ONE WORD

A shop assistant arranges products at the South African firm Shoprite’s main store in Nigeria’s commercial capital Lagos on April 29, 2010. REUTERS/Akintunde Akinleye   One of Africa’s largest supermarket chains, Shoprite, has begun a formal process to exit Nigeria. In a trading update published on Monday, the South African-based company said the decision was made after “approaches from various potential investors, and in line with our re-evaluation of the Group’s operating model in Nigeria.” The company said when it reports its results for the year, its business in Nigeria “may be classified as a discontinued operation.” The company’s Nigerian business posted a -6.3% decline in sales for the year ending June 2020, according to its Monday update. The company entered the Nigerian market in 2005 and its exit continues a trend of South African retail business struggling in Africa’s most populated nation. Mr Price, another South African retailer, announced plans to close its Nigerian busin

Big Big trouble for the operator of these Universities and her students. The National Universities Commission, NUC, has warned the Operators of 58 fake universities carrying out illegal operations at the moment in Nigeria. The commission also disclosed that it was investigating eight other universities for running illegal degree programs. Check If your School is there ….. 1. University of Accountancy and Management Studies, operating anywhere in Nigeria 2. Christians of Charity American University of Science and Technology, Nkpor, Anambra State or any of its other campuses 3. University of Industry, Yaba, Lagos or any of its other campuses 4. University of Applied Sciences and Management, Port Novo, Republic of Benin or any of its other campuses in Nigeria 5. Blacksmith University, Akwa or any of its other campuses 6. Volta University College, HO, Volta Region, Ghana or any of its other campuses in Nigeria 7. Royal University, Izhia, PO BOX 800, Abakaliki, Ebonyi State or any of its ot