Wednesday
October 14
2026

Nigeria Loses Another Mobility Giant as Moove Exits Weeks After Uber Despite Its $2.1 Billion Valuation and Waymo-Backed Us Expansion

By Olamilekan Okebiorun

Under the exit arrangement, eligible drivers will receive full ownership of vehicles worth more than ₦35 billion ($23.3 million), while Moove said more than 9,000 customers have used its Drive-to-Own and rental products in Nigeria.

Source: Business Insider Africa (link opens in a new window)

Categories
Technology, Transportation
Tags
business development, failure, gig economy