NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Shoprite shifts focus to Southern Africa after exiting Nigeria, other West African markets

AFTER withdrawing from several West African markets, including Nigeria, Shoprite Holdings has intensified its focus on Southern Africa, using strong regional demand and fast-growing digital sales to sustain expansion despite a difficult retail environment. The continent’s largest retailer reported merchandise sales of R136.8bn ($8.4 billion) for the six months ending December 2025, representing a 7.2 […]

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