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Moove, the Nigerian-founded mobility startup valued at $2.1 billion, plans to exit the African country after Uber Technologies Inc. closed its operations in early September....
Uber has officially ended its operations in Nigeria and Uganda, marking a significant retreat from these markets. This decision comes as a result of escalating operating expenses and fierce competition, which have negatively impacted ride-hailing fares and driver earnings. Rising costs for fuel and vehicle upkeep weighed heavily on drivers' incomes. Despite this setback, Uber continues to prioritize other sub-Saharan African markets where growth seems promising....
Nigeria's antitrust commission said it is probing Uber Technologies Inc.'s abrupt exit from the West African nation, after the ride-hailing platform shut down last week without prior notice to users....
Ride-hailing company Uber Technologies Inc. is shutting down its services in Nigeria effective September 2, following a review of its operations in the West African nation....
Nigeria is in advanced talks with Alphabet Inc.'s Google for a new undersea cable to strengthen the West African nation's digital resilience, a senior government official said....