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Over 5,000 tech jobs cut in October

Well over 5,000 jobs have been eliminated in the technology sector this month, including cuts from major companies like Amazon, Netflix, eBay, and HubSpot.Netflix announced layoffs on October 14 affecting nearly 1,000 employees, which is approximately 6% of its workforce.

Edo seals nine companies over unpaid ₦8.98bn taxes

The Edo State Internal Revenue Service (EIRS) has sealed the premises of Rongtai Plastic Company Limited and eight other corporate entities operating in Utesi community, Ikpoba-Okha Local Government Area of Edo State, over alleged unpaid tax liabilities totalling ₦8.982 billion.