JUST IN: Moove exits Nigerian Market
As Moove concludes its Nigerian operations, the company said eligible vehicles with an estimated total value of approximately ₦35 billion will pass into full ownership of the customers who currently operate them, with no payment to Moove required for the vehicles themselves from 1 October 2026.
Moove, a global mobility company, on Thursday announced that it will conclude its operations in Nigeria, six years after the company was founded in Lagos.
Since its inception, Moove has served more than 9,000 customers across both its Drive-to-Own and rental products, helping customers generate approximately ₦57 billion in revenue, supporting livelihoods, families and businesses across Nigeria.
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