Why Moove is leaving the Nigerian market it was built in

Six years after Moove put 76 cars on Lagos roads and asked Uber drivers to pay for them out of their earnings, the mobility company is leaving Nigeria , its founding market, and handing many of those drivers their cars. In a statement on Thursday, Moove said it will hand over eligible vehicles worth about ₦35 billion ($26.3 million) to the drivers, with no further payment due from  October 1. Every Moove employee will also get a free car.