Information reaching us yesterday suggested that online classifieds marketplace, Efritin was exiting the Nigerian market.
On further investigation, we received confirmation of the exit from a reliable source. According to our source, who pleaded anonymity, operations indeed shut down officially yesterday. That’s about how much they revealed.
It is unclear exactly why this is happening, especially considering how much buzz the startup generated last year.
Efforts to reach out to Efritin management for comment proved abortive.
This is a developing story.