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Progenics Sets Global Targets for 2009

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Frontline systems and solutions integrators in multiple sectors of the economy, Progenics Corp Limited said that it has concluded plans to formally open its international office in the United States of America.
The company said that the idea behind the new office is to properly define the international identity of the company as well as positioning it to offer enterprise IT solutions to a greater number of international clients. The office is expected to be open before the end of the year.
More so, Progenics has continued to receive performance accolades, as the company has been awarded two distinguishing awards as Best Software Company in Nigeria for the year 2008.
First was the third consecutive back-to-back win of the Nigerian IT and Telecom Awards (Nitta) as the Best Indigenous Software Company of the year, and recently the Lagos Enterprise Awards (Lead) in collaboration with the Lagos State Ministry of Commerce and Industry also awarded it the Best Software Company penultimate Saturday. This was achieved after beating the likes of Socketworks and SystemSpecs to the coveted award, making it the very first time any other company will be recognized with two prestigious awards in the software genre in the same year.
The organizers of the Lagos Enterprise Awards made it known that the concept of Lead, as the premier enterprise award that promotes initiatives, leadership excellence and the culture of economic advancement in the continent, is to recognize and reward innovators of excellent ideas and organizations that are leading lights in the enterprise.
The award was instituted as a public-private-partnership project by the immediate past governor of Lagos State, Asiwaju Bola Ahmed in 2006 via a partnership agreement between the State Government’s Ministry of Commerce & Industry and Sainte Paul International as event organizers.
Anthony Udoh, chief executive officer, Progenics, explained that the expertise and professionalism of his firm over the years has made it the solution provider of choice for the financial, oil/gas and public sectors of the economy. This can be seen by the plethora of specialized application solutions from the company’s stable like the GovAc (premium e-government solution), and Symbols (a complete range of solutions for investment management and financials) and SymbolsM (an integrated solution for the micro-finance institutions). This is in addition to the elaborate technical superiority exhibited by the company in the complete automation of the floor of the Nigerian Stock Exchange (NSE).
According to him, our efforts in IT solutions in the country and beyond has always stood us out as solution providers of choice so there is really no surprise that everyone will want to recognize our achievements.
“Rather, it is more of a challenge for us to always stay on top by doing what we do in the best possible global standards”, he said.


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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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