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Moove exits Nigeria, transfers N35bn vehicles to customers

Mobility company Moove is exiting Nigeria after six years, transferring vehicles worth N35bn to eligible customers and giving free cars to its staff. Read More: https://punchng.com/moove-exits-nigeria-transfers-n35bn-vehicles-to-customers/

Moove exits Nigeria, transfers N35bn vehicles to customers

Moove, a global mobility company founded in Lagos, is transferring vehicles worth approximately N35 billion to eligible Nigerian customers as it concludes its operations in the country after six years. Under the "Thank You Nigeria" initiative, drivers currently operating eligible vehicles through Moove’s drive-to-own and rental products will take full ownership of the vehicles, with no further payment required for the vehicles themselves from October 1, 2026.

The company will also provide all its Nigerian staff members with a free car as part of the exit arrangements.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at punchng.com →

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