COMPANIES THAT EXITED NIGERIA IN PAST FIVE YEARS, AND WHY

September 4, 2026 • Dons Eze • 1 min read

ShopRite (Economic Decline) *
Uber (Economic Pressure)
Guinness (Forex Instability) *
Netflix (Inflation) **
Sanofi (Naira Devaluation)
Kimberly-Clark (Inflation + Operating Costs)
Equinor (Unprofitability)
Pick n Pay (Difficult Economy)
Amazon Prime (Inflation) **
Procter & Gamble (P&G) (Forex Instability)
11 GlaxoSmithKline Consumer Nigeria (GSK) (Forex Instability + Inflation)
Bolt Food (Economic Pressure)
Jumia Food Nigeria (Unprofitability)
Food Court (Financial Difficulty)
Microsoft (Economic Adjustment) **
TotalEnergies Nigeria (Vandalism and Security) ^
Shell (Theft and Security) ^
ExxonMobil (Declining Production) ^
Etisalat (Economic Pressure).

Dons Eze

DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.