African Startups · Funding signal

Moove’s Exit Raises Questions About Nigeria’s Ride-Hailing Business

Moove’s Exit Raises Questions About Nigeria’s Ride-Hailing Business — the desk wire, 9 October 2026. Moove’s withdrawal from Nigeria raises a larger concern about the sustainability of the country’s ride-hailing business. Companies financing vehicles and drivers dependent on such businesses for income are bound to be affected. With a business model tailored to provide financing solutions to mobility entrepreneurs, Moove entered the Nigerian market in 2020, co-founded by Ladi Delano [...]

Updated 9 October 2026 · First published 9 October 2026

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