Connect with us

E-Business

Systemspecs Canvasses Manpower Development to Serve Booming ICT Sector

Published

on

Kindly share this post

SystemSpecs, indigenous technology giant, has urged the private sector to ramp up manpower development to meet the industry’s huge demand.

Systemspecs Canvasses Manpower Development to Serve Booming ICT Sector

 

John Obaro, managing director of SystemSpecs, who made the call emphasised that while the current positive developments within the ICT sector have created huge opportunities for the sector, there are still major challenges with manpower development.

Obaro, who was represented by Ugy Ngele, chief security information officer, SystemSpecs, said this at the Nigeria Computer Society’s Information Technology Business Forum themed, “Enhancing the Technical and Entrepreneurship Capabilities of Information Technology Companies and Startups in Nigeria.”

He noted that the scarcity of manpower in the tech industry is a major challenge. This is caused on one hand, by inadequate training from the school system, and on the other hand, it is caused by a consistent brain drain due to high demand for ICT talents.

“The schools are not churning out the level of intellectual products that should power the opportunities springing up. There is a challenge of the education curriculum. There is also the challenge of manpower emigrating, because the IT capabilities are scarce and when demand is higher than supply, prices will rise,” Obaro lamented.

Obaro noted that providing human capital to power the vision of Nigerian companies has become a serious challenge, alongside increased electronic fraud.

The tech expert posited that the private sector cannot depend on the government to drive profound positive changes in the industry.

“In terms of what could be done, I think a few of the companies are doing it already. In any of the changes we really want to drive, we can’t depend on the government; the private sector has to find a way to go to the schools and drive those changes,” he said.

Obaro gave examples of what SystemSpecs, a leading financial and human resource technology solutions company, is doing to develop and retain talents.

Amongst such initiatives are technology-themed competitions in schools, training to stimulate interests and harvest raw tech talents, and employment of budding tech potentials.

Nevertheless, the tech expert held an optimistic view of the situation, stating that only organisations with the right mechanisms to harvest and develop these talents will be able to maximise the current opportunities in the industry.

“Looking forward, if we took on the proper change management and put the right processes in place, I think we would be happy about the difference we would experience,” Obaro said.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

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

Published

on

Kindly share this post

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.


Kindly share this post
Continue Reading

E-Business

Microsoft Servers Hacked by Chinese Groups

Published

on

Kindly share this post

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”.

 

 

 


Kindly share this post
Continue Reading

E-Business

NIMC Warns Nigerians of Fake NIN Website

Published

on

Kindly share this post

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.


Kindly share this post
Continue Reading

Trending