Uber’s unicorn partner Moove mulls Nigeria exit
The company, which began offering new cars to Nigerian Uber drivers five years ago, is set to leave the country as Uber’s shock exit makes its business untenable.
The Federal Competition and Consumer Protection Commission (FCCPC) has initiated an investigation into the exit of ride-hailing company Uber from Nigeria. FCCPC CEO Tunji Bello made this announcement during a recent interview with Bloomberg. Bello stated that the commission is examining the circumstances surrounding Uber's departure, with a focus on any services that were not completed for Nigerian customers.
It is worth noting that Uber had previously announced its intention to leave Nigeria and Uganda on September 2, 2026. In their statement, Uber explained that this decision was solely applicable to these two markets and would not affect their operations in other parts of the continent. Following the announcement, competitors such as Bolt and inDrive expressed their intention to capitalize on the opening created by Uber's exit.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- FCCPC probes Uber’s exit from Nigeria dailypost.ng
