- South African retailer giant Pick n Pay has announced plans to leave Nigeria by selling its stake in A.G. Leventis
- The decision comes less than 5 years after it entered the market with so much promise and excitement
- Pick n Pay’s exit follows other multinationals like GSK and PZ Cussons that have been faced with challenging business environments
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
South African supermarket chain Pick n Pay has announced it will exit Nigeria, marking another retreat from the Nigerian market by a major foreign business.
