E-Business
A4AI Taps Teniola as New Coordinator for Nigeria

A4AI, a global coalition working to make broadband affordable for all has appointed Mr. Olusola Teniola as its new national coordinator for Nigeria.
Teniola takes over from Dr. Ernest Ndukwe, who led the National Coalition since its inception in 2015.
As National Coordinator, Teniola will oversee the work of the A4AI Nigeria coalition to drive down the cost of internet access in the country.
He has over 23 years of global ICT experience working in strategic management positions at several major telecom companies.
He was instrumental in the rollout of mobile and broadband services by World Telecom in Portugal (2003 – 2007) and has served in executive positions at British Telecom, Vodafone, Cisco Inc. and Alcatel-Lucent Technologies.
Teniola was previously the CEO and board member of IS Internet Solutions (a Dimension Data company) in Lagos, Nigeria and briefly CEO of Phase3 Telecom based in Abuja before deciding to launch out on his own.
He was once the Client Partner to Detecon Consulting GmBH, leading Nigeria and Ghana opportunities in Africa.
Teniola said: “I’m delighted to be working with the A4AI team and honoured by the confidence they have in me as I assume my new role. I’ve got big shoes to fill. I look forward to amplifying the voice of coalition members on key issues impacting affordability in Nigeria through strong collaboration between government, civil society and private sector players.”
Sonia Jorge, executive director of A4AI said: “I’m excited to have Olusola on board and look forward to his leadership to support the renewed vision of a digital economy for Nigeria. I’m also grateful to Dr. Ernest Ndukwe, whose leadership shaped the A4AI Nigeria coalition and helped bring down the cost to connect for millions of people in Nigeria.”
Dr. Ernest Ndukwe was responsible for growing the Nigeria coalition, successfully leading policy change which helped Nigeria to achieve affordable internet data costs of 1.6% of average monthly income.
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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