Moniepoint Restructuring: Five Months' Pay for Engineers and Product Staff Who Choose to Leave
Moniepoint restructuring hits engineering and product teams: staff were offered five months' salary to leave, with role decisions due 2–11 November.
Hiring
Microsoft reportedly shuts engineering at its Nairobi Africa Development Centre
Engineers at Microsoft's Africa Development Centre in Nairobi were told on 12 October that their roles are going. Microsoft calls it a "proposed" change and says it will keep staff in Kenya, but has not said how many jobs are affected.
Almost half of Nigerian workers earn less than $150 monthly, report finds
A national salary study reveals that 46 out of every 100 Nigerian workers earn below ₦200,000 ($150) per month. The data highlights systemic wage pressures, currency inflation impacts, and income disparities across the formal and informal workforce.
Glovo names Reni Onafeko as new Nigeria country managing director
On-demand delivery platform Glovo has appointed Reni Onafeko as its Country Managing Director for Nigeria. Taking over from Lamide Akinola, Onafeko will drive the company's next expansion phase across key urban markets.
The Remote Work Arbitrage, and What It Costs Locally
Foreign employers paying foreign salaries have been transformative for individual engineers and difficult for the companies trying to hire at home.