E-Business
Konga Building World-Class eCommerce Platform for Nigeria-Kamara

Alex Kamara, chief operating officer, Konga.com, has reiterated the commitment of the e-commerce engine towards building a world-class platform for Nigeria and Africa in general.
Kamara made the remark during the unveiling of the Nigeria’s largest online mall in Lagos, adding that Konga is fantastic Nigerian story.
“But it is actually bigger than that. It is an African story and we are really committed to this vision of a world-class eCommerce platform for Nigeria and more broadly, for Africa,” he said.
The Konga.com’s mall measuring 120,000 sqr feet is primed to be the biggest of any single online retailer in Africa.
Tagged “Konga Fulfilment Centre (FC), the COO said that facility meets its immediate needs and also provides ample scope for expansion as the company grows.
“As you can see we are currently using only half the floor space. This setup allows us to optimize efficient operation for our current size but offers the scope and flexibility for very rapid expansion of the operations as needed. Note the height of the ceilings. We can actually utilize 4 times the space we currently occupy by introducing a second level above the first”.
“This FC therefore provides a durable platform for the physical operations of the business. Aligned with our strong technology base and rapidly growing logistics /Fulfilment operation, we are reinforcing the solid foundations of our eCommerce company. This is all about our customers; the FC is another critical step towards world-class selection and service for our customers.
“Specifically, this new KONGAfulfillment centre allows (i) KONGA offer a broader and deeper selection of wares; (ii) our retail partners to offer a wider selection through our Marketplace and Fulfilment by Konga channels; (iii) our customers to benefit from the increased selection, improved service delivery and competitive prices that have always been part of the Konga appeal.
“As we move forward we will continue to upgrade this facility to allow us to constantly improve our service delivery. We can think of this as a future-proof site.
All of which allows us to provide the consumers with more choice, better service, competitive prices and customer satisfaction.
Kamara added that Konga is building a business with an eye on the best in class / best of breed for the customers.
“We believe that it is possible to do this in Africa, better yet, in Nigeria. We believe the consumers need and deserve the options and the utility that Konga provides and we strongly believe that despite the myriad challenges, it is possible to create such a business in Nigeria and have it thrive”.
Nevertheless, he identified that there are fundamental challenges faced by any technology starting up in Africa like infrastructure, human capital, consumer awareness primarily; “were this business in any other African country, the challenges would be pretty much the same”.
“But we are not dissuaded by these challenges. They form the foundation of Konga; they are the earth from which this particular tree is growing.
He maintained that the company is more interested on productive cutting-edges as the solutions to devise in the face of these challenges.
“These solutions are derived from a deep understanding and appreciation of the reality on the ground”.
He said that they are not misguided about the extent of the challenge as Konga has been winning these battles and achieving significant milestones despite them.
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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