E-Business
Galaxy Backbone, VCs of Nigerian Universities Partner to Deploy Education Cloud

Galaxy Backbone Partner Vice-Chancellors to Deploy Education Cloud, as business applications are moving to the cloud. In this regard, the company is partnering with Vice-Chancellors of various Nigerian universities to leverage its suite of cloud applications which can be accessed over the internet or Galaxy Backbone’s fibre and terrestrial wide area network.
The partnership was one of the major outcomes at the Annual Vice-Chancellors of Nigerian Universities (AVCNU) Conference held in Port Harcourt, Rivers State recently.
According to Nneka Nwobi, group head, Business Development, Galaxy Backbone Ltd, “We are excited that the shift from traditional software models to the Internet has steadily gained momentum over the last 10 years. As a leading ICT infrastructure and services company in Nigeria, we believe that the next decade of cloud computing promises new ways to collaborate everywhere and empower Nigerian Universities with the technology platform to compete in a global world”.
The key components of Galaxy Education Cloud include nationwide, dedicated institution management systems, a robust, personalized platform for student administration, access to nationwide fiber backbone with special discounts for Higher Education and dedicated online collaboration spaces for VCs and Faculty with secure access control.
Nwobi further stated that as a key technology partner, Galaxy will ensure high-speed connectivity links to all institutional partners as well as provide capacity-building activities for university personnel.
In his presentation at the conference, the Managing Director of Galaxy backbone Ltd represented by Nneka Nwobi said that universities are critical stakeholders in preparing the future workforce and that there was need for meaningful and robust engagement between the Gown and Town so that outputs from the ivory towers would meet the needs of the industries.
He urged the university authorities on the need to embrace requisite technologies and digitization of records across universities which would open plethora of opportunities that would drive internally generated revenues (IGRs) that are essential for entrenching universities autonomy.
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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