Shoprite discontinued its 16-year-old operations in Nigeria last June after struggling with supply chain disruptions and repatriation of funds caused by an acute dollar shortage in Africa’s largest economy.
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 Persianas Investment Ltd. This acquisition resulted from Shoprite International’s divestment of its Nigerian portfolio and a shif
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Seyi John Salau
Seyi John Salau is a BusinessDay Correspondent with interest in development journalism, which tells stories that connect the people, brands, and the government. SeyiJohn is also a media professional with BSc, Mass Communition (ACU); Masters of School Media (MSM, Ibadan) & MSc, Mass Communication (Caleb).
