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Huawei to Boost ICT’s Growth with N80m Investment

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The plan by a Chinese firm- Huawei to invest N80 million into the information and communications technology sector is expected to expand the investment profile of Nigeria.

The investment, which was announced at 2014 Nelson Mandela International Day in Abuja, at the weekend, will go into equipment, training and youth empowerment, especially in the technology sector.

Huawei explained that the amount of N4 million will be provided to the Nelson Mandela Institution (NMI), which will invest it in its affiliate, the African University of Science and Technology (AUST) in Abuja as the scholarship for students who have been admitted, adding that the amounts of these scholarship funds and the manner in which they are administered will be mutually agreed upon for each academic year or programme.

Furthermore, the Chinese technology firm disclosed that ICT equipment worth N76 million will be provided by it to NMI, which will put it at the disposal of AUST on the basis of identified needs of this institution and consistent with Huawei’s own policies and procedures  and those of NMI and AUST.

Huawei is also expected to provide access to its Abuja training center to AUST for the computer science students on the basis of proposals to be developed jointly by AUST computer science faculty and Huawei engineers. AUST will invite Huawei engineers and researchers to organize workshops or specific classes to the students.

According to Osita Iweze, deputy managing director of Huawei Abuja office, “bridging digital divide is Huawei’s global strategy. Huawei has set up an ICT scholarship in University of Lagos since 2012. A 1,000 girls training program with Federal Ministry of Communication Technology was launched in 2013 and until now about 500 girls have finished their training courses.

“In 2014 Huawei keep expanding the investment on young ICT talents education and we are glad to work with AUST to ensure the graduates could be ICT industry leader in Nigeria and other Sub-Sahara African countries.”

Appreciating the gesture, Bonaventure Mbida-Essama, NMI chief executive officer, said the African University of Science and Technology (AUST) is the first of the NMIs, which was etablished as a centre of excellence in science and technology with a focus on African development.

“Since its inception, the AUST has more than 300 of PhD and MSc students from 19 African countries in five disciplines (computer science and engineering, pure and applied mathematics, theoretical physics, petroleum engineering, and materials science and engineering).

“NMI is willing to collaborate with Huawei, which is the world leading ICT solutions provider, not just with its affiliate in Nigeria, AUST, but also with the other institutions affiliated to NMI in Africa in places such as Tanzania, and Burkina Faso.

“This would also include institutions being considered in Zimbabwe and Mali. The main purpose for Huawei is to introduce the latest technology into the class and to give certain financial support to these institutions for the benefits of their students,” he said.
 
Among dignitaries at the event are Dr. Ngozi Okonjo-Iweala the Coordinating Minister for the Economy and Minister of Finance of Nigeria and LLA MnGumi the South African High Commissioner for Nigeria.

Huawei has been in Nigeria for 15 years and become a preferred ICT solutions provider for all telecom operators. Huawei’s enterprise business for industries such as banking, oil and gas, power and education is growing rapidly in terms of its integrated and customized solutions with Nigerian partners.


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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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