business for sale in Nigeria

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On Tuesday, 18th of April 2017, Dangote Flour Mill (DFM) owned by Africa’s richest man, Aliko Dangote announced that it has sold its noodles business and assets to Dufil Prima, makers of Indomie noodles.

Also, on the 3rd of May, 2017, the internet broke with news that Yes Mobile, a cosmopolitan high-value retail outfit with a multiplicity of stores in Lagos has been taken over by Pioneer composite e-commerce company, Yudala in what industry watchers consider a strategic duplex acquisition.

This further confirms that business exit culture in Nigeria is here for good. Compex Africa, a marketplace for business sale in Africa has 181 businesses listed for sale worth N102 billion and below is an infographic on business for sale overview in Nigeria.

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