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Top Nairametrics News

Microsoft laying off about 9,000 employees in latest round of cuts
Microsoft · United States

Microsoft laying off about 9,000 employees in latest round of cuts

48% Center coverage: 257 sources
Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC.See the Story
Jeff Bezos sells $737 million worth of Amazon shares
Amazon · United States

Jeff Bezos sells $737 million worth of Amazon shares

56% Center coverage: 16 sources
See the Story
Nigeria: Court Lifts Akpoti-Uduaghan's Senate Suspension but Fines Her for Contempt
Senate · Nigeria

Nigeria: Court Lifts Akpoti-Uduaghan's Senate Suspension but Fines Her for Contempt

Coverage: 6 sources
The court described her six-month suspension by the Senate as excessiveSee the Story

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Nigeria: Court Lifts Akpoti-Uduaghan's Senate Suspension but Fines Her for Contempt

Left40%
Center60%
Right0%

Urgent bid lodged with UK regulator to stop Google AI Overviews 'stealing journalism'

100% Center coverage: 1 sources
A legal complaint has been submitted to the UK’s Competition and Markets Authority over the impact of Google AI Overviews on news publishers. A collaboration between tech justice non-profit Foxglove, the Independent Publishers Alliance and the campaign group Movement for an Open Web aims to “stop Google stealing the work of British journalists”. The complaint, supported by antitrust law firm Preiskel and Co, is asking the CMA to implement interi…GoogleSee the Story

Nigeria: With $2bn Tier-1 Capital, Zenith Bank Rated Number One Bank in Nigeria

Coverage: 4 sources
Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive year, in the 2025 Top 1000 World Banks' Rankings, published by The Banker, Financial Times Group, United Kingdom.Nigeria · NigeriaSee the Story

World Bank Appoints Mathew Vergeis As Country Director For Nigeria

The World Bank has announced the appointment of Mathew Verghis as its new Country Director for Nigeria, effective July 1, 2025. According to a press release issued by the Bank on Friday, Mr. Verghis succeeds Dr. Ndiame Diop, who has transitioned to a new role within the Washington-based institution. The statement noted that Mr. Verghis,... The post World Bank Appoints Mathew Vergeis As Country Director For Nigeria appeared first on New Telegraph.World Bank · NigeriaSee the Story

10 African Central Banks exploring digital currencies in 2025

Currently, African countries are actively researching, piloting, or rolling out Central Bank Digital Currencies (CBDCs), a testament to the continents growing commitment to fintech innovation and financial inclusion.The post 10 African Central Banks exploring digital currencies in 2025 appeared first on Nairametrics.Central Bank Digital CurrencySee the Story

BREAKING: Court Upholds CBN-Backed NIBSS Authority to Manage BVN Database Nationwide

The Federal High Court in Abuja on Friday affirmed the legality of the Nigeria Inter-Bank Settlement System Plc’s (NIBSS) management of the Bank Verification Number (BVN) database across Nigeria, in line with the Central Bank of Nigeria (CBN) Act and other relevant banking laws.  The post BREAKING: Court upholds CBN-backed NIBSS Authority to manage BVN Database nationwide  appeared first on Nairametrics.Abuja · AbujaSee the Story

How our relentless investment in talent development makes Polo Luxury a great place to work – Jennifer Obayuwana

In Nigeria’s corporate landscape, where attracting and retaining high-quality talent is a major challenge owing to several factors including increased trend of “Japa”, (the mass migration of skilled professionals leaving Nigeria for better opportunities abroad) that has further worsened talent retention and created a fiercely competitive talent market, Polo Luxury Group continues to stand out, not just as a leading voice for true luxury but as a…Nigeria · NigeriaRead Article

Polo Luxury Strengthens Global Partnership at 2025 Novelty Showcase

Polo Luxury, Nigeria’s foremost luxury goods company, proudly marked its presence at the 2025 edition of Watches and Wonders held in Geneva, the world’s most prestigious and largest fine watchmaking exhibition in Switzerland. The post Polo Luxury strengthens global partnership at 2025 Novelty showcase  appeared first on Nairametrics.Geneva, Switzerland · GenevaSee the Story

Nigeria records 10.92% increase in electricity generation in Q1 2025

Nigeria’s electricity generation rose by 10.92% in the first quarter of 2025, driven by improved operational capacity and availability of thermal and hydropower plants supplying electricity to the grid.  The post Nigeria records 10.92% increase in electricity generation in Q1 2025   appeared first on Nairametrics.Nigeria · NigeriaRead Article

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