Nigeria's leading finance and market intelligence news report.

Shoprite’s exit, like 10 others, signals more job crisis for Nigerians

With at least 20,000 jobs at risk, Shoprite’s decision to join 10 other major multinationals tip toeing out of Africa’s largest market after 16 years is a clear signal of how bad Nigeria’s unemployment rate will be in the coming months ahead. The decision comes at a time Nigeria’s economy is struggling as jobless rate…

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