E-Business
Verraki Partners Unveiled, Positions to Address Africa’s Intractable Challenges
Following the reorganization of Accenture operations in Nigeria, Verraki is now a registered business intermediary for Accenture in Nigeria
A new business and technology solutions firm has been launched, which promises to partner with enterprises and governments to accelerate the development and transformation of Africa.
The new entity named ‘Verraki Partners’ is focused on implementing technology and business solutions designed inherently for Africa and specifically fit for purpose, while also curating business ventures to unlock new sources of growth across the continent.
Led by foremost corporate professionals as well as former Accenture leadership in Nigeria, Verraki will apply its global expertise and local insights to partner with enterprises and governments to accelerate the development and transformation of Africa by providing business solutions uniquely tailored for Africa.
With this launch, Verraki is asserting its capability not only to provide tailored business solutions across Technology, Advisory and Ventures, cutting across the Social Sector, Services and Real Sector, but also its focus on working with its clients to provide solutions to Africa’s seemingly intractable challenges.
Unveiling its new corporate identity during an interactive session held in Lagos, Nigeria; the Managing Partner, Niyi Yusuf who until now was the Country Managing Director for Accenture in Nigeria explained that Verraki would be working with enterprises and governments to ignite opportunities, unleash their potential, pivot and turnaround their performance to create a better future. “Professional services firms in Africa are currently at an inflexion point.
Digital technologies, revolutionary ideas and new business models are creating disruptions and new factors such as agility, flexibility, risk tolerance, cost-leadership, value for money and entrepreneurship are key requirements for success.
Verraki’s birth at an auspicious time like this is driven by our understanding of clients’ needs and our desire to harvest the opportunities the disruption brings and participate fully, via a rebalance and reconfiguration to address the specific needs of the market,” he said.
“We are now able to expand our services to cover more sectors of the economy, to service different types of clients (small and big, local and multinational) and invest in the market while taking measured risks and developing relevant home-grown solutions that will be needs-based and affordable, offering significant value for money.
As the African Union launches the Africa Continental Free Trade Area in 2019 to create a single continental market for goods and services, with free movement of business persons and investments, we are excited about the prospects on the continent and look forward to contributing to Africa’s transformation via fit-for-purpose solutions and working with leading enterprises and governments to drive their capacity and motivation for change”, he continued.
Following the reorganization of Accenture operations in Nigeria, Verraki is now a registered business intermediary for Accenture in Nigeria.
Services to Accenture clients in Nigeria will now be delivered through Verraki Partners and Accenture will continue to support and provide services to Verraki, including delivery support and access to specialized skills on projects as applicable.
Verraki will also develop technical support agreement for specialized support provisioning with other global companies in USA, Europe, China, India among others as required.
Other partners at the firm include Toluwaleke Adenmosun, Partner, Services (former Managing Director Financial Services, Accenture Nigeria); Niyi Tayo, Partner, Technology (former Managing Director Technology Services, Accenture Nigeria); Abayomi Olarinmoye, Partner, Real Sector (former Managing Director, Resources, Accenture Nigeria) and Kelvin Balogun, Partner, Ventures and Accenture alumni who was former President, West, East and Central Africa at The Coca-Cola Company.
The pioneering leaders of Accenture in Nigeria, Adedotun Sulaiman and Omobola Johnson are supporting Verraki as advisors and will work with its leadership to drive its transformation agenda with Africa’s enterprises and governments.
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.
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”.
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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