Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home General News Business News

Burger King, American fast-food franchise to open outlets in Nigeria

Omokolade Ajayi by Omokolade Ajayi
March 24, 2021
in Business News
Burger King signs development agreement, as it prepares to open outlets in Nigeria
Share on FacebookShare on TwitterShare on Linkedin

Burger King, an American multinational hamburger fast-food chain headquartered in Florida, has announced interest to open outlets in Nigeria.

Antoine Zammarieh, the Franchisee of Burger King in Nigeria who made this development known, revealed that the hamburger maker in a show of interest in the Nigerian market had signed a development agreement for the Nigerian market.

He explained that the development agreement of the chain in Nigeria which was recently signed would give more confidence to the Nigerian market and consumers in general, especially during these hard times.

READ: Why Shoprite is “exiting” Nigeria

He said, “I always believed in Nigeria and in its people. I am confident this venture will go a long way and prove successful for Burger King, Nigeria, and our company.”

“I believe this would be a tremendous step towards giving more confidence into the Nigerian market and consumers in general.”

What to expect

  • The first outlet of the Hamburger chain in Nigeria is expected to be launched in Lagos.
  • The Florida-based restaurant chain is set to join the likes of Dominos Pizza, Krispy Kreme, KFC, Chicken Republic (pieXpress) in a stiff competition for market share and dominance in a saturated market, with hundreds of other traditional restaurant chains.
  • Burger King is expected to dig deep into its quiver of strategies to ensure an impressive performance and success in its first year of operation, as other players have been having it tough following their respective launches in the Nigerian market.
  • The COVID-19 pandemic however has impacted the fast-food industry severely, as the disruption to the industry’s supply chain, especially the on-trade channel which accounts for a significant percentage of restaurant sales triggered declines in their profits in 2020.

READ: The NSE’s only listed fast food company has been struggling

What you should know

  • Burger King is a fast-food restaurant chain famed for serving customers with high-quality great-tasting and affordable food.
  • The restaurant’s outlets serve more than 11 million guests who visit Burger King restaurants around the world.
  • Burger King is the second-largest fast-food hamburger chain in the world, behind McDonald’s who us the world’s largest fast-food restaurant chain and one of the best-known brand names.

Related

Tags: Burger KingBusiness News

Comments 6

  1. Ronald Akpabio says:
    March 22, 2021 at 8:50 pm

    I think this will bring a highly competitive market for all in this line of business.Looking forward to see them come in.

    Reply
  2. Jude p says:
    March 23, 2021 at 5:35 am

    Good morning
    Totally poor very bad and unhealthy killer fast food thst is killing millions in the western world with extreme obesity is here to do the same to Africans. Keep away

    Reply
  3. Oluwatobi says:
    March 23, 2021 at 7:18 am

    Great for the folks who will benefit from this economically. Not so great for our Nigerian diet. They’re gonna start out like KFC did, with all the original stuff and then start selling jollof rice or fried yam. Or worse, mini sized bread- like Dominoes Pizza. Lool!

    Reply
  4. Anonymous says:
    March 24, 2021 at 3:56 am

    Please stay where you are. This is not what Nigerians need right now.

    Reply
  5. Dee says:
    March 24, 2021 at 8:42 am

    Keep the menu original.There are American citizens that don’t like Nigerian food. Cater to us American citizen that want our American food.

    Reply
  6. Ntukidem Sunday says:
    July 18, 2021 at 12:19 pm

    It will really help me out in poultry business if I’m giving a tangible loan to start with..

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Eco Bank
Access Bank
Bankers Committee
First bank


Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Kwakol Markets




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Corporate Deals Roundup: e& acquires stake in Vodafone, as Carepoint raises $10 million
    • Court declares Goodluck Jonathan eligible to run for president
    • Court refuses to grant Senator Rochas Okorocha bail

    Follow us on social media:

    Recent News

    Corporate Deals Roundup: e& acquires stake in Vodafone, as Carepoint raises $10 million

    May 27, 2022
    Insecurity: Pursuit of peace cannot be achieved in isolation of the pursuit of justice – GEJ

    Court declares Goodluck Jonathan eligible to run for president

    May 27, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com