See List Of Multi-Nationals That Quit Nigeria In Last 5 Years And Why
• Companies that exited Nigeria in 5 years, and Why.
1. ShopRite (Economic Decline) *
2. Uber (Economic Pressure)
3. Guinness (Forex Instability) *
4. Netflix (Inflation) **
5. Sanofi (Naira Devaluation)
6. Kimberly-Clark (Inflation + Operating Costs)
7. Equinor… pic.twitter.com/uKbywBFKwv— Trending Explained (@TrendingEx) September 3, 2026
Companies that exited Nigeria in 5 years, and Why.
- 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)
KEY * : PARENT COMPANY EXITED AND FRANCHISED BUT STILL OPERATES.
KEY **: PULLED MAJOR LOCAL FUNDING, BUT STILL IN USE.
KEY ^: DIVESTED MAJOR ASSETS BUT STILL OPERATES.
