Pages

Showing posts with label LONDON MARKET. Show all posts
Showing posts with label LONDON MARKET. Show all posts

Tuesday, November 17, 2015

LONDON MARKET CLOSING DUE TO ‘LOW PATRONAGE’ FROM NIGERIANS





London’s world famous Sunday market, better known as Liverpool Street Market, in East London is facing hard times as some of its businesses are folding up while many others are struggling to stay afloat due to the low patronage of Nigerians, a Daily Trust findings have shown.
The 400-year-old market, which sells mainly clothes for women, men and children; designer goods, as well as bric-a-brac and household goods, is patronised mainly by Nigerians and other customers from around the world.
A recent survey by Daily Trust showed that the change of government in Nigeria, coupled with cash and financial policies that placed restrictions on the amount of money one can travel with or withdraw abroad have led to a drastic reduction of Nigerian customers at the market.