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ISPON Urged to Seek Relevance in New Economic Order

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Institute of Software Practitioners of Nigeria (ISPON) has been urged to be united in articulating its vision in the ever-changing economic order which does not have boundaries.

Chinenye Mba-uzochukwu, immediate past president of ISPON stated this in his remark at this year’s Extraordinary General Meeting of the Institute held in Lagos recently.

He said: “we have not achieved our full potential and our full potential rest on what all of us in ISPON do together.

“We may have different opinion in terms of what our priorities are. We may have areas of our specific interest we wish to pursue, at the end of the day it is only when we pull together that we can actually make things happen.

“Taken up single items sometimes works but as you know all systems people know, a system is a system the parts have to work together, we must find a way of creating that synergy. The energy is transferred from one gear to the other and so on. Or in programming you don’t have to get a retrogressive lope where it says same thing over and over again.

“In the past 5 to 10 years we have seen a quite number of movements in the industry and the end result has been that we have established certain franchise within the system and some level of respectability within the area that seem to be our greatest challenge which is the regulatory system.

“We will continue to fight those battles, even as we speak there are a number of bills that are still in view that represent to a very large extent a threat to the overall system itself unless we respond together as one we may find ourselves unable to achieve what we are looking for.

“This conference and EGM are extremely important in that respect. It is critical that we understand the challenges that we face as the system itself is changing as it is accelerating and expanding, what is happening is that as it is expanding there is the tendency that the elements will start to lose touch with each other.

Technology especially software is in the hands of a generation that has more hairs than I do. That generation does not have connection with people like ourselves. The generation that seems to want to go it alone.

“A generation that wants to make and break and move on. Not to build big enterprise system that takes may be 5 to 10 years to put together.

“It is a generation that wants immediate result, a generation that is completely entuned with the fact that they are global citizen and their capacity and creativity can take them anywhere in the world”.

He noted that Nigeria and indeed Africa is facing the speed challenge and as people try to shut the door, and advocate policies that close the door, they cannot close the door because it is globalized world.

“It is a world where there is infinite movement across all dimensions. What we answer today is the call of the market primarily and it is the aspiration of every individual to be the best they can possibly be.

“How do we create an environment that is fertile, rewarding, exciting for anyone who wants to participate in our industry?

“Artificial intelligent world is a world that should excite us and not frighten us. We need to understand that a child of tomorrow is a child that is enabled by his/her capacity to use AI.

“We were told when calculator came we should not take it to the exam hall, we had to work with the slide rule. We have gone from the slide rule to the calculator, we thought the calculator will end all knowledge and make our children dumb.

“We have gone beyond that now, we tell them now not to take the computer to the room. But, today AI is an intrinsic part of our world.

“We must expand not only our minds but also our hearts. We have to accept that the world which we are living in have huge challenges as well as huge potential that is ours, and we have a right to participate in it and our children, children also have a right to participate in it”.

Also speaking, Mr. Bimbo Abioye, the newly elected president of ISPON, reiterated his resolve to ensure active participation in the Nigerian software dream.

“We will encourage Ministries, Departments and Agencies of governments (MDAs), including the private sector to embrace software Nigeria, and patronise it in order to support its growth.

“We will also ensue that Nigeria produces quality software that will meet the needs of Nigerians as well as the needs of multinational companies operating in Nigeria.

“Today we have local software that performs optimally better than most foreign software imported into the country. Software business is about trust, because the software codes are not tangible, but embedded into the computer system to perform certain operations via commands.

“It is for this reason that ISPON must ensure that software developed in Nigeria, must be tested and trusted for use”, he added.

 


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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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