E-Business
Tech’s Role in Bringing Retailers Online

With retailers forming part of the backbone of the Nigerian economy, as everyone is connected to them one way or the other, it is important the problems faced in this sector get reduced to the barest for significant economic growth.
Business to business (B2B) tech platforms are pulling their weight in bringing interventions to the challenges daily faced by retailers in the course of running their businesses.
More retail business owners are experiencing relief and growth through the technology measures put in place by these tech platforms.
In a recent interview with Global Business Report on AriseTV, Adewale Opaleye, CEO of Alerzo said the company started off by building an online central market for retailers where they have access to many products that they will naturally walk around the open markets or stores to get.
Not only do they operate a one-stop online store, where customers can order goods from using the USSD code or logging to their platform with their internet enabled phones, they also operate a swift delivery network for their customers without any charges attached.
“We own a lot of vehicles and that is very important because if you know these retailers they don’t own that capital to wait 24 hours for the products.
“So they mostly will want the products immediately because they need to sell them off and make some margins from selling the products to feed their families,” he stated.
Alerzo also helps its customers in monitoring their sales and expenses in addition to other aspects of digital payment to avert the risk of losing their money which retailers face when they move with physical cash to the open market for restocking.
“We also launched our bookkeeping software that allows retailers to manage their inventories. On top of that, we built a financial tool like the POS terminal that accepts digital payment from retailers.
“Right now Alerzo retailers can manage their transactions and businesses on our bookkeeping software. They can accept payment from our device called Alerzopay. On top of that they can order products they need from Alerzoshop platform.
“…We built our own logistics routing software that allows our drivers to walk around retail stores pretty quickly. It’s super easy for us to work with logistics companies that can bring in their vehicles onto our own platform and leverage on our infrastructure to grow their businesses as well,” Opaleye added.
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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