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Industry Analysis

Amazon Announces 16,000 Job Cuts as AI and Automation Reshape Corporate Workforce

Amazon is cutting 16,000 jobs worldwide as part of a 30,000-role reduction, reflecting a broader shift toward AI-driven efficiency and post-pandemic restructuring….

By: Adamu Garba

Top 5 African Fintechs Raised 43% of Funding in 2025, Early-Stage Startups Left Behind

African fintechs raised $1.4B in 2025, but funding was heavily concentrated among five companies, leaving early-stage startups with limited access to capital, Briter report shows….

By: Ovie George

Meta to Reduce Reality Labs Workforce by 10% as AI Becomes Strategic Focus

Meta is set to cut roughly 10% of jobs in its Reality Labs unit, signaling a shift away from metaverse investments toward artificial intelligence initiatives….

By: Adamu Garba

Lenovo Maintains Lead as Global PC Shipments Climb 9.6% to 76.4 Million Units in Q4 2025 — IDC

Worldwide PC shipments increased 9.6% year over year to 76.4 million units in Q4 2025, with Lenovo leading the market, according to IDC….

By: Emeka Nwachukwu

Apple Overtakes Samsung to Lead Global Smartphone Market in 2025

Apple became the global smartphone market leader in 2025, posting a 10% year-on-year growth and capturing 20% of worldwide shipments, driven by strong iPhone sales…

By: Emeka Nwachukwu

Nigeria Tightens Control of Digital Lending as FCCPC Regulates 521 Loan Companies

Nigeria’s FCCPC has brought 521 digital lenders under regulatory oversight following the January 5 compliance deadline, as authorities intensify efforts to clean up the country’s…

By: Wura Obadare

Nigeria Records 29% Smartphone Shipment Growth in Q3 2025 as Stable Naira Boosts Demand — Omdia

A new Omdia report shows Nigeria’s smartphone shipments jumped 29% in Q3 2025, driven by Naira stability, increased imports, and stronger demand for sub-$150 devices….

By: Emeka Nwachukwu

Nigeria’s 5G Adoption Stalls at 3% as High Costs and Infrastructure Gaps Slow Progress — NCC, GSMA

Despite major investments by telecom operators, only 3% of Nigerian internet users are on 5G. NCC and GSMA data reveal affordability barriers, infrastructure challenges, and…

By: Wura Obadare

Africa’s AI Funding Slumps to $14 Million in Q3 2025 as Global Investment Surges

AI startups in Africa raised just $14 million in Q3 2025—only 0.03% of global investment. Discover why the continent lags behind, how other regions are…

By: Ovie George

Nigeria’s Inflation Falls to 16.05%: What It Means for Fintech Growth

Nigeria’s inflation eased to 16.05% in October 2025, offering fintech companies new opportunities in payments, microloans, and savings solutions. Explore how regional variations and consumer…

By: Ovie George

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