Uber's exit out of Nigeria has pushed vehicle financing firm Moove to follow suit, with the Lagos-founded company preparing to leave its home market despite a $2.1 billion valuation and ongoing expansion in the United States backed by Waymo. Moove's departure marks another blow to Nigeria's ride-hailing sector.

The development raises questions about the long-term viability of mobility startups in markets where major operators pull out. Moove had grown its reputation 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.