E-Business
Technology Solution Key to Business Sustainability- BCX

Business Connexion, an Information Technology (IT) Systems Integrator Company, with operations in Europe, Middle East and Africa (EMEA), has stressed the need for small and big enterprises in Nigeria to drive their businesses with technology solutions, if they must remain relevant in business during this period of economic recession.
Mr. Ayo Adegboye, the newly appointed managing director of Business Connexion Nigeria, who became the first Nigerian to assume the position of managing director of the multinational company, made the disclosure in Lagos recently, during his first media briefing on the activities of Business Connexion (BCX) in Nigeria as a technology solution provider.
Adegboye who is passionate about positioning the company as the foremost technology solution provider and business advisor, promised to boost customer confidence and satisfaction, using Internet of Things (IoT) and the cloud technologies.
Speaking about the economic recession the country is currently passing through, Adegboye said business owners need not panic, provided they allow technology solutions to drive their businesses, which he said are capable of reducing total cost of managing businesses and at the same time helping business owners enjoy economics of scale and business sustainability.
Adegboye however called on government to diversify the economy by channelling its policies to enhance technology development in the country.
“Government needs to come up with strong policies that will turn around the economy, and it must ensure diversification of the Nigerian economy from monolithic economy to diversified and knowledge-based economy. India for instance has been able to catchup with technology by developing software solutions that are used in other parts of the world, and this is a typical example of knowledge-based economy,” Adegboye said.
He however said for government to achieve knowledge-based economy, it needs to channel its policies to encourage IT development in the country, as well as local content development.
He said government also needs to encourage public/private partnership to drive economic growth in the country. Technocrats from the private sector should be engaged in policy formulation that will drive technology development in the country.
BCX, he said has taken an initiative to support businesses in the country with technology solutions that will make businesses enjoy economics of scale and stay alive always.
“We have developed technology solutions that will help customer save on their CAPEX, he said.
“Today technology is evolving and BCX is at the forefront of business, making sure clients enjoy economics of scale in their business, and we are doing this by taking businesses to the cloud. We are making huge investment in the cloud, and what that translates into is that the SMEs and the big enterprise do not need to invest so much in infrastructure, because we built infrastructure in the cloud for them, and that is the direction of businesses globally,” Adegboye said.
Mr. Jakes Mogale, managing executive, Business Connexion Nigeria, said business in Nigeria today is about total cost of ownership, which is a concept that will continue to be on the minds of business owners.
“Our concern is to ensure that businesses have the right solution that will enable them do successful business such that their income is far more than their expenditure and BCX has solutions that will address all of that for business owners,” Mogale said.
“When we get into a banking environment for instance, we do not only look at what the bank is using for their network infrastructure, but we look at customer interaction and device solution on how the banks can interact more with customers, without the customers crowding banking halls on a daily basis,” he added.
Mr. Emmanuel Akhidenor, general manager, Services at Business Connexion Nigeria, said BCX technology solutions were designed to address those challenges that could lead to economic recession. Our belief is that when companies are doing well in business, it will bring in more money to the economy and the issue of recession will be far of from the Nigerian environment and our solutions are geared towards business sustainability for small and large enterprise, Akhidenor said.
“Inadequate power supply for instance is a major draw back to businesses and we have to design our solution to fit into the cloud, where power is not an issue,” he added.
E-Business
Temu Joins INTA to Combat Counterfeits and Elevate IP Standards Worldwide

Temu, the global online marketplace, has joined the International Trademark Association (INTA) as a corporate member and serves on its Anti-Counterfeiting Committee.
INTA is a global association that brings together more than 6,700 organizations, representing over 37,000 trademark professionals and brand owners across 181 countries. By joining INTA, Temu deepens its commitment to building a trusted online marketplace and advancing global IP protection through broader, cross-industry collaboration.
“INTA welcomes TEMU’s willingness to engage in anticounterfeiting initiatives, including in the Association’s annual Anticounterfeiting Workshop and Online Takedown Certificate Program which serve to share best practices and connect stakeholders,” said Alastair Gray, Director of Anti-Counterfeiting, INTA. “Constructive collaboration with these efforts can contribute to the protection of intellectual property rights for INTA members and support the removal of counterfeit products from the platform which ultimately protects consumers.”
At the 2025 INTA Annual Meeting held in San Diego in May, Temu participated in the Anti-Counterfeiting Committee Roundtable, serving as a moderator to facilitate discussions among brand owners, online platforms, and government officials on emerging technologies, best practices for collaboration, and strategies to strengthen global anti-counterfeiting efforts.
“Joining INTA and serving on its Anti-Counterfeiting Committee reflects Temu’s ongoing commitment to ensuring a trustworthy online shopping experience,” said a Temu spokesperson. “We value collaboration with industry peers and stakeholders and are dedicated to advancing collective efforts in intellectual property protection.”
Temu also participates in INTA-led online workshops, including the Online Platform Notice and Takedown Certification Program, which outlines the latest procedures and best practices used by e-commerce platforms and social media companies. These workshops aim to enhance the quality and accuracy of rights-holder notices, promoting more effective takedown processes and content moderation.
Since launching in 2022, Temu has made significant investments in IP enforcement. Its measures include comprehensive seller vetting and compliance training, 24/7 algorithmic monitoring with manual review, a dedicated IP protection portal and brand registry to streamline takedown submissions, and an internal enforcement team that handles claims with speed and accuracy.
E-Business
Huawei Unveils AI Computing System to Challenge Nvidia’s Flagship Product

China’s Huawei Technologies unveiled an AI computing system on Saturday that an industry expert said rivals Nvidia’s most advanced product, as the company aims to expand its footprint in the country’s booming AI sector.
The CloudMatrix 384 system made its public debut at the World Artificial Intelligence Conference (WAIC), a three-day event in Shanghai, attracting a large crowd to Huawei’s booth with its showcase of cutting-edge AI innovations.
The system has attracted significant interest from the global AI community since Huawei (HWT.UL) first introduced it in April. Industry analysts see it as a direct challenger to Nvidia’s GB200 NVL72, the most advanced system-level offering currently available from the U.S. chipmaker.
In an April article, Dylan Patel, founder of semiconductor research firm SemiAnalysis, stated that Huawei now possesses AI system capabilities that could surpass those of Nvidia.
Huawei staff at its WAIC booth declined to comment when asked to introduce the CloudMatrix 384 system.
A spokesperson for Huawei did not respond to questions.
Huawei has become widely regarded as China’s most promising domestic supplier of chips essential for AI development, even though the company faces U.S. export restrictions.
Nvidia CEO, Jensen Huang told Bloomberg in May that Huawei had been “moving quite fast” and named the CloudMatrix as an example.
The CloudMatrix 384 system features 384 of Huawei’s latest 910C chips and, according to SemiAnalysis, surpasses Nvidia’s GB200 NVL72 in certain performance metrics, despite the latter using 72 B200 chips.
SemiAnalysis attributes this performance advantage to Huawei’s strong system design, which offsets the lower power of individual chips by leveraging a greater number of them and incorporating system-level innovations.
Huawei describes the system as utilizing a “supernode” architecture that enables ultra-high-speed interconnectivity between chips.
In June, Zhang Pingan, CEO, Huawei Cloud confirmed that the CloudMatrix 384 was already operational on Huawei’s cloud platform.
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.
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