Multiple international companies, including Unilever, Netflix, Pick n Pay, and Uber, are scaling back or exiting the Nigerian market.
1 report, 1 independent
Updated Sep 8
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What happened
Multiple international companies, including Unilever, Netflix, Pick n Pay, and Uber, are scaling back or exiting the Nigerian market.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Nigeria
sovereign state in West Africa
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Unilever Nigeria Plc
publicly listed company
Nothing else this week.
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Uber
peer-to-peer ridesharing, food delivery, and transportation network company headquartered in San Francisco, California
Related events
- Uber operated in Lagos, Nigeria, in 1995, and the article discusses the company's eventual departure due to economic shifts in the country.
- Uber launched operations in Lagos in 2014, operating in Nigeria for over a decade, involving Alessandro Carmelo Ruffinoni.
- MTN Group, led by Ralph Mupita, is driving a strategic shift to financial services and exploring banking licenses in Nigeria.
- Transnational Corporation Plc operates in the Nigerian market while pursuing its goal of transforming Africa, currently facing infrastructure challenges.
- Uber is closing its operations in both Uganda and Nigeria amid pressure from rival platforms.