Who Owns Shoprite in Nigeria?

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Who Owns Shoprite in Nigeria?

Have you been seeking answers to the burning question—“Who Owns Shoprite in Nigeria?” If Yes, we are ready to provide the answers you seek. In fact, guess what? Your search ends here! In a jiffy, you will find out the truth no one else has told you before about who is the owner of Shoprite.

Shoprite started full-scale operations in Nigeria 2005. It opened the first store in Victoria Island, Lagos. Not resting on its oars since then, Shoprite has gone ahead to open several other stores in most Nigerian cities such as Abuja, Enugu, Onitsha, Ilorin, Kano, Ibadan, and others.

Shoprite announced in August, 2015 that it would open 14 new stores in Nigeria within a spate of 20 months. And they have been true to their dream ever since.

shoprite-nigeria

Is Tinubu the owner of Shoprite?

No. Tinubu does not own a part or all the shares in Shoprite. It may sound strange to you. However, that is the truth. Yes, the gospel truth is that Shoprite Nigeria is but only a subsidiary of Shoprite Holdings Limited.

In other words, Shoprite has only a subsidiary in Nigeria. In actual sense, it is a South African country owned by the South African Billionaire, Billionaire Mr Christo Wiese. Now, with that vital piece of information, you now know Who Owns Shoprite in Nigeria.

 

 

The Biggest Shoprite In Nigeria

shoprite-lekki-mallNo doubt, Shoprite remains the biggest retail store in Nigeria and of course, Africa! So, what is now the biggest Shoprite in Nigeria?It is the Shoprite Novare Lekki Mall in Lekki, Lagos.

Shoprite has numerous subsidiaries in Zambia, Uganda, Namibia, Botswana, Madagascar, Angola, Congo DR, Congo, Swaziland, Mozambique, Lesotho, Ghana, Mauritius, and numerous other African countries. It also owns many franchising brands via her OK Franchise Division. Examples of these franchising brands include OK Foods, Sentra, OK Grocer, Enjoy, etc.

 

When was Shoprite established?

Shoprite was established in 1979

 

In Conclusion

Shoprite started full-scale operations in Nigeria 2005. It opened the first store in Victoria Island, Lagos. Not resting on its oars since then, Shoprite has gone ahead to open several other stores in most Nigerian cities such as Abuja, Enugu, Onitsha, Ilorin, Kano, Ibadan, and others.

Shoprite announced in August, 2015 that it would open 14 new stores in Nigeria within a spate of 20 months. And they have been true to their dream ever since.

Shoprite has only a subsidiary in Nigeria. In actual sense, it is a South African country owned by the famous South African Billionaire, Mr Christo Wiese. Now, with that vital piece of information, you now know Who Owns Shoprite in Nigeria

 

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