E-Business
Makwane, New Country Manager Microsoft Nigeria Resumes Officially

Microsoft has announced the appointment of Kabelo Makwane as the company’s new country manager for Nigeria.
A seasoned technology professional and long-standing member of the Microsoft family, South African born Makwane will lead the company’s global shift to a devices and services offering in one of the most dynamic, innovative and fast growing countries on the continent.
“I am extremely excited to be appointed to lead the Nigerian subsidiary during this dynamic time on the continent,” Makwane said.
“Microsoft is focused on unlocking the economic opportunities of Africa and it’s a time when the company can have real economic impact in the country. I believe technology is an enabler at every level of society and am excited at being able to have an impact on this vibrant and unique country.”
With Gross Domestic Product growth rates sustained at over 6%, Nigeria has shown continual expansion, including diversification within the oil sector and considerable infrastructure investment in the Information &Communication Technology (ICT) sector.
Microsoft firmly embraces this tremendous economic and social progression, with Makwane at the helm.
“The renewed emphasis by the Nigerian government on the ICT sector holds considerable promise for what technology can bring to consumers and businesses,” Makwane said.
“It gives us an opportunity to use our technology, talent, time and money to help create sustainable growth in the country and across the African continent.”
Microsoft has been operating in Nigeria for 13 years and currently has a local partner ecosystem of 1,750 members.
In addition, through its partner ecosystem it has created 45 000 jobs, supported 300 startups, reached three million students through the Partners in Learning programme, and seen 65 000 downloads of free DreamSpark developer tools.
“I’m excited to be spearheading this continued investment in Nigeria, and certainly look forward to working with government, industry, academia and the general public to enable Nigeria to realise its potential through innovation,” Makwane said.
“I look forward to unearthing the economic opportunities, especially with small businesses to drive job creation, and to foster meaningful 21st century skills in our youth.”
Prior to his role as country manager, Makwaneserved as Public Sector Director in the Microsoft South Africa subsidiary.
Here, he led the business to double digit growth and built an accomplished team, which continues to deliver high growth levels.
Hennie Loubser, general manager of West, East, Central Africa and Indian Ocean Islands said, “I applaud Kabelo on this exciting new role. He has a close relationship with the team and has been following the market closely, establishing strong connections in the region. His passion and natural understanding of our business makes him the ideal candidate for this role.”
As a multinational organisation, Microsoft believes inhiring individuals that can bring global and external expertise into different regions, whilst at the same time gaining new experiences.
“It’s worth noting that Nigerian national and ex-Microsoft Nigeria employee, Kunle Awosika, is now the country for Microsoft Kenya – another example of our diversity and bringing external expertise to strategic and critical roles,” explained Loubser.
“This way, knowledge can be shared and integrated across different markets – ensuring that different regions benefit, learn and gain insights from each other. Kabelo’s extensive Microsoft experience is definitely going to complement the local knowledge base and bring something beneficial to the ICT industry in Nigeria.”
As country manager, Makwane hopes, among many things, to address the challenge of local innovation. “While most technology trends, innovations and consumer products come from the West and the East, Africans are realising that for us to solve the continent’s technology-related challenges, we have to find African solutions,” he said.
“ICT holds transformational opportunity for Nigeria. Innovation will help the country leap from the industrial revolution into the information era. It is the land of opportunity. There is no place like it.”
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
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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”.
E-Business
NIMC Warns Nigerians of Fake NIN Website

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