Shoprite Announces Closure of Abuja Branch Effective June 30

In a recent development, Shoprite Mall has revealed plans to shut down its branch located at Novare Central Mall in Wuse Zone 5, Abuja, effective June 30, 2024.

This decision was made public through a circular signed by CEO Dr. Folakemi Fadahunsi on Monday, June 24.

According to the mall, the closure is a result of a thorough assessment of the store’s financial status and the current state of the economy. Vendors have also been informed that their services will no longer be required at the store.

READ ALSO

• Defunct Diamond Bank founder, Pascal Dozie, dies at 85
• Wike Hosts Suspended Rivers Lawmakers in UK Amid State of Emergency in Rivers State
• Nigeria Exploring Opportunities Amid Trump’s Tariffs – Finance Minister Edun
• 2027: South East SDP Woos Obi, Atiku And Others; Affirm Support For Party’s Leadership
• Peter Obi, Gov. Otti fix April 9 for Labour Party’s NEC, stakeholders’ meetings

The circular stated that the company will no longer operate in Wuse, Abuja, and all existing service contracts tied to the Novare Wuse Central Mall Store will terminate. The company will review its accounting records over the next 60 days and contact vendors with outstanding balances to confirm amounts owed and discuss payment schedules.

Shoprite expressed gratitude for past business and offered assistance during the transition. This closure marks a significant development in the retail landscape of Abuja.