South African retailer Pick n Pay announced plans to exit Nigeria, selling its 51% share in a joint venture with A.G. Leventis (Nigeria). L
This decision is part of a broader strategy to consolidate operations outside its home market.
Pick n Pay, which entered Nigeria fewer than five years ago and operates two stores there, joins a growing list of international companies leaving the country due to increasing challenges to business operations.
Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.