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SAP, ActivEdge Partner to Drive Mobile Solutions for Financial Services

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Richard Edet, SAP West Africa MD,
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SAP Africa has announced a partnership with ActivEdge Technologies, an SAP OEM (original equipment manufacturer) certified partner, to drive innovative mobile solutions to fulfill the growing needs of the financial services industry in West Africa.

Richard Edet, SAP West Africa MD, commented that the ActivEdge Technologies OEM partnership will help SAP to further penetrate the thriving financial services space in West Africa.

“SAP intends to become the platform of choice in mobile commerce banking and a trusted advisor to the banking industry in West Africa. This partnership will allow ActivEdge to build its own intellectual property in rapid response to market demands and thereby help SAP grow its market share in the region.”

According to George Agu, CEO of ActivEdge Technologies,  this partnership means that banks in West Africa can now enjoy the benefits of a comprehensive mobile platform at an affordable price. The partnership will enable banks to grow their market share, provide flexible and convenient services to the growing mobile customer base and the unbanked population.

As part of the partnership, ActivEdge Technologies is now certified to offer the following SAP solutions: SAP Mobile Banking, SAP Mobile Inclusive Banking, SAP Mobile Consumer Payments, SAP Mobile Remittance, SAP Mobile TopUp and SAP Mobile Payments.

Agu commented that prevailing trends in the local banking sector show that many banks are still looking at mobile commerce simply from transactional viewpoint.

He said that most banks run the risk of missing the enormous mobile commerce opportunity unless they change the way they conduct business. “Transactional interaction alone is not adequate to inspire consumers: customers want end-to-end mobile experiences that enhance their daily rituals, from shopping to banking.”

Agu concluded that, “The benefits as a result of this partnership for the banking industry in West Africa are vast-leveraging a technology built on the most open and standards-based mobile application development platform – SAP Mobile Platform, with prebuilt modules for inclusive mobile commerce banking services, that rapidly and cost-effectively deliver scalable and secure user-centric mobile apps, while giving banks the freedom to be as innovative as they can ever be with custom services with which they can delight their customers, inspire loyalty, reduce support costs and increase revenue. ActiveEdge is proud of its partnership with SAP”.


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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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