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Wednesday, 5 January 2022
Buhari: Why I Won't Mention My 2023 Successor
Friday, 7 August 2020
Shoprite Sacks 115 Staff,Shut Down Second Branch In Five Months
Barely three days after announcing a planned divestment from of its Nigerian operation, Shoprite Holdings has informed workers’ union in Kenya that it will be laying off 115 staff effective August 31, 2020.
The job cuts follow the closure of City Mall branch in Nyali, Mombasa, the second branch to be closed in Kenya within a period of five months. Shoprite has cited reduced patronage for its decision to close down the outlets.
According to a report, Shoprite sent a notice to the Kenya Union of Commercial Food and Allied Workers (KUCFW). Part of the notice said:
“Endeavour to continue trading at the Nyali branch is no longer viable. Financial and other data will be provided and discussed at a proposed meeting. It is contemplated that the intended date of termination on account of redundancy will be August 31, 2020. There are currently 115 persons employed at the branch of which 92 are members of KUCFW.”
More details: Earlier in April, Shoprite had also closed Karen Branch, Nairobi, laying off no less than 104 workers in the process. These closures will most likely constrain Shoprite’s expansion efforts across the East African country.
Nairametrics understands that Shoprite opened operations in Kenya back in 2018, with hopes of taking advantage of the country’s disorganised retail sector. Unfortunately for Shoprite, it has recently had to combat increased competition from cash-rich retailers such as Naivas and Carrefour.
Note that other smaller competitors in the country have also had to close branches due to lack of profitability.
Meanwhile, Shoprite recently had to deal with a lawsuit from the billionaire Muguku family, which owns Waterfront Mall. The Muguku family was seeking Sh520 million in lost rent after the retail chain cut short its tenancy at the mall.
The Backstory: The retail giant announced on Monday that it will divest from its business operations in countries outside South Africa, due to low profitability. An internal memo sent to its staff in Nigeria on July 31, 2020, disclosed that the new owners of the Nigerian subsidiary will work with the management to drive the expansion plans in Nigeria.
The company has been reviewing its long-term options in Africa after currency devaluations, supply issues, and low consumer spending in Angola, Nigeria, and Zambia began to weigh on earnings.
There are speculations and fears that this new move in Nigeria could result in job cuts, especially if the new owners decide to make adjustments to the business model.
Tuesday, 28 July 2020
Gas explosion kills one in Lagos
Usman Bello, a 30-year-old man was killed while three others were injured in a gas explosion that occurred at Palmgroove Estate, Shomolu area of Lagos state, on Monday.
Olufemi Oke-Osanyintolu, director-general of the Lagos State Emergency Management Agency (LASEMA) who confirmed the accident, said the three injured people had been hospitalised.
Oke-Osanyintolu said the agency received an emergency call at about 6pm that a gas explosion had occurred at 13C Palmgroove Estate, Cappa Avenue.
According to him, upon arrival at the scene of the incident, a gas cylinder used in filling an outdoor air conditioner split unit of a storey building exploded as a result of gas leakage from the cylinder.
“This accident result in the death of a 30-year-old male, Usman Bello, while the other three men sustained different degree of injuries.
“The LASEMA response team, the Nigeria police and the Lagos State Fire Service are responders at the scene of incident,” he said.
“All the occupants in the building which belong to Mr Dayo Shofolawe, have been evacuated. The scene of the incident has been cordoned off to prevent any secondary incident.”
He asked the residents not to enter into the premises because there were visible cracks on the walls and pillars, adding that recovery operation was still in progress.
Wednesday, 22 July 2020
Oyo announces school resumption date, cancels third term
As a result it has approved measures that would guide the resumption of schools and associated educational activities in the state.
2020/21 academic session, according to the calendar indicates that the first term would hold between September 21 and December 18, while second term holds January 11 and April 9. The third term will be between May 3 and July 30.
Tuesday, 21 July 2020
774,000 Jobs:Nigerian Senate Holds Session Over Commencement Of Job
- On their part, the lawmakers accused Keyamo of hijacking the programme from the National Directorate of Employment after getting N52bn approval from the legislator to carry out the public works programme.
Sunday, 19 July 2020
COVID-19:ASUU advises FG to lockdown schools until 2021
Friday, 17 July 2020
Just In: FG rolls out guidelines for schools reopening amid COVID-19
Minister of State for Education, Hon. Chukwuemeka Nwajiuba, who stated Friday in his office in Abuja, said the Ministry, having consulted widely, in collaboration with Federal Ministry of Health, Nigerian Centre for Disease Control,(NCDC), the Education in Emergencies Working Group, developed and circulated guidelines for the reopening of schools.
According to the Minister, school owners are to prepare and comply with the guidelines.
The information was contained in a statement signed by Ben Bem Goong, a director of information in the education ministers office.
Hon. Nwajuiba said, schools are to undertake self-assesment and send feedback to State Ministries of Education, not later than 29th July, 2020.
He stated that thereafter, consultations with relevant stakeholders will be held to review the situation and decide on a specific date for reopening or otherwise.
The statement recalled that though the Minister having taken the painful but necessary decision not to reopen schools without necessary preparations to ensure the safety of students and teachers, the Federal Ministry of Education has continued consultations with stakeholders, to evolve a mechanism in order for it “to assess and monitor compliance shall be put in place. ”
According to the Minister, since Tuesday last week, the ministry “have consulted widely with stakeholders in the sector, including Commissioners of Education in all the states of the federation, the Association of Private School Owners of Nigeria,(APSON), National Association of Proprietors of Private Schools,(NAPPS), Provosts of Colleges of Education, Rectors of Polytechnics, Vice Chancellors of Universities, some State Governors, and development partners. ”
On the conduct of the West African School Certificate Examination(WASCE), Hon. Nwajuiba said we the ministry met with WAEC on Monday and have agreed to further consult with four other countries on a new examination date.
Said he,”We appreciate the concern shown by all stakeholders and note the divergent views expressed on the matter."
He urged parents to be rest assured that ” the safety of our students and teachers is paramount as we work assiduously towards speedy reopening of our schools for the exit classes to take external examinations. ”
Wednesday, 8 July 2020
Just In: FG reverses plan to re-open schools
- Details later…
Kogi swears in new chief judge
Tuesday, 7 July 2020
Senate tells FG to name Ibadan airport after Ajimobi
WAEC exams will commence August 4-Nwajuiba
Monday, 6 July 2020
FG To Shut Third Mainland Bridge For Six Months
FG To Shut Third Mainland Bridge For Six Months
Sunday, 5 July 2020
COVID-19: Abiodun extends weekend lockdown by two weeks
In a press statement yesterday, Kunle Somorin,chief press secretary to Governor Dapo Abiodun said the position was informed by governments resolve to guarantee public safety and maintain it’s efforts to ” flatten the curve of the dreaded COVID-19 virus in the State.
The Statement noted that available data and opinions of experts continue to indicate that the fight against the virus is far from being won.
Below s the full statement:
Consequently, we are extending our current Phase of eased restrictions for another two weeks. As usual, we will continuously review and modify the guidelines in response to data from the field and expert opinions.
Kunle Somorin
Chief Press Secretary to the Governor, Ogun State.



