E-Business
Capacity Building for Cyber Security in Nigeria

One of the biggest challenges on the internet today is cyber crime. This is because, hackers are becoming more sophisticated by the day. In order to ensure that the internet is much safer, there is the need to train more experts in this emerging field of Cyber Security.
I recently had a chat with Remi Afon, the President of the Cyber Security Experts Association of Nigeria, CSEAN, and he shared his views on capacity building for the Cyber Security industry, especially, in Nigeria.
Remi said that, presently, we have a shortage of Cyber Security professionals in Nigeria as well as a global shortage in that field. He stated that the global shortage is, in fact, going to hit about 1.8 million in the next 5 years, from research conducted.
He went further to state that Nigeria is not doing anything to breach the gap, unlike in the UK, for instance, where some young talents are being trained. These trainees, he said, will form a sort of cyber army for the UK in future.
Expanding on what the UK is currently doing about getting more Cyber Security professionals, Remi said that the UK just created a Cyber Security Academy that will develop the talents of people between the ages of 16 and 19, to protect the UK’s cyber space.
He stated that, according to a research by Security Intelligence in America, there are about 30 countries building security capabilities.
It is, therefore, not only the UK that is building its Cyber Security capabilities, but other countries like Russia, North Korea, etc., are also developing talents that will be able to defend their cyber space. He reiterated that some countries are even developing professionals for offensive capabilities in the cyber space and these are known as rouge nations.
On who is funding the Cyber Security Academy in the UK, Remi said that some NGO’s are funding it with the backing of the British government.
On what is missing that makes Nigeria not to have enough Cyber Security professionals, Remi is of the view that Nigeria started on a faulty foundation. He stated that we do not have these courses offered in our universities and institutes, therefore, the need for awareness campaign.
Remi opined that, Nigeria can start training Cyber Security professionals that will even service part of the shortfall in Cyber Security professionals expected worldwide in the next 5 years. This, according to him, is because one can operate from anywhere in the world. “All you need to do is to have a security operative centre in Nigeria, being manned by Nigerians and you will be servicing a lot of multinational organisations”, Remi said.
Responding to the question as to what Nigeria should be doing at this time to up our ante in the cyber security space because the cyber space is fast becoming unsafe on daily basis, Remi stated that there is need for collaborative efforts to fight cyber crime.
He opined that government needs to take the leadership role in this mobilisation for collaboration and the Private sector and NGO’s too should come together, so they will have a common front to fight the menace.
In Remi’s view, the private sector is not yet doing enough because, presently, there is no leadership. “If the government provides leadership, the private sector will fall in line without coercion.
Examples abound all over the world”, Remi said. “All that the government needs to do is to provide us the platform and not money as everything is not about money. All it needs to provide is the leadership and every other sector will fall in place and support the efforts of government”, he stressed.
Stating some of the risks we face in the future if nothing is done to check cyber crimes, Remi stated that we face risks, now and in the future. These include the country being hacked, national elections can be influenced by foreign countries, etc. As the 2019 elections is fast approaching, Remi said that Nigeria should be ready for hackers, hence, there is the need for the government, politicians, etc., to find means of protecting their data. ” Everybody needs to be cyber security conscious “, Remi emphasised.
Stating the requirements for becoming a Cyber Security professional, Remi stated that the first step is to join the CSEAN, a platform where they can be trained in the field of Cyber Security, through the needed guidance and leadership.
They can also specialise in training to become ethical hackers, etc, according to him. He also stated that there are also other resources they can tap from online. They can then sit for and pass their exams to earn certification. Remi said that they are also taught the ethics of the profession too as everything is not all about hacking. He stated that having a degree to join up in the cyber security space is no longer relevant as there is no need to put a barrier because it has been found out that most hackers are not even educated, while some are teenagers still in secondary schools.
Remi commended the efforts of the CFA team in posting video clips of Online Security segment of the Tech Trends on Channels Television show on YouTube in order to educate people about the risks involved while online and how to circumvent them. He also assured that his Association also assists by re-posting and sharing the posts on social media, so that it can reach more online users.
In his final submission, Remi stated that people should take cyber security seriously. “We should not allow it to happen to us before we start looking for remedies”, he advised. He stated that, in line with his Association’s initiative called “Stop, Think On It”, he is now advising people to key into it and be careful with what they share online. ” When you see any information, email or attachment, think twice and be sure it is coming from a legitimate source and verify first before you click on it”, he concluded.
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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