Uber's exit out of Nigeria has prompted vehicle financing firm Moove to follow suit, with the Lagos-founded company set to exit its home market despite a $2.1 billion valuation and ongoing expansion in the United States backed by Waymo. Moove's departure adds fresh pressure on Nigeria's ride-hailing sector.

The development puts a spotlight on the long-term viability of mobility startups in markets where major operators pull out. Moove had built much of its identity around serving drivers in Lagos, making the exit especially notable.

Meanwhile, Tesla's robotaxi plans have put pressure on Uber's stock and broader mobility shares as investors weigh the long-term threat on ride-hailing businesses. The competitive anxiety reflects how quickly the landscape can shift when a major technology player enters the space.

In the UK, an Uber driver was among 25 cabbies stripped of their taxi licences over what authorities called a serious offence. The incident adds to scrutiny facing ride-hailing operators over driver vetting and oversight.