{"id":274,"date":"2020-08-03T16:19:00","date_gmt":"2020-08-03T15:19:00","guid":{"rendered":"https:\/\/alimoshotv.com\/index.php\/2020\/08\/03\/shoprite-debunks-exit-rumour-says-we-are-not-leaving-nigeria\/"},"modified":"2020-08-03T16:19:00","modified_gmt":"2020-08-03T15:19:00","slug":"shoprite-debunks-exit-rumour-says-we-are-not-leaving-nigeria","status":"publish","type":"post","link":"https:\/\/alimoshotv.com\/index.php\/2020\/08\/03\/shoprite-debunks-exit-rumour-says-we-are-not-leaving-nigeria\/","title":{"rendered":"ShopRite debunks exit rumour, says we are not leaving Nigeria"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><a href=\"https:\/\/1.bp.blogspot.com\/-AaHLsSVVI6M\/XygrFxqpJVI\/AAAAAAAAITw\/NRfoSWxcsU8gF5e677h-sF6WDRqQiYvFgCNcBGAsYHQ\/s641\/A3396CC0-9C05-4839-A80A-95A941EC35EE.jpeg\" style=\"margin-left: 1em; margin-right: 1em;\"><img decoding=\"async\" border=\"0\" data-original-height=\"641\" data-original-width=\"480\" height=\"640\" src=\"https:\/\/1.bp.blogspot.com\/-AaHLsSVVI6M\/XygrFxqpJVI\/AAAAAAAAITw\/NRfoSWxcsU8gF5e677h-sF6WDRqQiYvFgCNcBGAsYHQ\/s640\/A3396CC0-9C05-4839-A80A-95A941EC35EE.jpeg\" \/><\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>ShopRite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria.<\/div>\n<div><\/div>\n<div>The Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard, said: \u201cShoprite is not leaving Nigeria.<\/div>\n<div><\/div>\n<div>\u201cWe 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 invest and close shop? It doesn\u2019t sound right.<\/div>\n<div><\/div>\n<div>\u201cWe only just given this opportunity to Nigeria investors to come in and also help drive our expansion plan in Nigeria. So we are not leaving.<\/div>\n<div><\/div>\n<div>\u201cI have tried to say this as too many people as I can. There should be no panic at all and all of that. There is no truth in that report.\u201d<\/div>\n<div><\/div>\n<div>Recall that reports have been circulating that the retail outlet has started a formal process to consider the potential sale of all or a majority of stake in its supermarkets in Nigeria.<\/div>\n<div><\/div>\n<div>The report said the retailer had struggled in the Nigeria market after some South African owned retailer shops exited the Nigeria market.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ShopRite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard, said: \u201cShoprite is not leaving Nigeria. \u201cWe have only just opened to Nigerian investors which we have also been talking to just before now. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[1],"tags":[],"class_list":["post-274","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ShopRite debunks exit rumour, says we are not leaving Nigeria - Alimosho TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alimoshotv.com\/index.php\/2020\/08\/03\/shoprite-debunks-exit-rumour-says-we-are-not-leaving-nigeria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ShopRite debunks exit rumour, says we are not leaving Nigeria - Alimosho TV\" \/>\n<meta property=\"og:description\" content=\"ShopRite Nigeria has debunked the story making the rounds that it intends to close shop in Nigeria. The Country Director for Chastex Consult, Ini Archibong, in a telephone conversation with Vanguard, said: \u201cShoprite is not leaving Nigeria. \u201cWe have only just opened to Nigerian investors which we have also been talking to just before now. 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