E-Business
Massive Turn-Out as Yudala Takes Black Friday Sells to Festac, Trade Fair

By peter oluka
Yudala made it a weekend to remember for scores of enthusiastic shoppers at Sara Stadium, Festac and Trade Fair Complex at Ojo Alaba, who took advantage of the amazing deals in its Mega Black Friday promotion tagged 11/11-12/12.
Determined to ensure that the unreached and under-served members of the public get a chance to enjoy the 11/11-12/12 Mega Black Friday deals, Yudala had stormed both locations by 9am with truck-loads of genuine products from various categories including Home Appliances, Computing, Electronics, Mobile phones, Lifestyle/Consumer Goods, Power Solutions, Food, Wines/Spirits, among others.
It turned out to be an opportunity of a lifetime for thousands of residents in Festac, Satellite Town, Amuwo-Odofin, Agboju, Alakija, Ojo Alaba and environs to shop genuine products at best prices unmatched in the marketplace.
For Mrs. Toyin Moroundiya, a lecturer at the Lagos State University, it was a dream come true.
“In fact, I didn’t believe it at first when I heard about it. I just rushed over and actually it is real. The TV set I had in mind to buy was available here and it’s actually half the price. This is awesome. I think everybody should take advantage of it. Yudala is real,” she gushed.
Another shopper, Arinze Obi, could not hide his excitement after grabbing a number of bargain deals on various items.
“Honestly speaking, I am so excited. At first, I was planning to go to the market to get some items at home and my budget was about N300,000. At the end of the day, I spent just over N150,000 here and I was able to get virtually all I wanted to go out and buy in the market. Left to me, if I am the President of Nigeria, I will find a way to encourage Yudala because they are the only company giving the community what they want at very affordable prices and most importantly, what they sell is very good products, original products.”
He urged other shoppers to follow his footsteps in shopping wisely this season.
“My fellow Nigerians, what I will say to you is: get yourself prepared. Go to Yudala and get whatever you need for yourself at very affordable prices,” he concluded.
Also speaking after experiencing the Yudala 11/11-12/12 Offline Mega Black Friday train, Mrs. Philomena Mbah was effusive in her praises and prayers for Yudala.
“I was directed here by a friend. I was just prepared to get a phone but I just decided to try and see what Yudala is doing, so I drove down here. I was really surprised that Yudala could slash their prices. In fact, Yudala is the best. I had only wanted to shop for an iPhone but ended up buying so many lovely items from them and I am highly impressed. I’m so happy. I just wish they can keep on coming here and making people smile and happy. God will bless the company.”
Next Saturday November 18th 2017, it will be the turn of Agege and Ita Ilewa, Ikorodu to enjoy the Yudala 11/11-12/12 deals galore, with plans already finalized to storm both locations with a mobile store, two 40-feet trucks and buses loaded with eye-catching products and accompanied by dancers, music and digital entertainment.
The Yudala 11/11-12/12 Mega Black Friday which kicked off on Saturday November 11th will run until Tuesday December 12th2017 online @ www.yudala.comand in every Yudala store nationwide.
E-Business
Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

Transcorp Hotels Plc has delivered a stellar performance in the first half of 2025, recording a 60% year-on-year surge in revenue to ₦47.57 billion, up from ₦29.72 billion in H1 2024. Gross profit climbed 71% to ₦36.21 billion, maintaining a strong 76% margin despite inflation and operational headwinds.
The hospitality giant, a subsidiary of Transnational Corporation Plc, also announced an interim dividend payout of ₦1.024 billion — offering ₦0.10 per 50 kobo ordinary share to shareholders.
In a bold move, the company unveiled Nigeria’s largest corporate venue — the 5,000-seat Transcorp Centre — staking its claim as the new leader in event hospitality. Chairman Emmanuel Nnorom described the results as proof of Transcorp Hotels’ transformative strategies and unwavering investor commitment. MD/CEO Uzo Oshogwe attributed the success to relentless execution and a resilient business model.
Transcorp Hotels, renowned for iconic assets like Transcorp Hilton Abuja and its digital platform Aura, says it isn’t just leading Nigeria’s hospitality sector — it’s redefining excellence across Africa.
E-Business
Microsoft Servers Hacked by Chinese Groups

Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.
China state-backed Linen Typhoon and Violet Typhoon as well as China-based Storm-2603 were said to have “exploited vulnerabilities” in on-premises SharePoint servers, the kind used by firms, but not in its cloud-based service.
The US tech giant has released security updates in response and has advised all on-premises SharePoint server customers to install them.
“Investigations into other actors also using these exploits are still ongoing,” Microsoft said in a statement.
The firm said it had “high confidence” the hackers would continue to target systems which have not installed its security updates.
It added that it would update its website blog with more information as its investigation continues.
Microsoft said it had observed attacks in which hackers had sent a request to a SharePoint server “enabling the theft of the key material by threat actors”.
Charles Carmakal, chief technology officer at Mandiant Consulting firm, a division of Google Cloud, told reporter, it was “aware of several victims in several different sectors across a number of global geographies”.
Carmakal said it appeared that governments and businesses that use SharePoint on their sites were the primary target.
A number of adversaries who stole material encoded by cryptography were then able to regain ongoing access to the victims’ SharePoint data, he said.
“This was exploited in a very broad way, very opportunistically before a patch was made available. That’s why this is significant,” Carmakal said.
Carmakal said the “China-nexus actor” was deploying techniques similar to previous campaigns associated with Beijing.
Microsoft said Linen Typhoon had “focused on stealing intellectual property, primarily targeting organizations related to government, defence, strategic planning, and human rights” for 13 years.
It added that Violet Typhoon had been “dedicated to espionage”, primarily targeting former government and military staff, non-governmental organizations, think tanks, higher education, the media, the financial sector and the health sector in the US, Europe, and East Asia.
Meanwhile, Storm-2603 was “assessed with medium confidence to be a China-based threat actor”.
E-Business
NIMC Warns Nigerians of Fake NIN Website

National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.
According to the commission, the website has been circulating online to offer services for Nigerians seeking National Identification Number (NIN) services.
NIMC, in a post on its official X account on Wednesday, said, “NINcard.com is not in anyway affiliated to NIMC. Stay vigilant!”
The warning was accompanied by screenshots of fake payment receipts and OTP request pages from the website, both of which were boldly stamped “FAKE” by NIMC to alert the public.
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