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Shoprite sells Nigerian business to property company – Report

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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 […]

The post Shoprite sells Nigerian business to property company – Report appeared first on The Guardian Nigeria News – Nigeria and World News.

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