Wire flash
FinanceUber shuts down Nigeria operations immediately after 12 years
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Uber has announced it is shutting down its operations in Nigeria effective immediately, ending a 12-year presence in the country. The ride-hailing company's decision marks a significant withdrawal from one of Africa's largest markets. The announcement was made via a post on X, with no further details provided about the reasons behind the sudden closure or the impact on drivers and riders. This move comes amid a challenging business environment for tech companies in Nigeria, including regulatory hurdles and economic pressures. Uber's exit leaves a gap in the Nigerian ride-hailing market, which has been dominated by competitors like Bolt and local startups. The immediate shutdown suggests an abrupt end to operations, potentially affecting thousands of drivers and millions of users who relied on the platform for transportation and income.
Source report
Effective immediately, Uber has ceased operations in Nigeria, ending its presence in the country after 12 years.
The ride-hailing company's exit marks the conclusion of over a decade of service in the Nigerian market. No further details regarding the reasons for the shutdown have been provided at this time.
Source
PolymarketNeutral / independent
Part of this Story
Uber abruptly shuts down Nigeria operations, faces antitrust probe over unfulfilled services