MarketsNotableConfirmed
5.4
Uber exits Nigeria after 12 years, cites market conditions
Premium Times NigeriaLO·NG·about 17 hours ago
Uber has ceased operations in Nigeria and Uganda with immediate effect, marking a strategic retreat from two African markets. The move follows sustained regulatory and competitive pressures in Nigeria, Africa's most populous country, and reflects a broader reassessment of ride-hailing viability in the region. The exit removes a major player from these markets, potentially reshaping local competition and affecting gig-economy employment.
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