E-Business
Prime Media Group Selects Ericsson’s Foremost Professional Video Chip
Prime media group is the first APAC customer to deploy AVP 4000-based platform, powered by Ericsson’s first in-house professional video chip and will also deploy the AVP4000 in both MPEG-4 AVC contribution applications and MPEG-2 for DVB-T broadcast.
In Ericsson’s vision of the Networked Society said that the amount of video being created and consumed will continue to grow rapidly. Ericsson, a world-leading provider of communications technology and services and enabling the networked Society with efficient real-time solutions that allow them to study, work and live lives more freely, in sustainable societies around the world had predicted that by 2020 there will be 50 billion connected devices, and of these, more than 15 billion are expected to be video enabled.
Consumers demand for high quality, personalized video services is increasing, which is placing greater pressures on operators to provide exceptional quality across multiple applications.
Prime media thus, selected Ericsson’s latest video processing platform to deliver new channels and improved efficiency.
The platform’s encoding capabilities will enable Prime to optimize its workflow and minimize operational costs while delivering a high level of resilience.
The deal enables Prime to provide an enhanced user experience which delivers exceptional quality, improved efficiency and meets consumer demand
Prime is the first publicly announced customer in the Asia Pacific region to deploy Ericsson’s AVP 4000 compression platform, which is powered by the company’s first in-house programmable video processing chip.
The announcement builds upon Ericsson’s presence as the leader in video compression technologies in Australia, where it provides systems for 4 out of 5 national TV networks plus other noteworthy regional networks in addition to Prime.
Ericsson’s AVP 4000 high-performance compression platform eases integration, expansion, re-purposing, training, repair and upgrades, considerably lowering the overall cost of ownership by addressing all applications, codecs, resolutions and profiles.
It offers the highest performance and broadest capability in the industry on a single platform across all applications, from SD to HD, 1080p50/60, 3DTV and Ultra High Definition TV (UHDTV), and all codecs, including MPEG-2, MPEG-4 AVC and JPEG2000, with 4:2:0 and 4:2:2, 8-bit and 10-bit all supported.
“Our deep understanding of our customers’ requirements enables us to remain at the forefront of broadcast technologies so media organizations like Prime have the necessary equipment they need to roll out new services,” said Ward Hansford, Head of Asia Pacific, Business Line Compression.
“The demand for new services places considerable pressure on the bandwidth requirements necessary to deliver high quality video, but the flexibility of the Ericsson AVP 4000 delivers an unmatched level of encoding efficiency that well exceeds these requirements.”
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.
- Telecom2 days ago
Glo Launches Nigeria’s First-of-its-kind Device Protection Plan
- Telecom2 days ago
Telcos: How and Why Network Services have Been Poor
- Broadcasting2 days ago
Canal+ Clears Final Hurdle to Acquire South Africa’s MultiChoice
- E-Business2 days ago
NIMC Warns Nigerians of Fake NIN Website
- Telecom2 days ago
MTN Executive Adeola Oduntan Emerges as Africa’s Supply Chain Leader of 2025
- Telecom2 days ago
MTN Nigeria Sweeps Africa’s Procurement Awards With Innovation and Impact
- E-Business2 days ago
Microsoft Servers Hacked by Chinese Groups
- Telecom2 days ago
Telegram to allow U.S. users send, receive crypto directly in app