E-Business
Yudala Takes over Yes Mobile
Yes Mobile, a cosmopolitan high-value retail outfit with a multiplicity of stores in Lagos has been taken over by pioneer composite e-commerce company, Yudala in what industry watchers consider a strategic duplex acquisition.
Onoidem Idiong, senior management staff of Yes Mobile described the Yudala take-over as a stylish but very detailed way of modern acquisition.
“The process commenced a few months back and was concluded about a couple of weeks ago. We are happy to see the number one e-commerce and pioneer composite retail company take charge. In a few days’ time, Yudala’s striking fuchsia pink will become our new color and we shall start exciting our customers with other world-class products beyond ICT products and accessories,” he said.
When contacted, Gideon Ayogu, head of Media Relations at Yudala confirmed the story, noting that Yudala has indirectly been eyeing Yes Mobile as well as a few other sterling start-ups in her strategy to become the undisputed leader in the e-commerce sector.
“I can say it is the most creative partnership or acquisition I have experienced as it was target-driven with a lot of knowledge on display. Nigerians will certainly start experiencing the results of this acquisition within a few days. We have a lot on our sleeves as a solid and fastest growing e-commerce company in Africa. This is in addition to the over 25 physical stores we have launched in 18 months and the many job opportunities these have unlocked for Nigerians.
“With this takeover, Nigerians now have additional ease and convenience of shopping a variety of products including choice wines and spirits, fashion items, kitchen appliances, electronics and much more from more physical locations, while still enjoying the revolutionary Yudala advantage. These include the freedom to shop online and enjoy free delivery nationwide; ordering online and self-fulfilling your order by picking up from the nearest store or you can just walk into any of our stores nationwide to see and experience the products before buying. As you know, no other e-commerce company offers these in Nigeria.”
Yudala will add the Yes Mobile chain of store locations and other resources to its rapidly growing retail platform, with the erstwhile Yes stores set to fully assume the striking colours, look-and-feel and architecture of the Yudala brand from May 2nd, 2017.
With an increasing number of stores spread nationwide and many more in the pipeline, Yudala’s acquisition of Yes Mobile will see an astronomical increase in the physical store presence of the revolutionary e-commerce company whose bold and futuristic fusion of an online platform with offline stores has raised the bar in the e-commerce industry.
According to Oyeronke Atoyebi, Head of Offline Retail, the recent acquisition of Yes Mobile is in line with Yudala’s mandate of expanding the scope of e-commerce in the country.
“At Yudala, our roadmap is very clear. Apart from being the first company to combine online and offline in the e-commerce world, thereby offering Nigerians an upgraded and futuristic experience of e-commerce; our status as the largest online and offline retail chain is also well-known. It is in line with this status of ours that we have embarked on the expansion of our offline store presence through the strategic acquisition of Yes Mobile.
“It is a huge credit to Yudala and a demonstration of our confidence in the Nigerian economy that, we are expanding and creating more jobs at a time when many companies are laying off staff as a result of the economic depression.
“Through this strategic take-over of Yes Mobile, we intend to give more Nigerians a chance to enjoy a revolutionary experience of e-commerce which we have become renowned for. Today, many have come to rely on us for the ease and convenience which our composite platforms – online and offline – have brought to the conduct of e-commerce in the country. In addition, our uncompromising emphasis on genuine products sourced directly from manufacturers have set us apart and helped the consumer enjoy peace of mind.
“Many other novel and exciting initiatives are in the process of being unveiled in the market which will change the dynamics of the e-commerce sector. These strategies are all in line with our corporate DNA as well as our vision of becoming the undisputed leader in the e-commerce industry in Nigeria and beyond,” she disclosed.
Launched a little over 18 months ago, Yudala has quickly assumed a major role in the Nigerian e-commerce space with its futuristic fusion of online and offline platforms and uncompromising emphasis on genuine products, positioning it as a potential leader in the Nigerian retail space.
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.
E-Business
NITDA, API Partner Against Harmful Online Content

National Information Technology Development Agency (NITDA), in partnership with the Advocacy for Policy and Innovation (API), has convened a one-day workshop in Abuja to advance dialogue on the draft Online Harm Protection (OHP) Bill to confront harmful online content.
The bill, a rights-based, locally rooted, and multi-stakeholder initiative, is aimed at addressing the challenges of the digital age.
The event, which held yesterday, brought together government officials, civil society, academics, digital platforms, and legal experts to shape a policy framework designed to combat online ills such as cyberbullying, disinformation, hate speech, digital exploitation, and gender-based violence, while safeguarding democratic freedoms and digital inclusion.
In his keynote remarks, Kashifu Inuwa, director general, NITDA urged a paradigm shift in the way society engages with digital technologies.
“For almost two decades, we have viewed digital technology through a consumer lens. But these technologies are not just products and services. They are transforming how we live, work, and interact. They shape our politics, our society, and our democracy,” he said.
Warning against unaccountable digital power in the hands of private corporations, the DG likened the digital journey to the tale of Alice in Wonderland, where initial fascination with innovation has given way to deeper concerns about privacy, autonomy, and manipulation by big tech platforms.
“We thought we were using Google, but now we realise Google is using us. Social media, once a tool of expression, has become a tool of surveillance and influence,” Inuwa noted.
He, therefore, emphasised the urgency of developing a democratic and accountable framework. He explained that following the 2021 Twitter ban, NITDA facilitated dialogue between the government and platform operators, leading to a Code of Practice that stressed Nigeria’s sovereignty and legal standards.
According to him, the same process birthed the multi-stakeholder steering committee and the OHP White Paper in December 2024, laying the foundation for the current legislative push.
Earlier in her opening remarks, Victoria Manya, co-founder, API, observed the moral and civic necessity of the bill.
Her words: “The internet did not break society, it merely revealed its unfiltered version. Every day, Nigerians are exposed to harassment, disinformation, exploitation, and even algorithmic violence. The OHP Bill is not a war on the Internet. It is a peace offering to its users, a social contract for a digital future that is safe, inclusive, and democratic.
“We cannot answer the question of algorithmic power with unchecked state control. We must answer it with shared, rights-based governance. This bill must not be written for the people, but with them.”
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