Telecom
FG Orders Prosecution to Logical Conclusion of Benjamin Joseph, Alleged Blackmailer of Zinox Chairman

The Federal Government has ordered the continuation of prosecution to a logical conclusion of one Benjamin Joseph, owner of Citadel Oracle Concepts Limited, an Ibadan-based ICT retail firm and alleged accuser of the Zinox Chairman, Leo Stan Ekeh, for malicious falsehood over an alleged N170m fraud.

The order was communicated via a letter dated 6th June from the office of the Attorney General of the Federation, Abubakar Malami to the Inspector General of Police, Usman Baba and communicated to the courts by the IGP on 26th September 2022.
This was confirmed in a statement by Matthew Burkaa, a Senior Advocate of Nigeria (SAN).
According to the statement, Joseph has a previous court judgment of N20m as damages awarded against him by an FCT High Court Abuja, for giving the Federal Government false information after accusing Ekeh of fraudulently converting a contract awarded to his firm by the Federal Inland Revenue Service (FIRS) in 2012. Furthermore, the statement revealed that Joseph is facing another criminal charge for false petitioning before Honourable Justice Peter Kekemeke of the High Court of the FCT, Abuja.
The SAN, who disclosed that this clarification is necessary in informing the public to disregard the various sponsored media reports being circulated online and on social media by Joseph against the Zinox Chairman, also stated that every available legal means will be employed to address the libelous contents in the referenced publications and seek for appropriate remedies and damages, where necessary.
The statement reads in part: ‘‘We act for Mr. Leo Stan Ekeh, Technology Distributions Limited (TD) and its staff Chioma Ekeh, Chris Eze Ozims, Oyebode Folashade and Charles Adigwe (hereinafter referred to collectively or individually as “Our Clients”).


‘‘Our Clients have drawn our attention to several online publications, containing some false, distorted and damaging contents in the SAHARA REPORTERS of October 2, 2022 titled: ZINOX GROUP CHAIRMAN, WIFE, 11 OTHERS FACE TRIAL IN NIGERIAN COURT OVER ALLEGED N170M CONTRACT FRAUD NINE YEARS AFTER. A Similar story with the same content was published in OPERA NEWS on 29th September, 2022, and in the NATIONAL WAVES on 29th September 2022 titled: LEO STAN EKEH’S ALLEGED N170.3M FRAUD SCANDAL RESURFACES; and also in THE NEWS MATRICS (Online News Paper Publication) published on the 30th September 2022 titled: FG TO PROSECUTE ZINOX BOSS, EKEH, WIFE OVER ALLEGED N170.3M FRAUD. THE WITNESS (online newspaper) of September 29, 2022, also carried the story. Copies of these online publications have gone viral on social media and have been read globally by different persons and diverse groups, who have been worried by the content of the publication and have continued to bombard our Clients with calls expressing their utter shock and consternation at the content of the publications.
‘‘First of all, of great concern, is how a straightforward business transaction between two corporate entities, Technology Distributions Limited (TD) and Citadel Oracle Concepts Limited has been skewed in a manner to give the erroneous impression that a personal business was transacted by individuals, to wit: Mr. Leo Stan Ekeh, his wife and his named staff with one Mr. Benjamin Joseph. Such personalisation (as carried by the publications) was apparently to achieve an ulterior motive to blackmail, drag, embarrass, and bring down the persons so named in the publication, while the author of the publications appears as a victim and continues to bask in a vain glory.’’
Specifically, Burkaa disclosed that reports of investigation reports by various authorities including the Nigerian Police Force, Special Fraud Unit (SFU) and the Economic and Financial Crimes Commission (EFCC) reveal that Mr. Ekeh and Zinox Technologies Limited are not connected in any way to the allegations that formed the basis of the said libellous publications.
‘‘In fact, in all the investigations by the Nigerian Police and the EFCC, Mr Leo Stan Ekeh, Technology Distributions Limited (TD) and its staff, Mrs. Chioma Ekeh, Mr. Chris Eze Ozims, Mrs. Folashade Oyebode, and Mr. Charles Adigwe have been formally and severally vindicated and absolved of any wrong-doing as the entire allegations were found to be false. On the contrary, the mastermind of all the allegations, a certain Mr. Benjamin Joseph, is presently standing trial in Court for forwarding false allegations via a Petition containing the very allegations that formed the basis of the referenced publications to the Federal Government of Nigeria. That Charge is still pending in Court.’’
Also, he held that neither Mr. Ekeh nor the other persons mentioned in the articles had been served with any charge by the law firm of FALANA & FALANA, as falsely claimed, adding that they only read of the existence of the charge in the media. Burkaa, who condemned the development, described it as going against all known ethics of the administration of justice in Nigeria, especially as the said charge has been widely circulated on print and electronic media with all its details and the full names of persons mentioned along with the charge number.
In addition, he stated that the FG has filed a formal charge against Benjamin Joseph for submitting a false petition against Mr. Ekeh, his wife, Mrs. Chioma Ekeh and other persons mentioned in the articles, while noting that the same falsehood has now been reported in those media publications as the content of the charge against them.
Burkaa noted that: ‘‘The Criminal Charge will be coming up before His Lordship, the Hon. Justice U.P. Kekemeke of the FCT, High Court, Abuja on the 3rd day of November, 2022 for the defence of Mr. Benjamin Joseph whose “No Case Submission” had been dismissed by the Court, indicating that he has a case to answer. The Federal Government has also written letters through the Director of Public Prosecution of the Federation (DPPF) and the Nigerian Police Force for the continuation of the said prosecution. The letters are dated 6th of June, 2022 and 26th September, 2022.
‘‘It is therefore appalling to our Clients to read, via the above publications, that a Charge had been filed against them by a private law firm associated with Mr. Benjamin Joseph because, they (our Clients) had by a letter dated 19th November, 2018 drawn the attention of the Honourable, the Attorney General of the Federation to the fact that, it was apparent that the Law firm of FALANA &FALANA was acting on the instructions of Mr. Benjamin Joseph, the MD of Citadel Oracle Concepts Limited, who is the Defendant standing trial in Charge No: CR/216/2016.
‘‘More shocking to our Clients is the fact that the Nominal Complainant (Benjamin Joseph) in Charge No: FCT/HC/CR/469/2022 which formed the basis of the above online publications, is the Defendant in Charge No: CR/216/2016 and the subject matter in Charge No: FCT/HC/CR/469/2022 is the very basis for the prosecution of Mr. Benjamin Joseph in Charge No: CR/216/2016.
‘‘It is also imperative to point out that the High Court of the FCT, Per D.Z Senchi J. (as he then was) in Charge No: FCT/HC/CR/244/2018 dismissed as “false petitioning” the very allegations forming the basis of the new charges filed by FALANA & FALANA’S Chambers, and indicted the said Benjamin Joseph for forwarding false information to the Nigerian Police. The court went ahead to slam a fine of N20million against him for writing a Petition containing falsehood against our Clients and to serve as a deterrent to others who might want to mislead security agencies by forwarding false complaints against innocent Nigerians. The said Judgment is dated the 24th day of February, 2021. In fact, Chioma Ekeh and Chris Eze Ozims, who are also supposedly charged in the referred charge, were prosecution witnesses against Benjamin Joseph in the two previously filed charges. So, the present Charge includes the very persons who had been discharged and acquitted on the same set of facts and in whose favour there is a subsisting Judgment.’’
Meanwhile, the SAN added that copies of all the documents mentioned above (including the Judgement, Reports, and letters) are available for verification as they are in various courts’ records, having been tendered in proceedings.
The ongoing saga relates to a 2012 Credit Sales of HP Laptops to Citadel Oracle Concepts Limited on an interest-free credit facility when they could not fund the contract awarded to them by FIRS to supply laptops, along with twelve other companies. After FIRS paid all suppliers who were funded by Technology Distribution (TD), the other companies paid TD the pre-agreed invoice value.
But Mr. Benjamin Joseph, the MD of Citadel, tried to divert TD’s fund but his partner Princess Kama resisted that move. After TD was paid, a dispute arose between Benjamin Joseph and his partner, Princess Kama, on profit sharing. At a point, Chief Afe Babalola, SAN who was Counsel to Benjamin Joseph, tried to intervene and cause an amicable settlement of the profit-sharing dispute. But Benjamin Joseph wanted the entire money without paying TD. It was at this point that he changed the story and contended that he was not aware of the contract and that his company was used to defraud FIRS. However, during investigation by Nigerian Police and EFCC, the FIRS provided proof that Benjamin Joseph was indeed aware of the contract and that all the ordered computers were fully supplied and received by the FIRS.
In addition, Mr. Benjamin Joseph again reported the matter to the Special Fraud Unit (SFU) of the Nigerian Police Force, Milverton Road, Ikoyi. The SFU conducted investigations and indicted him on the basis that a forensic analysis report showed that he signed the board resolution which he alleged was forged. He thereafter lodged another petition to the Police Headquarters, Abuja, and after a thorough investigation, it was found again that his allegations were false. It was on the basis of that finding that he was charged to court in 2016 in Charge No: CR/216/2016 (IGP vs. Benjamin Joseph) for giving false information. That Charge is presently pending before Honourable Justice Peter Kekemeke of the High Court of the FCT, Abuja.
Equally important, the Police (Prosecution) has closed their case since 2018 and Mr. Benjamin Joseph has been called upon by the Court to open his defence. Instead of proceeding with the said defense to conclusion, he has devised different tactics in his bid to sway the Attorney General to discontinue the criminal charge preferred against him. Interestingly, the Law Firm of FALANA & FALANA who filed the present charge had earlier in 2018 applied to the Attorney General of the Federation by a letter dated November 1, 2018, for a Fiat to prosecute our clients. In order to convince the office of the Attorney General, Mr. Joseph submitted some spurious reports said to have been made in 2015 and in 2020 by the Nigerian Police, which his solicitors again used to apply for another Fiat. However, the Nigerian Police Headquarters Abuja, by a comprehensive report dated December 1, 2020, discredited and disclaimed all those “reports” relied upon by Mr. Benjamin Joseph, which was used to convince the Attorney General to grant a Fiat in May 2022.
On this basis and upon a critical review of all documents relating to the case, the office of the Attorney General saw through the falsehood and issued a new letter to the Police dated 6th June, 2022 directing the Police to continue the prosecution of Benjamin Joseph and bring the criminal charge against him to a logical conclusion. This letter was brought to the attention of the Court by Counsel to the Nigerian Police through their letter dated 26th September, 2022.
Burkaa added: ‘‘Mr. Benjamin Joseph and his Legal Team were in Court on 27th September, 2022 and were aware of this directive by the office of the Attorney General. It is therefore appalling that the referenced publications inundated the Press two days after that Court Proceedings with screaming headlines without stating the correct facts for the benefit of the general public.’’
While noting that the publications against the Zinox Chairman were made in bad faith, the SAN contended that they contained false, distorted and slanted narrative to mislead the public, while also stating that they equally contained half-truth carefully skewed to malign and embarrass Mr. Ekeh and hurt his business interests.
Telecom
Airtel Africa Launches $110m Share Buyback Programme for Capital Efficiency

Airtel Africa Plc has announced a strategic initiative in partnership with Barclays Capital Securities Limited to execute on-market share purchases totaling up to $110 million.

This initiative will be divided into non-discretionary and discretionary segments, marking a proactive step in optimizing the company’s capital structure and enhancing shareholder value.
In a statement released on the Nigerian Exchange and signed by Simon O’Hara, group company secretary, Airtel Africa described this share buyback program as a key component of its broader strategy to return cash to shareholders.
It noted that the program aims to repurchase up to one percent of the company’s issued share capital as of the date of this announcement.
“This decision by the Board reflects the organization’s strong financial position and its commitment to maintaining flexibility while continuing to invest for growth across its markets.
“The initial phase of the program will see Airtel Africa collaborating with Barclays Capital Securities to facilitate the purchase of its ordinary shares,” the statement noted.
According to Airtel Africa, the agreement features two key components operating concurrently: a non-discretionary segment allowing Barclays to purchase up to $60 million of ordinary shares independently of the company, and a discretionary segment where Airtel Africa can guide Barclays in purchasing an additional $50 million, adhering to the regulations set forth by the Market Abuse Regulation (EU) No 596/2014.
“The program is set to commence today and is expected to conclude by November 27, 2026, unless terminated earlier under the agreement’s terms. Airtel Africa has signaled that as the initiative progresses, further tranches may be announced to achieve its objective of repurchasing up to one percent of its issued share capital.
“The primary aim of this buyback program is to streamline the company’s capital. Accordingly, all shares purchased will be cancelled, contributing to a more efficient capital structure. Any transactions will be performed in alignment with pre-defined parameters outlined in the agreement with Barclays and comply with the authority granted by shareholders for share repurchases.”
At the annual general meeting on July 9, 2025, shareholders authorized the company to buy back a maximum of 366.073 million ordinary shares.
Following the previous buyback program, the remaining authority now stands at a maximum of 357.042 million ordinary shares, demonstrating ongoing support from shareholders for these initiatives.
Telecom
NCC Drafts New Rules for Virtual Mobile Operators

Nigerian Communications Commission (NCC), Nigeria’s telecom regulator has released draft rules for mobile virtual network operators (MVNOs) as authorities seek to organize a market that is still at an early stage.

The NCC published the proposed “Business Rules for Mobile Virtual Network Operations in Nigeria” and opened a consultation process for industry stakeholders.
Comments can be submitted until June 29, while a public consultation is scheduled for July 9.
According to the NCC, the proposed rules define the obligations and responsibilities of both MVNOs and host network operators (HNOs).
The framework also sets conditions for licensing, compliance, interconnection, numbering resources, SIM and eSIM management, and network hosting agreements.
Regulators also seek to guarantee fair access to telecom infrastructure and reduce delays tied to the integration of MVNOs into existing mobile networks.
The text further includes provisions related to service quality, customer protection, network reliability, and data security.
Violations could lead to administrative sanctions or corrective measures under existing telecom laws.
Nigeria officially opened the MVNO market in 2023. That year, the NCC awarded licenses to 25 operators for a combined 5.9 billion naira, or about $4.3 million. Since then, around 40 licenses have been issued, with operators such as Vitel and Visafone already launching services.
Authorities see MVNOs as a way to improve competition in the telecom sector while helping extend services to underserved and unserved populations.
As of March 2026, Nigeria counted 185.7 million mobile subscribers and 153.8 million internet subscribers, according to NCC data.
Despite the size of the market, digital access remains uneven across the country.
Government estimates show that nearly 20 million Nigerians still remain outside the digital ecosystem.
The GSMA estimated that about 120 million Nigerians did not use mobile internet in 2023.
High service costs and inconsistent service quality also remain major concerns in the telecom sector.
Telecom
Australian Court Upholds Fine Against X Over Child Safety Compliance Failures

An Australian federal court has upheld a fine against social media platform X over failures to comply with child internet safety regulations, bringing to an end a three-year legal dispute between the company and Australian authorities.

The case stemmed from a demand issued in February 2023 by Australia’s online safety regulator, the eSafety Commission, requesting detailed information on how the platform, then known as Twitter, was combating the spread of child sexual abuse material online.
Following the platform’s transition to X under billionaire entrepreneur Elon Musk, regulators accused the company of submitting incomplete responses to repeated requests for information.
A federal court had earlier ruled in October 2024 that X was legally obligated to comply fully with the notice issued by the regulator.
On Thursday, the court ordered the company to pay a fine of 650,000 Australian dollars (approximately 464,900 U.S. dollars).
Federal Justice Michael Wheelahan said the penalty was necessary to ensure compliance by large technology firms.
“A penalty near the maximum is appropriate in the case of the respondent, which is a substantial corporation, so that it operates as a real deterrent and is not simply a cost of doing business,” he said.
Australia has emerged as one of the leading countries advocating stricter regulation of major technology platforms.
The country recently introduced world-first legislation aimed at banning children under the age of 16 from accessing certain social media platforms.
Countries including France, United Kingdom and Canada are reportedly considering similar measures following consultations with Australian authorities.
Reacting to the judgment, eSafety Commissioner Julie Inman Grant said transparency remained essential in holding technology companies accountable.
“Meaningful transparency is critical to holding technology companies to account,” she said.
“This is not only a key part of our work as Australia’s online safety regulator, it also provides the Australian public with important information about how these companies are tackling the worst-of-the-worst content on their platforms,” she added.
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