Weak Naira: 'Truworths' Pulls Out of Nigeria

-




  1. A South African firm, Truworths, has pulled out of its Nigerian business due to high rentals and import restrictions, its chief executive said on Thursday.

    Truworths ran two high end stores in the West African oil-producing country.


    "We were unable to operate the stores properly any longer because we were unable to send merchandise to the stores because there's regulation preventing that," Michael Mark said.

Comments

Post a Comment

Popular posts from this blog

'i am not ashamed of menstruating' Singer Fantana Respond to Flashing her sanitary Pad on stage

-
Image
Following the backlash that trailed her performance at Shatta Wale's Reign Concert over the weekend, Ghanaian singer,  Fantana  has now released a statement.  The singer stated that she is not ashamed of being a woman and also mesntruating. Her statement read in part;  "Regardless of my costume being transparent, my only option was to put on a sanitary pad and still go ahead to perform. I am a woman and I’m not ashamed of menstruating. "I want to urge every woman to resist being discriminated against because of menstruation. I hope some people read wide and learn about menstrual health to stop the stereotype against young girls and women. "Yes my menses appeared 30 minutes to my performance and I had to put on a sanitary pad and still go on stage. "Menstruation is not a shame and I urge all young women take a cue from my actions and not to let it stop them from doing anything they want to do."
read more..

The Police Bent On Killing Dino? Why Not Burn Down the House Already?

-
Image
Over the weeks now Nigerians are being saddled with the news about the police refusing to leave the premises of a serving Senator, Dino Melaye, but some Nigerians online expect that this over-zealousness at getting the Senator could possibly be used in securing lives and properties of Nigerians on a daily basis. What are his friends saying about this? why is there silence over this issue? Whose toes has the serving senator stepped on? According to Senator Ben Bruce he alleged that; officers of the Nigeria Police are making attempt to kill Dino Melaye with tear gas in his house. lawmaker representing Bayelsa East in the upper chamber of the National Assembly also wrote that the Police is aware of an ailment (Asthma) Senator Dino Melaye suffers from and so intend to either snuff him out or kill him right there in his resident. Ben Murray-Bruce ✔ @benmurraybruce #HappeningRightNow The @PoliceNG are currently at @dino_melaye ’s residence and are threatening to fire tire gas into the bu...
read more..