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‘We’re Not Leaving’ – Shoprite Reacts To Exit Rumour, Makes U-Turn

Shoprite ShopRite Nigeria has reacted to the story making the rounds that it intends to close shop in Nigeria. Recall that Punch had today stated that the company had concluded plans to exit the country. However, Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard said they are not leaving. He 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 leaves over a $30billion investment and…

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