CIG Motors Takes Over LagRide Operations, Introduces Salaried Model for Drivers
Under the new system, drivers will earn ₦150,000 per month, way lower than their potential earnings under the previous model
Home » Electric Vehicles (EVs)
Under the new system, drivers will earn ₦150,000 per month, way lower than their potential earnings under the previous model
The layoffs took immediate effect, and no monetary severance packages were provided
Designed as part of Uber’s mission to promote sustainability and reduce emissions
Startup’s Valuation Shoots to $750 Million
Electric cars can be more enjoyable to drive, with instant torque and smooth acceleration, and can offer a quieter and ...

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.
Protecting Innovation in Africa’s Startup Ecosystem . A timely conversation for the future of African entrepreneurship.

© 2026 TECHECONOMY.