சில்லறை பல்பொருள் அங்காடிகள் நைஜீரியா லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from சில்லறை பல்பொருள் அங்காடிகள் நைஜீரியா லிமிடெட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In சில்லறை பல்பொருள் அங்காடிகள் நைஜீரியா லிமிடெட் Today - Breaking & Trending Today

Shoprite deal awaits FCCPC approval as parties agree to franchising arrangement with Persianas

Shoprite Nigeria is awaiting FCCPC approval to conclude its sale to Nigerian property development company, Persianas. Nairametrics reported last year that Shoprite South African holdings was looking to spin off its Nigerian assets as it moves to decouple struggling businesses outside South Africa. Shoprite also sold off its interest in Kenya.
According to sources with knowledge of the matter, the Nigerian sale is awaiting regulatory approval from FCCPC an acronym for the Federal Consumer Competition Protection Commission, a relatively new regulatory body that wields enormous power including approving mergers and acquisitions that affect the interest of consumers. It is unclear how long the transaction will take to be consummated. ....

South Africa , April Nairametrics , Consumer Protection Council , Consumer Competition Protection Commission , Retail Supermarkets Nigeria Ltd , Consumer Protection Commission , Shoprite Nigeria , Shoprite South African , Nigerian Federal Competition , Federal Competition , Palms Shopping , நுகர்வோர் ப்ரொடெக்ஶந் சபை , சில்லறை பல்பொருள் அங்காடிகள் நைஜீரியா லிமிடெட் , நுகர்வோர் ப்ரொடெக்ஶந் தரகு , கடை நைஜீரியா , நைஜீரியன் கூட்டாட்சியின் போட்டி , கூட்டாட்சியின் போட்டி , உள்ளங்கைகள் கடையில் பொருட்கள் வாங்குதல் ,

Shoprite sells Nigerian supermarkets, set for December exit

South African-owned retail giant, Shoprite, is edging closer to leaving Nigeria following the disposal of a 100% equity stake in its Retail Supermarkets Nigeria Ltd subsidiary.
The company first announced in August 2020 that it was discontinuing operations in Nigeria, citing a reevaluation of its operating model.
The retailer has now announced in its latest financial report that the terms of sale have been concluded, and awaiting the approval of the Nigerian Federal Competition and Consumer Protection Commission (FCCPC).
The company expects the transaction to be approved by the end of the 2021 financial year after which it will make a clean break from Africa s largest market after 16 years. ....

Retail Supermarkets Nigeria Ltd , Consumer Protection Commission , South African Owned , Nigerian Federal Competition , சில்லறை பல்பொருள் அங்காடிகள் நைஜீரியா லிமிடெட் , நுகர்வோர் ப்ரொடெக்ஶந் தரகு , நைஜீரியன் கூட்டாட்சியின் போட்டி ,