One of the leading online classified platforms where buyers meet sellers, OLX, has said it is not closing its operations in Nigeria but to enable the firm consolidate on "our operations between some of our offices internationally."
OLX Nigeria's PR & Communications Lead, Uche Nwagboso, disclosed this on Thursday via a statement made available to Daily Trust in Lagos.
The statement reads: "We made a difficult but important decision in Nigeria to consolidate our operations between some of our offices internationally.
"Our marketplace will continue to operate here - uninterrupted - as it has since 2010, and we remain committed to the many people here who use our platform to buy and sell every month. We continue to be focused on constantly innovating to make sure that OLX remains the top classifieds platform in the country."
"Of course, we are committed to helping our affected colleagues during this transition and have already offered them meaningful financial and other support. As we've expressed to them directly, we are extremely grateful for their many significant contributions to OLX's success," the statement added.
Founded in 2006, OLX is a global classifieds platform, with physical presence in about 45 countries around the world, including Nigeria, Kenya and South Africa.