E-Business
Go Digital, Go Cloud: Huawei Explores New Growth Potential in Intelligent World

Over 500 industry analysts, media representatives, and opinion leaders across a range of disciplines gathered in Shenzhen for the 14th annual Huawei Global Analyst Summit (HAS).
Hosted by leading global information and communications (ICT) solutions provider, Huawei Technologies, the analyst summit held recently highlighted Huawei’s latest innovations, business practices, and solutions in domains like cloud services, video, the Internet of Things (IoT), AI, and digital transformation. Huawei will also take this opportunity to discuss its strategy in these domains.
Eric Xu, Huawei’s Rotating CEO, opened the summit with an in-depth overview of the company’s strategy.
“The journey to an intelligent world has already begun,” he said. “Many years of exploration and innovation in technology are driving industry development, presenting huge business opportunities. Huawei will remain committed to building more connections, enlarging data pipes, and driving digital transformation. By focusing on ICT infrastructure and smart devices, we will enable this intelligent world and drive its ongoing progress.”
Xu went on to discuss how providing cloud services has already become a basic business model. “Beginning in 2017, Huawei will focus on public cloud services. We will invest heavily in building an open and trusted public cloud platform, which will be the foundation of a Huawei Cloud Family. This family will include public clouds we develop together with operators, and public clouds that we operate on our own.”
William Xu, executive director and chief strategy marketing officer at Huawei, expanded on Eric’s keynote to discuss new opportunities brought about by digital transformation. “Digital transformation opens up immense new potential for value-driven growth in traditional industries,” he said. “Naturally, industries are eager to tap into this potential. According to findings from the 2017 Global Connectivity Index, digitization is gaining momentum around the globe. Investment in cloud computing is ramping up on a regional and national scale, and the cloud is seeing broader application. This will help industries go digital—and fast.”
William Xu noted that ICT infrastructure is an important pillar of national economic growth, and that the cloud in particular is key to unleashing the power of connectivity.
For this reason, Huawei recommends that countries and industries turn their attention to digital transformation as a driver for growth, and pursue greater development and investment opportunities in emerging fields like cloud computing, IoT, and big data in order to reap the benefits of technological development.
In his presentation, Ryan Ding, executive director and president of Products & Solutions at Huawei, reminded attendees that “during last year’s summit, we made a commitment to advocate, promote, and lead the All-Cloud evolution. We have done this, and have now shifted our focus to getting All-Cloud off the ground and driving commercialization. Beyond this, as we stand at the edge of a trillion-dollar video market, Huawei is also positioning itself as an enabler of operator and vertical success in their video businesses. Our All-Cloud and video strategies require the support of a symbiotic ecosystem. Huawei welcomes partners with open arms to collaboratively push for new growth in the ICT industry ecosystem.”
Huawei said it adheres to principles of openness, collaboration, and shared success across the ecosystem. The company has doubled down on its commitment to customer-centricity, and over the past few years has stepped up its efforts to develop and invest in industry alliances, business alliances, open source communities, and developer platforms.
Huawei’s goal is to help each of its partners maximize the potential of their unique strengths, thereby growing the industry and cultivating a sustainable, symbiotic ecosystem.
Ryan Ding, Huawei’s President of Product & Solutions, sums up Huawei’s strategy for implementing All-Cloud, enabling video, and building the industry ecosystem
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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