FoodCo Wins Best Retail Organisation for Range Excellence at ARA 2025

Lagos, Nigeria – FoodCo Nigeria, a Top 3 retailer and operators of the largest supermarket chain brand in south-west Nigeria, has been named the Best Retail Organisation for Range Excellence at the just concluded Africa Retail Awards (ARA) 2025.

The Awards, organised by the Africa Retail Congress of the Lagos Business School, recognises retailers offering a diverse and customer-centric product range that drives accessibility, innovation, and sustained business growth across markets.

Speaking at the event, Prof. Louis Nzegwu, Chairperson of the African Retail Congress 2025, said: “The Africa Retail Awards 2025 recognises and celebrates outstanding achievements across the retail sector. From established retail chains to innovative digital platforms, the awards highlight those driving growth, setting new standards, and transforming the way business is done in Africa. This ceremony is a testament to the talent, vision, and dedication shaping a stronger, smarter, and more inclusive retail sector across the continent.”

Receiving the award on behalf of the company, Ade Sun-Basorun, the CEO of FoodCo who was represented by Ayodele Adio, stated that the recognition reinforces FoodCo’s leadership in driving modern retail growth and its continued relevance in shaping consumer access to quality products.
While thanking the organisers for the honour, Sun-Basorun continued, “Our approach to range development is rooted in data, market understanding, and customer insight. We are intentional about creating a retail environment where consumers can find what they need, at the right price point, and at consistent quality. This recognition affirms the strength of that strategy and its role in supporting business expansion within the sector. We see range excellence not just as a retail objective but as a contribution to improving access and choice for consumers across the markets we serve.”

Solomon Huesu, Marketing Manager, FoodCo, noted that, “Consumer needs are dynamic, and our responsibility is to anticipate and respond with relevance. This award underscores the effectiveness of our assortment strategy in driving customer satisfaction and supporting commercial performance. We are grateful to our customers whose continued trust guides our product decisions and keeps us accountable to the market. It is an encouragement to continue refining our product mix in ways that contribute to industry and economic growth.”

Established in 1982 as a fresh fruit and vegetable store, FoodCo is a diversified consumer goods company with interests in retail, quick service restaurants, manufacturing, and entertainment. The company has been listed three times in the Financial Times annual ranking of Africa’s Fastest Growing Companies for the years 2022, 2023 and 2025.