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How We Have Strengthened BillsnPay in Nigeria’s ePayment Ecosystem – CWG Plc

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Nigeria’s largest system integrator, CWG Plc said it has strengthened its BillsnPay platform in Nigeria’s ePayment ecosystem by partnering with credible payment processing platforms that have intuitive dashboards.

Mr. Tereigh Banks Ozakpo,Business Development Manager for BillsnPay at CWG, who disclosed this in a statement circulated to Journalists in Lagos, also stated that apart from partnering with credible payment processing platforms, other interesting features have been added to the platform.

The new features, according to him are instant bill notification, partial payments, enhanced KYC features through BVN validation, more payment options (Card, Account-to-account and USSD) and more billers, leading to an increased number of bills that can be paid on BillsnPay.

“We are aware of some of the challenges of solutions such as BillsnPay. Thus, we identified these challenges early enough and partnered with only credible payment processing platforms that have intuitive dashboards that can handle failed transactions, credit card data management and fraud protection,” he said.

BillsnPay is a bills presentment, aggregation and payment platform, which was developed to address some of the teething challenges of Small and Medium Enterprises in Nigeria such as the lack of data for business insight, late and non-payment of bills by their customers and high cost of operation and maintenance.

Other challenges CWG identified the BillsnPay solution addresses are late delivery of bills to customers and delay in the reconciliation of payments made against the bill. These feats have endeared the solution to Nigerians as it processes a transaction volume of over N9 billion as disclosed in the company’s 2019 financial report. This record is a major chunk of over 3000 percent of what the company had in 2018, 2017 and 2016 combined.

Using the BillsnPay platform, Nigerians can buy airtime, pay bills and perform other financial transactions using any bank of their choice. This helps the customer not to be limited to only a bank but he or she can use any bank at their comfort.

 


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E-Business

Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

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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.


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Microsoft Servers Hacked by Chinese Groups

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Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.

Microsoft Servers Hacked by Chinese Groups

 

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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NIMC Warns Nigerians of Fake NIN Website

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National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.

NIMC Warns Nigerians of Fake NIN Website

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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