The exit of a foreign company like Shoprite from Nigeria is no longer news. This has become the norm despite Nigeria’s massive youthful population and
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Shoprite Holdings Limited, the parent company of Shoprite stores in Nigeria, says it has concluded plans to sell its Nigerian unit but is expecting ap
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Sportswear company Nike has bested other big names in the sportswear industry in revenue, raking in $37.4 billion for the 2020 fiscal year. This was g
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UAC of Nigeria, UACN, Plc has reported Profit after Tax of ₦3.8 billion for the full year period ended December 31, 2020, according to the unaudited r
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Members of the organised private sector in Nigeria (OPSN) says they require more information on how they can participate in the African Continental Fr
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The African Business Council, AfBC, says trading under the African Continental Free Trade Area (AfCFTA) presents enormous business opportunities for
Read MoreThe Federal Government has started making moves to boost non-oil export through its N50bn Export Expansion Facility created to protect export business
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Blockchain technology has a prominent place in the modern digital world but a lot of people still can’t operate it. If you are new in the cryptocurren
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Shoprite Zambia celebrated its 25th birthday in the country with great generosity. The retailer handed over 25 red single cab Isuzu D-MAX pick-ups to
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Technology keeps advancing year after year, improving the way we live and do business. One of the best things that technology is changing is the finan
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Workers at Amazon logistic centers in Germany and Spain staged strikes on Friday, walking off the job on Black Friday, the discount spending spree tha
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As Quickteller introduces Global Mall, new intuitive website Nigerian customers can now shop directly from over 100 international stores, including Am
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Billionaire Jack Ma, Alibaba Group Holding Ltd’s co-founder and executive chairman, is retiring from the company. Ma was quoted by the New York Times
Read MoreAfrica’s biggest grocer, Shoprite yesterday reported its first annual earnings decline in 19 years for the year ended July 31, due to currency devalua
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Retail giant, Walmart Inc said it is introducing a 3D virtual shopping tour on its website that would help customers browse and choose items for their
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Amazon.com Inc said it would offer incentives to entice entrepreneurs to set up their own small package-delivery businesses as part of Amazon’s latest
Read MoreWalmart Inc (WMT.N) said it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperf
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Google is set to invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast
Read MoreRetail giant, Walmart Inc (WMT.N) has asked a court to block a former top tax executive from joining Amazon.com Inc (AMZN.O), saying the move would vi
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Retail giant, ebay Inc will sell products on a relatively new Middle Eastern e-commerce venture, founded by a Dubai billionaire, from the second half
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