together for the first time since Rocky's arrest…
1 hour ago
Rapper MI Abaga and music journalist Joey Akan have entered into a battle of words following Da Baby's visit to Nigeria.  For more context, MI had revealed that he was denied access to Rick Ross during the rapper's visit to Nigeria via Twitter. His tweets came moments after Ycee called out organisers of the American…
2 hours ago
In a new episode of The Kardashians, reality tv star Kim Kardashian opened up about finding out the results of her baby bar exam outside franchise restaurant Red Lobster. In the show's latest episode, Kim, her daughter North and KKW Beauty chief marketing officer Tracy Romulus and her kids, Remi and Ryan, walked out of…
2 hours ago
The Bauchi office of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will continue to ensure the availability of petroleum products to filling stations in the state.