E-Business
Konga Appreciate Customers for Successful Yakata, Announces New Date

Konga, Nigeria’s e-Commerce giants has unveiled new annual dates for future editions of the widely popular Konga Yakata sales which will henceforth run from November 11th to December 12th (11/11 – 12/12).
Konga Yakata will now go live every year starting with Singles Day on 11/11 and end on the 12/12 with Nigeria Pink Day which will mark the climax of its Yakata Sales.
According to the Management of Konga, the new Yakata has an enhanced human face with the launch of the Konga Citizen Support Project which is the social responsibility arm of Konga.
At the end of every Yakata, Konga will donate a variety of items required for the festive season to needy and less-privileged Nigerians.
Konga will also leverage its retail stores and other platforms nationwide to collect and deliver the items to the recipients, including donations contributed by public spirited Nigerians and corporate organizations.
Interestingly, the company has also unveiled its festive season promotion tagged Konga Jara, the final Christmas Sales countdown which, effective 2019, will run yearly from the 15th till 31st of December.
The Management of Konga has also expressed deep gratitude to all its customers, merchants and vendors for a successful 2018 Yakata sales which saw the company thrill shoppers with unmatched discounts and massive deals in the month-long campaign.
Konga Yakata, which ran this year from Tuesday November 8th through Friday November 30th 2018, attracted unprecedented traffic to the company’s platform online and huge footfalls to its retail stores nationwide.
“We are indeed grateful to the millions of customers who shopped on the Konga platforms – online and offline – throughout this year’s Konga Yakata. Our appreciation knows no bounds as your patronage and loyalty to the Konga brand was the burning motivation which kept us going, especially in stretching beyond the limits to deliver the great deals and special price slashes that made Yakata number one during the period. The many positive feedbacks we got from satisfied customers was very good testimony to the success of Konga Yakata,” enthused CEO Online, Nick Imudia.
“We also appreciate our merchants and staff for all the hard work that ensured that orders were delivered in time, with delays reduced to the barest minimum. We are also working very hard to get all unfulfilled orders shipped within the next few days.”
Continuing, he disclosed that the excitement is not yet over for shoppers, as the company is set to make its 2018 Pink Season Deals an unforgettable experience for customers.
According to Nick Imudia, details of the new Konga Yakata, Konga Citizen Support Project and Konga Jara willl be disclosed early in 2019, even as he assured shoppers of the determination of the company to ensure that all Nigerians experience the enhanced capacity of the new Konga from first quarter of 2019, irrespective of where they reside.
“We have been working extremely hard at the back-end and also building infrastructure nationwide to make e-commerce happen in Nigeria and I can assure you we are 95% ready,” he concluded.
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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