Uber Leaves Nigeria After 12 Years, Exposing the Brutal Economics Behind Ride-Hailing in Africa’s Biggest Market
Uber’s decision to pull out of Nigeria after more than a decade in the country has done more than end one company’s presence in West Africa’s largest economy. It has pulled back the curtain on just how difficult the underlying economics of ride-hailing have become in a market defined by soaring fuel costs, razor-thin margins, … Read more