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Leo Stan Ekeh – the Iconic ICT Entrepreneur @ 65

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LEO STAN EKEH
Leo Stan Ekeh
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The man, Leo Stan Ekeh arguably Nigeria’s foremost tech guru and serial digital entrepreneur has championed many firsts in the Nigerian ICT sector.

Leo Stan Ekeh

Mr. Ekeh is the Chairman of Zinox Group, Sub-Saharan Africa’s biggest integrated technology conglomerate which includes viable concerns such as Zinox Technologies Limited, Task Systems Ltd., Technology Distributions Limited (TD Africa) and TD Mobile, among others, through which he deployed some of the biggest ICT projects on the continent.

Mr. Ekeh has also inspired several generations of budding entrepreneurs and startups, many of whom are currently disrupting the technology space in Nigeria and beyond.

On the Nigeria’s Independence anniversary on October 1st 2001, Ekeh enjoyed the rare privilege of being honoured as an Icon of Hope by former President, Chief Olusegun Obasanjo for his sustained pioneering efforts in the area of Information Technology and also as a pride to modern Nigeria.

His ground breaking strides in the Nigerian technology ecosystem recorded another major achievement in 2018 when he made a bold return to e-Commerce (a vertical he pioneered in Africa many years ago through BuyRight Africa Dotcom) with the addition of Konga after acquiring the company from previous majority investors, Naspers and AB Kinnevik.

Barely two years after its acquisition, Ekeh transformed the composite e-Commerce giant into Nigeria’s leading player, with the brand on the cusp of dominating Africa’s biggest market and making inroads into other neighbouring African markets.

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Today, this Icon of ICT in Nigeria turned 65 years old, born on February 22, 1956 in Ubomiri Mbaitoli, Imo State to a middle-class family with three brothers and two sisters.

He attended Holy Ghost College, Owerri for his secondary education, after which he went to India for his university education, where he received a Bachelor of Science degree in economics from Punjab University.

Ekeh, however, believes that studying in India was a great turning point in his life, according to him, he found the Indian economy a realistic economy.”

In addition, he is a Global Advisor to Microsoft. He also holds a Post Graduate Degree in Risk Management from Nottingham University, England.

Ekeh equally holds several honorary doctorate degrees from highly respected universities for his enviable record of incisive entrepreneurship and pioneering efforts in the field of Information Technology.

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Leo Stan as he is popularly known is a renowned digital democrat and philanthropist has also quietly touched so many lives through the Leo Stan Foundation – his personal foundation.

Among these are charitable works such as donation of N100m to Internally Displaced Persons (IDPs) in the North-East, donation of N50m to victims of the demolished Eke-Ukwu market in Imo State, scholarships to hundreds of indigent students across Nigeria to study both at home and abroad, as well as the set-up of a N1.5bn revolving loan scheme for disadvantaged students and entrepreneurs of Imo origin, among several others.

Furthermore, Ekeh has silently invested in education, provided Medicare to the needy and supported churches and other religious organizations through the Foundation.

During the lockdown occasioned by the COVID-19 pandemic, the Leo Stan Foundation leveraged on staff of the various companies in the Zinox Group to feed over 7000 families across Nigeria for two weeks. He has also regularly supported state governments in Imo, Lagos and other parts of the country through the donations of patrol vehicles to improve security, among other donations.

Indeed, the story of Ekeh’s legendary strides is one of many firsts amid a series of landmark achievements in his chosen field of Information and Communications Technology.

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He pioneered Desktop Publishing and Computer Graphics in Nigeria in 1987 with his first Company – Task Systems Ltd.

In addition, Mr. Ekeh launched the first ICT support Company in Nigeria – ITEC Solutions Ltd.

More so, he pioneered the deployment of digital dispensing pumps for petrol and gas stations in Nigeria in partnership with Elf Oil (now Total Plc.) after he was cheated by an attendant at a fuel station.

He also pioneered ICT Distribution in West Africa with the launch of Technology Distributions Ltd. (today known as TD Africa) which has remained the biggest technology, lifestyle and cutting-edge solution distributors in the West African sub-region.

Furthermore, Ekeh holds the rare status of manufacturing the first internationally certified computer brand in Sub-Saharan Africa: Zinox Computers.

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Equally, the biometric digital revolution in Nigeria can be attributed to Mr. Ekeh after he singlehandedly delivered to the Independent National Electoral Commission (INEC) data capturing machine for voters’ registration when foreign contractors could not deliver after months of promises.

Four years later, he again supervised the biggest single ICT digital rollout in Africa with INEC in 2010 valued back then at over $170m, as well as the largest single e-Library and Wireless Cloud rollout project on the continent through one of his companies – Zinox Technologies Ltd.

Today, Ekeh’s contributions and sterling work with INEC have gone a long way in giving Nigeria a credible database of voters and reduced post-election litigations by over 45 per cent.

Mr. Ekeh has also been involved with companies such as ICT Brokers, TD Plus, ICT Connect and, as earlier stated, the launch of Africa’s first ever e-commerce outfit, Buyright AFRICA Dotcom.

A major advocate of digital literacy for all, Ekeh holds the enviable record of donating cutting-edge and well-equipped digital centres to several secondary and tertiary institutions in Nigeria.

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Significantly, Ekeh’s Zinox Group pioneered the unheralded but highly commendable practice of paternity leave in Nigeria to reduce stress on young male staff and enable them to support their spouses when they welcome a new baby.

The tech enthusiast is one of the foremost champions of gender equality in Nigeria. He has consistently advocated for and also empowered women and the girl child, whom he regularly addresses and challenges to aspire to greatness at various public events and fora.

His passion for gender equality can be seen at first hand in the Zinox Group where women, led by his wife, Mrs. Chioma Ekeh, occupy the first four executive management positions at TD Africa, the biggest company by revenue in the Group. Also, he had recently appointed another female as Managing Director of Zinox. The Group’s Human Resources Unit is also headed by a female.

Mr. Ekeh’s unerring zeal for productivity and excellence was recently rewarded by the current administration of President Muhammadu Buhari with the National Productivity Merit Award (NPOM) in November 2019.

A distinguished member of the Nigeria Economic Summit Group and Fellow of the Nigeria Computer Society, Ekeh is a recipient of one of the country’s highest National Honours – Order of The Federal Republic (OFR).

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Applauded by professionals as a global digital giant and a man whose vision and performance shore up credibility for the indigenous capacities in the ICT sector, Leo Stan Ekeh’s unmatched interventions have seen him receive over 60 local and international awards. He has also served on a good number of Federal Government Committees, which includes the Presidential Committee for Job Creation, Nigeria Thinkers, ICT Roadmap, among many others.

He is happily married to Mrs. Ekeh, a Mathematician, Fellow of the Association of Chartered Certified Accountants (ACCA) and CEO of TD Africa.

The union is blessed with successful children.

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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Adebutu, PDP Chieftain Accuses Nigerian Governors of Embezzling LG Allocations 

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Oladipupo Adebutu, Peoples Democratic Party (PDP) governorship candidate in Ogun State, has alleged that all state governors in Nigeria are benefiting from and misappropriating local government allocations.

Adebutu, PDP Chieftain Accuses Nigerian Governors Embezzling LG Allocations 

Oladipupo Adebutu

Adebutu made the remarks at the Ake Palace in Abeokuta during a meeting with the Egba Traditional Council, where he sought the support and blessings of traditional rulers for his governorship ambition.

He was accompanied by his running mate, Lateefat Sowunmi-Kolapo; the PDP senatorial candidate for Ogun Central, Iyabo Obasanjo; the Ogun State PDP Chairman, Abayomi Tella; and other party leaders and candidates.

Addressing the traditional rulers, Adebutu declared that granting full financial autonomy to local governments would be one of the defining policies of his administration.

“I will do something that will stun this nation and put us in the right direction. Local governments shall get their own money,” he said.

He added: “We must make sure we get local government autonomy. I have been reiterating to you that I, Oladipupo Olatunde, son of Adebutu, was at the National Assembly twice, and I can boast that I didn’t embezzle public funds. How many politicians can say this?”

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Adebutu accused governors across party lines of diverting local government funds.

“It’s not a party thing. Both APC and PDP, all the governors are embezzling local government allocations. It’s not a secret,” he said.

He argued that local councils were able to deliver more development when they had greater control over their finances.

On infrastructure financing, Adebutu said governments must adopt new approaches rather than relying on borrowing.

“You don’t borrow money for infrastructure anymore,” he said, while promising to construct roads that would improve connectivity between Ogun State and Lagos.

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In his remarks, Abayomi Tella, State Chairman of the PDP,  lamented that the local government system in the state is in a state of collapse, recalling that as a former council chairman, he received N200 million as an allocation and used it to construct four roads within his local government.

He expressed concern that the current local government chairmen cannot point to any project of similar impact, attributing the situation to a lack of financial autonomy.

The PDP chairman said he strongly believes in Adebutu’s advocacy for local government autonomy, stressing that Adebutu is prepared and ready to lead the development of Ogun State.

Sowunmi-Kolapo, deputy governorship candidate, called on her kinsmen to support her political aspiration, noting that she has continued to support the development of Egbaland.

Also speaking, Iyabo Obasanjo, PDP candidate for Ogun Central Senatorial District, said that after leaving the APC following her unsuccessful governorship bid, she came to believe that Adebutu has the vision and political will to actualise her aspirations and manifesto for the people.

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Obasanjo further noted that no political party has a more formidable team in Egbaland than the PDP, urging Egba monarchs to throw their weight behind the party in the interest of the people.

In his welcome address, the Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo, described Adebutu as “trustworthy and reliable,” declaring his support for the party’s flag bearer ahead of the 2027 governorship election.

The Alake recalled his long-standing relationship with Adebutu’s father and expressed confidence in Adebutu’s character and leadership qualities.

“The son of a lion must resemble the lion. In fact, he is an even better version of his father,” Oba Gbadebo said.

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ICPC Secures Final Forfeiture of N941m Linked to IPPIS Fraud

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Federal high court in Abuja has ordered the final forfeiture of N941,994,079.86 linked to suspected ghost workers uncovered in the integrated payroll and personnel information system (IPPIS) to the federal government.

ICPC Secures Final Forfeiture of N941m Linked to IPPIS Fraud

IPPIS is a centralised payroll system the federal government introduced to manage the salaries of federal public sector employees.

Binta Nyako, presiding judge, gave the order following an application filed by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

“That an Order is hereby made for the Final Forfeiture to the Federal Republic of Nigeria the Sum of N941,994,079.86 seized during investigation into the IPPIS Payroll scam in the year 2024,” Nyako ruled.

Okor Odey, ICPC spokesperson, announced the forfeiture in a statement issued at the weekend.

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The ICPC spokesperson said investigations by the commission uncovered “large-scale payroll fraud involving hundreds of non-existent public servants, with a total sum of N941,994,079.86 traced to accounts linked to the scheme”.

Odey said a review of the IPPIS conducted in 2023 revealed the “existence of numerous “ghost workers” embedded within the payrolls of several Ministries, Departments and Agencies (MDAs)”.

According to him, following the findings, President Bola Tinubu approved a “comprehensive audit” of the IPPIS.

He added that a joint investigation between the ICPC and the office of the accountant-general of the federation in April 2025 led to the discovery of 587 suspected ghost workers on the IPPIS platform.

“Investigations revealed that fictitious IPPIS identities had been created for non-existent personnel across multiple MDAs, with salaries paid over extended periods into accounts belonging to individuals and companies,” Odey said.

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“In many cases, the account names did not correspond with those of the purported employees, while some accounts received multiple salary payments simultaneously.”

The ICPC spokesperson said the agency placed post no debit (PND) restrictions on all identified accounts to freeze the funds suspected to be proceeds of fraud.

He said the affected MDAs include the Nigeria Police Force (NPF), federal ministries of defence, education, agriculture and rural development, works, water resources, and interior.

Others are National Board for Arabic and Islamic Studies, University of Benin, University of Calabar, University of Nigeria, Nsukka, University of Maiduguri, Ahmadu Bello University, Zaria, and the office of the accountant-general of the federation.

The ICPC spokesperson said 120 civil servants were cleared after their identities and employment status were confirmed following a verification exercise in 2025.

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He added that 467 bank accounts remain linked to unverified individuals with holders yet to be identified.

He noted that the N941.9 million currently frozen in the 467 bank accounts has been forfeited to the federal government.

He disclosed that the agency published the names of the 910 individuals suspected to have benefited from the purported fraud in two national dailies on March 18, 2026.

 

 

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NIMASA Unveils Accelerator Scheme to Drive Innovation, Sustainable Growth

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The Nigerian Maritime Administration and Safety Agency (NIMASA) has introduced the Blue Economy Accelerator Programme, a strategic initiative designed to identify, nurture, and accelerate innovative startups that will contribute to the sustainable growth of Nigeria’s marine and blue economy.

The Blue Economy Accelerator Programme is aimed at attracting young, vibrant minds with innovative ideas capable of transforming Nigeria’s maritime ecosystem.

Dr. Dayo Mobereola, Director-General of NIMASA, said that through the initiative, participants will receive structured business development support, industry mentorship, and technical guidance to convert promising concepts into viable ventures that address critical challenges and opportunities within the blue economy.

“The programme reflects NIMASA’s commitment to supporting the implementation of the vision of the Federal Ministry of Marine and Blue Economy in unlocking the immense potential of the blue economy by empowering young innovators, entrepreneurs, and technology-driven enterprises. We at NIMASA want to provide a platform for investors to identify young talents and invest in them”.

Mobereola, who commended the Minister of Marine and Blue Economy, Adegboyega Oyetola for codifying the Marine and Blue Economy Policy as a clear roadmap for the sector’s development, urged young Nigerians to embrace the programme which has the potential to transform raw talents into big investments in the maritime sector.

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Applications are open to startups and innovators developing solutions across several strategic sectors, including marine waste management and the blue circular economy; aquaculture and sustainable fisheries; maritime technology and logistics innovation; ocean energy including wave, tidal, and offshore renewable energy; marine tourism and coastal recreation; marine biotechnology such as, ocean data and analytics; green shipping, including vessel decarbonization; smart port solutions; autonomous marine vehicles; biofouling prevention technologies; and coastal resilience through nature-based coastal defencesolutions.

The first phase of the programme is expected to attract a minimum of 150 high-quality applications from within and outside the country provided they are Nigerian citizens.

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