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Court stops sale of Novare assets in Nigeria

A Federal Capital Territory (FCT) High Court has restrained a South African company, Novare and its subsidiaries, from selling off their assets in Nigeria. The News Agency of Nigeria (NAN) reports that Novare is the owners of retail malls, including Shoprite malls, in the country. Justice Peter Kekemeke gave the interim order following an ex-parte […] ....

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Court Stops Sale of Novare/Shoprite Malls in Nigeria

November 9, (THEWILL) – Federal Capital Territory (FCT) High Court has restrained a South African company, Novare, and its subsidiaries, from selling off their assets in Nigeria. The News Agency of Nigeria (NAN) reports that Novare is the owner of retail malls, including Shoprite malls, in the country. Justice Peter Kekemeke gave the interim order ....

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