Shoprite Archives

South African billionaire Wiese sells Shoprite shares worth $49.5m

Lagos court bars Shoprite directors from selling assets over debt

A Federal High Court sitting in Ikoyi, Lagos, has barred Shoprite’s directors from selling any of the company’s shares or assets until the judgment debt is fully settled. The court further directed the directors to declare all the company’s movable and immovable assets to the judgment creditor, according to TheCable. Ambrose Lewis-Allagoa, the presiding judge, […]

monwubukepdnlimited-com
27th April 2026
0 Comments
134 Views

Business

Shoprite secures fresh investment to drive growth

Retail Supermarkets Nigeria Limited, operator of Shoprite in Nigeria, has secured new investor backing, signaling confidence in its long-term prospects and commitment to the local market. In a statement on Friday, the company said the fresh funding strengthens its capital base, enabling it to accelerate its turnaround strategy and usher in a renewed growth phase […]

monwubukepdnlimited-com
20th September 2025
0 Comments
279 Views

News

Enugu govt shuts down ShopRite, SPAR, others overtax evasion

Enugu State Internal Revenue Service has taken a stern measure against major supermarkets in the state, including ShopRite and SPAR, by sealing their outlets over allegations of failure to remit purchase tax to the government despite several warning notices. ESIRS officials, during an enforcement drive on Tuesday morning, also targeted other malls, including Roban and […]

bfatoyepdnlimited-com
5th March 2024
0 Comments
299 Views

Business

South African billionaire Wiese sells Shoprite shares worth $49.5m

A South African billionaire and Shoprite’s largest stakeholder, Christoffel Wiese, with an 11.58% interest that was formerly valued at over $900 million as of September 10th, has made the decision to sell Shoprite shares worth $49.5m The Times reported that this is in accordance with a notice posted on their website. His $1.1 billion fortune, which […]

bfatoyepdnlimited-com
16th October 2023
0 Comments
387 Views

FG threatens actions against MTN, Airtel, others over

MAN urges FG to guarantee steady crude supply

Crude supply to local refineries hits 58.8m barrels

17 Americans, others evacuated from cruise ship after

Contact Info

Some Populer Post

NPA ex-workers lament low N30,000 pension despite years of

FG threatens actions against MTN, Airtel, others over poor

Microsoft data centre project in East Africa delayed over

SERAP urges Tinubu to probe missing ₦26.9bn USPF funds

Tag: Shoprite

Lagos court bars Shoprite directors from selling assets over debt

Shoprite secures fresh investment to drive growth

Enugu govt shuts down ShopRite, SPAR, others overtax evasion

South African billionaire Wiese sells Shoprite shares worth $49.5m

NPA ex-workers lament low N30,000 pension despite years.

FG threatens actions against MTN, Airtel, others over.

Microsoft data centre project in East Africa delayed.

SERAP urges Tinubu to probe missing ₦26.9bn USPF.

Sign Up for Our Newsletter