Hypercity and Carrefour Franchise Deal

The Chief of Staff to the President, Femi Gbajabiamila, lauded the Minister of the Federal Capital Territory, Nyesom Wike, for his pivotal role in facilitating a landmark franchise partnership between HyperCity, a Nigerian e-commerce store, and Carrefour, a French retail chain. The signing ceremony in Nigeria — Abuja was described as a powerful statement of confidence in Nigeria's economy, positioning the nation as a premier investment destination in Africa. The collaboration is expected to drive significant investment, industrial growth, and large-scale job creation, while also expanding market access for local suppliers and producers. HyperCity's Managing Director, Sunny Chuwla, highlighted plans for immediate store openings in Nigeria — Abuja and other major cities, with existing Nigeria — Port Harcourt stores transitioning to the Carrefour brand. The event emphasized Nigeria's stability and potential, urging international investors to view it as a home for long-term partnership, with a retail revolution anticipated to spread across the country, including Nigeria — Lagos.