E-Business
Facebook Returns with #SheMeansBusiness Trainings for Female Entrepreneurs

Following a successful first year, Facebook in partnership with She Leads Africa (SLA), is set to hold the second edition of ‘#She Means Business’, an initiative designed to inspire, empower and train female entrepreneurs across the country to build, grow and start their own businesses.
The #She Means Business University Tour will take place across 10 university cities in Nigeria, bringing an interactive business and networking experience to campus, whilst focusing on learning digital marketing skills, creative content development on mobile, and using Instagram and WhatsApp to help drive and build their business in school.
Additionally, at each university, an influential business leader will host sessions centered around how they started their business and how they have used digital to grow and scale – with the aim of inspiring and providing real-life tangible results.
Trainings for entrepreneurs will be held across 12 cities including Lagos, Port Harcourt, Enugu, Abuja, Calaba, Ibadan, Kano, Jos and Benin. Each module taught on the day is designed to provide a deeper understanding of the basics of online digital marketing across Facebook, Instagram and WhatsApp, whilst including the development of business strategies and providing networking opportunities.
Speaking at an evening cocktail event held in Lagos to unveil the #She Means Business 2019 programme, Sherry Dzinoreva, Head of Policy Programmes, Africa said: “#She Means Business is something that we’re all passionate about at Facebook, we know that when women do well, economies do well.
“We were encouraged by the milestones reached last year, and importantly the difference it made to the many women across Nigeria who took part. I’m excited that this year we’ll be incorporating students – the business leaders and entrepreneurs of the future.
“Technology plays an important role in enabling business growth, and by providing the tools and know-how we’re determined to see that businesses set up by Nigerian women reach their full potential.”
Also speaking at the event, which played host to female business owners, leaders, influencers and other stakeholders, Afua Osei, Co-Founder of She Leads Africa said: “Women form the backbone of a thriving entrepreneurial ecosystem.
“We’re thrilled to continue our partnership with Facebook to provide women entrepreneurs with access to the digital skills and tools required to move their businesses forward on a local, Pan-African and global level.”
Interested participants should email programs@sheleadsafrica.org
Universities that will bevisited during the #SheMeansBusiness Tour are Ahmadu Bello University, Kaduna, University of Lagos, Lagos, Obafemi Awolowo University, Osun, University of Ibadan, Oyo, University of Ilorin, Kwara, Covenant University, Ogun, University of Nigeria Nsukka, Enugu, University of Benin, Edo, University of Abuja, Abuja, as well as University of Port Harcourt, Rivers.
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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