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This move positions InDrive as the first ride-hailing platform in Nigeria to adopt this approach. It also affirms bank transfers as the most acceptable mode of trip payment
Soaring fuel costs have forced many drivers off the road, leaving the ride-hailing industry in a precarious position.
Nigerian drivers working for Uber and Bolt are demanding a reduction in commission rates, arguing that the current 25% cut is unsustainable given rising operational costs.
The move comes at a time when ride-hailing drivers in Nigeria are facing increasing challenges.
Nigeria and South African riders on platforms like Uber and Bolt are intentionally cancelling rides after drivers have arrived at pickup locations leading to a waste of resources.
As of December 7, 2023, Bolt Food will cease its operations in Nigeria. Consequently, residents will no longer be able to place orders through the platform.
In a move to improve its operational processes in Nigeria, ride-hailing company, Bolt has laid off 24% of its workforce in the country.
The Africa Head office will serve as a regional hub to offer integrated services and host the company’s top-brass leadership overseeing operations across Africa
Bolt might turn off car ride-hailing category in Tanzania should regulatory authority uphold its new service fee directive.
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