E-Business
FG Launches 5-Year Data Protection Roadmap

Nigeria Data Protection Commission (NDPC) has launched the Nigeria Data Protection Strategic Roadmap and Action Plan (NDP-SRAP 2023-2027). expected to create about 500,000 jobs and generate more than N125 billion in revenues.
The launch of the five-pillar NDP-SRAP held concurrently with a capacity-building workshop on Data Privacy and Protection for Data Protection Officers in Abuja
The five pillars are governance, ecosystem and technology, human capital development, cooperation and collaboration as well as funding and sustainability.
Dr Vincent Olatunji, national commissioner, NDPC, said at the launch that the NDP-SRAP and the training were important to enable the commission to achieve its mandate of having a robust data protection sector.
He recalled that part of the “Renewed Hope’’ agenda of the President Bola Tinubu’s administration was to create about two million jobs in the digital economy sector.
The data protection sector alone could create more than 500,000 jobs, he said.
“The NDP-SRAP comprises interlinked initiatives and activities like job, wealth creation, human capital development, revenue generation, foundational initiatives for the digital economy and enhancing Nigeria’s global reputation.
“These activities are expected to create about 500,000 jobs, generate revenue of more than N125 billion and expand the sector within the lifespan of this roadmap.
“The roadmap will contribute to the growth of the country’s international businesses and its global competitiveness in human capital.
“In security, it is one area that will check malicious use of identity; unauthorised access to people’s data and information used for various things; build trust and improve the global perception of Nigerians,’’ Olatunji said.
He added that jobs in the data protection sector were not limited to any profession because the NDP-SRAP has more than 69 activities embedded in the five pillars.
According to him, public institutions, the private sector, civil society organisations, and the media have roles to play to ensure an effective action plan.
He said the commission was considering endorsing a Data Protection and Certification body where certified professionals worked as obtainable in global practice.
Olatunji lamented that certified professionals in Nigeria had foreign certifications, which were expensive to obtain through examinations and the annual renewal of the certifications.
“We have the competence to have our own home-grown solutions and certifications that compare favourably with those around the globe,’’ he said.
Olatunji explained that the roadmap took one year to prepare and was recognised in the “Renewed Hope’’ agenda mandates and the blueprints of the Ministry of Communications and Digital Economy.
In his submission, Mr. Ivan Anya, chairman, Board of Trustees, Licensed Data Protection Compliance Organisations (LDPCOs), said a lot of engagements were on-going to ensure the implementation of the roadmap.
Anya said there were currently about 150 LDPCOs and more were expected to register to create opportunities for the development of the country’s data protection ecosystem.
According to him, increased activities are expected since the NDP-SRAP is a working document.
In his remarks, Dr Ayodeji Oyewole, president, Institute of Information Management, (IM-Africa), commended the initiatives of the NDPC to improve Nigeria’s data and information management landscape.
He noted that the commission was identifying opportunities that would help to strengthen the economy and provide platforms for professionals to develop their careers and help others to find career paths.
He added that from the content of the roadmap, it would have a futuristic impact on the country and ensure sustainability.
A total of 150 data protection officers participated at the workshop.
E-Business
Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

China’s Huawei Technologies unveiled an AI computing system on Saturday that an industry expert said rivals Nvidia’s most advanced product, as the company aims to expand its footprint in the country’s booming AI sector.
The CloudMatrix 384 system made its public debut at the World Artificial Intelligence Conference (WAIC), a three-day event in Shanghai, attracting a large crowd to Huawei’s booth with its showcase of cutting-edge AI innovations.
The system has attracted significant interest from the global AI community since Huawei (HWT.UL) first introduced it in April. Industry analysts see it as a direct challenger to Nvidia’s GB200 NVL72, the most advanced system-level offering currently available from the U.S. chipmaker.
In an April article, Dylan Patel, founder of semiconductor research firm SemiAnalysis, stated that Huawei now possesses AI system capabilities that could surpass those of Nvidia.
Huawei staff at its WAIC booth declined to comment when asked to introduce the CloudMatrix 384 system.
A spokesperson for Huawei did not respond to questions.
Huawei has become widely regarded as China’s most promising domestic supplier of chips essential for AI development, even though the company faces U.S. export restrictions.
Nvidia CEO, Jensen Huang told Bloomberg in May that Huawei had been “moving quite fast” and named the CloudMatrix as an example.
The CloudMatrix 384 system features 384 of Huawei’s latest 910C chips and, according to SemiAnalysis, surpasses Nvidia’s GB200 NVL72 in certain performance metrics, despite the latter using 72 B200 chips.
SemiAnalysis attributes this performance advantage to Huawei’s strong system design, which offsets the lower power of individual chips by leveraging a greater number of them and incorporating system-level innovations.
Huawei describes the system as utilizing a “supernode” architecture that enables ultra-high-speed interconnectivity between chips.
In June, Zhang Pingan, CEO, Huawei Cloud confirmed that the CloudMatrix 384 was already operational on Huawei’s cloud platform.
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”.
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