Uber's withdrawal from Nigeria has prompted 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 active growth 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 particularly striking.

Meanwhile, Tesla's robotaxi plans have weighed on Uber's stock and broader mobility shares as investors consider the lasting impact on ride-hailing businesses. The investor concern reflects how fast the industry 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 described as a serious offence. The case contributes to pressure facing ride-hailing operators over how drivers are screened and monitored.