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Oracle, CWG, Others Reveal Ways to End IT Skill Shortages

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(L-r): Austin Okere, group chief executive officer, Computer Warehouse Group, Adebayo Sanni, country managing director, Oracle Nigeria, Abdulahmed Mustapha, director general, Lagos State Financial Systems Management Bureau and Toju Onaiwu, director, Software at Edo State ICT Agency, during a roundtable with the press in Lagos.
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Panelists at Oracle Corporation roundtable in Lagos said, unanimously, that although technology is first-rate resource and available in Nigeria, but will become useless without adequate skill sets to harness the potentials.

At the World Economic Forum 2014, it was revealed that technology added six billion jobs, even as world economy increased by $193billion.

Thus, the panelists comprising Adebayo Sanni, country managing director of Oracle Nigeria and other partners- Mr. Austin Okere, group chief executive officer, Computer Warehouse Group, Abdulahmed Mustapha, director general, Lagos State Financial Systems Management Bureau and Toju Onaiwu, director, Software at Edo State ICT Agency, agreed that the in-coming administrations, both at the Federal And State Government levels, must not shy away from the efficacies of using information communication technologies (ICTs) to salvaging the economy from excess dependent on oil and gas.

Leading the discussion, Sanni said that while many may watch the tumbling oil price with dismay, in some ways it can be viewed in a positive light, adding that the loss of oil revenues has compelled the country to give more attention to other areas of the economy, including technology.

According to him, the Country will perform better in the IT space with requisite skill sets, especially with the private and public sector working cordially to ensure the teeming youths in the society are equipped. 

A recent survey by the CBI revealed that 39% of firms are already struggling to recruit workers with the advanced technical science, technology, engineering and Maths (STEM) skills they need, and 4% of firms believe that the shortage will persist over the next three years.

In the software and applications development space there is a shortage of developers, especially in Nigeria where the digital economy is expected to grow exponentially.

To tackle this, Sanni said that Oracle and Lagos State have just completed phase 2 of the Lagos State Workforce Development Program, to assist in training graduates on Oracle Database or Oracle E-Business Suite.

The program provides graduates with opportunities to acquire industry-relevant skills and internships within the private sector and in some of the State’s ministries.

Oracle Nigeria also offers hands-on internships at its office situated in Lagos, Abuja, and other African countries, to grow a pipeline of fresh business and ICT talent for Oracle and its West African ecosystem. Currently, 12 interns are engaged at Oracle Nigeria.

He said, “These are just 2 examples of initiatives that Oracle, as a local employer, is driving to support the creation of a technical savvy workforce – other programs include supporting universities and women in leadership activities.

“Technology is no doubt changing the way we live and work around the world and specifically in Nigeria.

“Public and private organizations have a responsibility to work together to help young people acquire key business and IT skills that can help them in turn to cultivate long-term success”.

He said that individuals, companies and governments are already using technology to innovate, bringing a fresh approach to creating new businesses or boosting growth in industries that make up the Nigerian economy.

On his part, Mr. Austin Okere, group chief executive officer, Computer Warehouse Group, said that the Company, now a Group, discovered at the early stage of the business that skill sets are prerequisite to delivering quality products and services to the customers.

He said, the idea gave birth to CWG Academy for training and retraining of CWG staff and those from the partners’ circles.

“This singular idea is now helping OEMs (original equipment manufacturers) galvanize the skills aspects of their business. Even the Lagos Business School has been receiving support from us in the form of tools; we engage the best graduates and release others to help partners and Governments to get their IT practices right.

“We worked with the World Bank to connect students in research institutions and universities. Today, there are 27 universities connected via NgREN and others on the verge of joining,” Okere said.

He identified Oracle Systems as ‘no-brainers’; requiring just interests from the youths to excel.

To, Abdulahmed Mustapha, director general, Lagos State Financial Systems Management Bureau, army of unemployed youths portends a nation seated on a keg of gunpowder; hence the State Government has continued to work with Oracle to find better ways to serve the citizens.

He recalled that, then government of Asiwaju Bola Tinubu, in 2001, made moves for the computerization of the accounting processes; results are the increase in the internally generated revenue (IGR) from N600miilion to presently N25billion monthly.

Mustapha said, “Oracle Systems have helped us keep our money well in terms of record keeping, which springs over to infrastructural development. In Lagos with about 20 million populations, every Lagosian needs one service or the other. So, technology is the only apparatus that will help less than 200,000 government workers to deliver services to the people and promptly.

“Today, Lagos State Public Service Staff Development Centre (LSPSSDC) has Oracle tools to train workers and develop youths for skills that will benefit the government and other OEMs. Banks are retrenching, telecoms are looking for ways to balance their books, so, when they are not employing, how do we keep the people’s hopes high, as a government? Currently, we are working with UniLag, LASU, LASPOTECH and other tertiary institutions in the State to even get the lecturers ready, because skills transfer is important”.

He expressed confidence that IT developmental agenda of Governor Babatunde Fashola will be sustained by the in-coming administration, adding that, “We have a 25-year developmental plan from where every government in the State draws its aspiration and ICT takes centre stage in the document”.

Also, Toju Onaiwu, director, Software at Edo State ICT Agency said that the Agency was established to booster the knowledge economy of the State.

He said, “”About six years ago when we came in, the Governor Adams Oshomole felt the need to identify key developmental areas, which led to the four-years short term and eight-years long term agenda on using ICT to drive business and governance.

“Right from 2009, we identified Oracle solutions have helped us in the areas of auditing and scrutinizing the workforce for ghost workers, saving N2billion in the first year. Procurement and payment systems are done using Oracle system”.

He said the Government also identified skill sets shortage as setback to actualizing the targets but has succeeded in recruiting youths to aid the Government in that regard.


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E-Business

Transcorp Hotels Delivers Stellar H1 Results, Declares Over ₦1Bn Dividend

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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.


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Microsoft Servers Hacked by Chinese Groups

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Chinese “threat actors” have hacked Microsoft’s SharePoint document software servers and targeted the data of the businesses using it, the firm has said.

Microsoft Servers Hacked by Chinese Groups

 

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”.

 

 

 


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NIMC Warns Nigerians of Fake NIN Website

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National Identity Management Commission (NIMC) has issued a public warning that it is not associated with NINcard.com.

NIMC Warns Nigerians of Fake NIN Website

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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