Uber to exit Nigeria after 12 years of operations
Uber is set to cease operations in Nigeria and Uganda on September 2, 2026, following a business review. The company cited intense market competition and economic pressures like inflation and currency volatility as primary factors.
Why it matters
The exit highlights the ongoing challenges multinational tech firms face when operating in volatile African markets.
Ride-hailing company Uber Technologies will cease operations in Nigeria on September 2, ending its 12-year presence in Africa’s most populous country, the company said in a notice to customers on Wednesday (September 2, 2026).
Uber decided to wind down its Nigerian business after a review of operations, it said, without disclosing further details on the reasons for the move.
Competition in Nigeria’s ride-hailing market has intensified in recent years, with operators facing challenges including rising fuel costs, inflation and currency volatility that have increased operating expenses and put pressure on drivers and platforms.
“After a thorough review of our business, we have made the tough decision to wind down our operations in Nigeria, effective 2 September 2026,” the company said in a message to users.
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