Ride-hailing Giant, Uber Takes a U-turn, Exits Nigeria after 12 years
The company discontinued its operations in Nigeria on Wednesday, September 2, 2026, following a review of its “evolving business priorities and investment focus” across Africa.
The company discontinued its operations in Nigeria on Wednesday, September 2, 2026, following a review of its “evolving business priorities and investment focus” across Africa.
“So our dream is that we want to make sure we double the capacity of the refinery … which will take us to 1.4 million barrels per day. The IPO will open in the next 10 to 12 days,” he said, adding that the goal is to double the refinery’s capacity from its current capacity.
The incidents occurred close enough together to spark speculation over whether the services were affected by a common infrastructure problem, although none of the companies has confirmed a shared cause.
Kashifu buttressed the importance of greater ownership of AI technologies in critical sectors such as finance, healthcare and education, warning that a lack of control over such systems could expose the country to external influence and manipulation.
Nigeria’s 2027 presidential and National Assembly elections have officially entered the open campaign phase, with political parties and candidates now permitted to begin canvassing for votes across the country as of August 19, 2026. The commencement of campaigns marks a major turning point in Nigeria’s electoral cycle, coming nearly five months before the presidential and…
The Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday, 17th August reveals that Nigeria’s inflation rate has eased to 15.43 per cent in July 2026 from 15.91 per cent in June. Nigeria’s inflation rate has eased, but food prices continue to increase. While the general rate of inflation…