Shoprite Leaves Nigeria After 15 Years! While presenting its operational and voluntary update for 52 weeeks ended June 28, 2020, Africa’s retail giant Shoprite has declared it is leaving Nigeria 15 years after it began operation in Africa’s most populous country. In…

Nigeria Retail – The Exit Of A Giant   The Agonies of A Retail Giant “Almost impossible for any foreign company to do business there. Companies never know where they stand with the authorities and there are constant disruptions and distractions.” Africa’s…

Lagos State Government has seals 24 pharmacies and patent medicine stores in various parts of the state for illegal operation and operating beyond scope of pharmaceutical practice. This was disclosed in a statement issued on Sunday in Lagos by the state Commissioner…

Ghanaian-Nigerian Retail Business Faceoff Deepens! Nigerian and Ghanaian traders in Ghana face-off over the participation of foreigners in the retail business in the country deepened over the last few weeks with the Ghana Union of Traders Association pulling out of all dialogue…

Nigerian Traders Appeal to Ghana Government on GIPC Law. The Nigeria Union of Traders Association, Ghana, has appealed to the government of Ghana to intervene in the closure of shops belonging to their members. The appeal became necessary as members of Ghana’s…

LCCI SMEs Group Holds Annual Convention. The Lagos Chamber of Commerce and Industry (LCCI) Small and Medium Enterprises Group is set to hold its annual convention for year 2019. The convention is scheduled to hold Today, Wednesday the 27th of November, 2019…

Nigerian Beauty Sector Worth $4 billion Annually. The Nigerian beauty sector is projected to worth about 4 billion dollars annually. The disclosure was made at the Beauty West Africa exhibition (BWA) held recently at Landmark event center, Lagos by the organizer of…

Airline Founder Accused of Over $20 Million Bank Fraud. Allen Onyema, founder of a major airline in Nigeria has been charged with bank fraud and money laundering for allegedly moving more than $20 million from foreign sources through American bank accounts and…

Business Clinic Held by the Edo Government for SMEs As part of reforms by the Governor Godwin Obaseki-led administration to grow the local production capacity, the Edo State Government recently concluded a business clinic to train Small and Medium Enterprises (SMEs) on…