Uber Technologies, ride-hailing company, yesterday, ceased operations in Nigeria, ending its 12-year presence in Africa's most populous country.
Uber, in a notice to customers, did not disclosed further details on the reasons to wind down its Nigerian business.
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.
The San Francisco-based company's entry into West Africa's largest economy began with its Lagos launch in 2014 before expanding to other cities in the country to meet growing demand for app-based transportation.
Uber said its help centre would remain available until September 23 to assist users with outstanding account-related issues.
Uber did not say how many drivers or riders would be affected by the closure or whether any assets would be sold.
