E-Business
Black Friday: KongaYakata Goes Live on Wednesday with Mega Surprises

KongaYakata, the Black Friday sales of Nigeria’s leading composite e-Commerce giant, Konga, is set to go live on Wednesday, November 11, 2020 with mega surprises for shoppers.
The 2020 edition of KongaYakata will officially commence in the early hours of Wednesday, at 12.05am, November 11 and will run till December 12, 2020 across the company’s omni-channel platforms including the website at www.konga.com, chains of retail stores nationwide and Konga Bulk, among others.
Popularly known as 11-11/12-12, KongaYakata is widely regarded as the biggest sales event of the year in the Nigerian annual shopping calendar.
Equally important, Konga has committed to beat any price for genuine products in the marketplace for the annual shopping fiesta.
Furthermore, the management of the e-Commerce giant has disclosed that shoppers across its multiple platforms are in for mega surprises, even as it revealed that KongaYakata 2020 will go down in history as one of the most memorable ever.
In addition, Konga has signed up key partnerships with a number of globally renowned brands across major categories such as Computing, Electronics, Home & Kitchen appliances, Phones & Tablets, quality Fast Moving Consumer Goods (FMCG), Fashion, Wine & Spirits, Power Solutions, Office & School Supplies and Christmas essentials, among others.
‘‘We have received huge enquiries from eager shoppers across Nigeria who have all expressed their anticipation for what we have in store for them.
KongaYakata or 11-11/12-12, as it is otherwise known, is the Black Friday sales everyone is waiting for,’’ disclosed Nick Imudia, co-CEO, Konga Group.
‘‘It is my sincere pleasure to inform that we have lined up a number of surprises for this year’s edition of KongaYakata, beginning from the early hours of Wednesday, November 11, which is also celebrated globally as Singles Day – a day of unprecedented shopping frenzy across the world. These will be unveiled daily as KongaYakata progresses.
“Also, we have committed to beat any prices anywhere in the market but only for genuine products which, of course, is what we are known for at Konga.
‘‘There are special deals and special prices for everyone – individuals, lovers, newly-weds, families, small, medium and large corporate organizations, cooperatives and educational institutions, among others.
“Also, we are offering shoppers a chance to get their Christmas shopping underway early, with best prices guarantee.
“There are also loads of freebies and other giveaways for shoppers to benefit from,’’ he stated.
Meanwhile, research indicates that this year’s edition of KongaYakata will potentially break all existing sales records for the annual sales extravaganza.
KongaYakata 2020 is supported by a host of top brands such as Samsung, HP, DELL, Zinox, Intel, Coca-Cola, Infinix, Hennessey, Visa, Nivia, ITEC, Lenovo, ASUS, Nestle and many other OEMs.
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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