{
  "id": 12910404,
  "title": "One month after Uber exit, another company ends operations in Nigeria",
  "url": "https://urgent.news/2026/10/08/one-month-after-uber-exit-another-company-ends-operations-in-nigeria",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T16:55:59.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/10/08/one-month-after-uber-exit-another-company-ends-operations-in-nigeria/"
  },
  "original_language": "en",
  "account": "Just one month after Uber's exit from Nigeria, another mobility company, Moove, has announced plans to end operations in the country. The company, founded in Lagos six years ago, will transfer ownership of eligible vehicles to existing customers without further payment from October 1, 2026. Co-founder and Advisory Board Chairman, Ladi Delano, expressed gratitude for Nigeria's role in Moove's journey, stating that the company's revenue and growth were significantly tied to the country. Over 9,000 customers have utilized Moove's Drive-to-Own and rental products, generating approximately N57 billion in revenue. As Moove concludes its operations in Nigeria, the company aims to reflect its gratitude to its Nigerian team, customers, and partners. The company pledges to continue building a global success story while honoring its origins in Lagos.",
  "summary": "Just a month after the exit of Uber, a global mobility company founded in Lagos Moove, has announced plans to end operations in Nigeria too. The company announced this decision on Thursday just six years after it began operations in Nigeria. According to the company, customers will get total ownership of eligible vehicles to existing […] One month after Uber exit, another company ends operations…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}