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Ekeh, Zinox Boss Counsels Techprenuers, Urges Creation of Nigerian Bill Gates

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Leo-Stan Ekeh, founder, Zinox Group
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Leo Stan Ekeh, Nigeria’s icon of Hope and chairman, Zinox Group has urged Nigerian technology entrepreneurs to create their own future by digging deeper into different areas of technology.

Ekeh who is also global partner adviser of Microsoft Inc, told technology entrepreneurs who engaged with him in London last week, that Nigeria needed at least one true Bill Gates, in addition to the present crop of Nigerian genuine billionaires to become a successful and sustainable global brand.

According to him, it is an undisputable fact that the richest men in the world are all in businesses that influence choice and decisions aided by the deployment of knowledge like publishing, media and communications, among others.

For example, the family of Walmart makes money from what customers want by deploying knowledge gathered from ICT tools.

“I believe that God’s purpose for this technology-driven century is to reduce the inequalities among peoples but only serious nations with highly resourceful citizens and leaders would take advantage of this knowledge century to emerge on the global stage. How on earth would an Asian or African nation think of competing with any of the developed economies of the world without the power of the brain?” Ekeh added.

Ekeh who brought legitimacy to ICT business in Nigeria, said, that he was sure looking at most of them who were between the ages of 25 to 30, that a lot of them started hearing about Mr. Bill Gates from infancy till date and that the net sustained wealth from the platform launched by a young man and few of his friends created few years ago could challenge the wealth of our nation with a population of 173million.

He urged them to “Think about the multiplier effect and then you will appreciate why you should dig deeper into different areas of technology to at least brand yourself and your families,”

When confronted with the issue of infrastructural challenges in Nigeria which was responsible for the failure of a great number of SMEs, Ekeh told them Rome was not built in a day and that advanced nations such as United Kingdom achieved their current level of technological development over time.

He apprised them that until they come back with world class exposures to make their contribution in different sectors, the nation might continue to struggle.

The Zinox boss reassured them that the country was moving in the right direction and that their parents sent them abroad to study so that when they return, they will better the lots of their families and by extension the whole country.

On their fear on the stability of the country and national economy, he made them realise that only cowards run away from war fronts in a knowledge century.

While telling them that he restricted himself to technology business, he pointed out that it was the duty of every Nigerian to defend the homeland and that they should “not join few of our brothers and sisters in the UK praying for the Naira to be devalued so that their few pounds could be exchanged for more Naira so that they could visit home to intimidate other Nigerians”

 He equated such people to those Nigerian elites praying for oil price to continue to go up so that they would have more cash in their banks forgetting that the higher the oil price, the less quality of life for the general populace.

Ekeh analysed that lower oil price would stimulate quality life, reduce cost of doing business and engender the creation of more successful SMEs.This in turn, he said, would reduce the challenges of unemployment which has remained a major headache to the country.

Going further he said, “I am sure you are feeling the global panic over falling oil price in some nations while some structured knowledge-driven nations are celebrating. How can you depend on what you don’t have control over when you can use a free gift from God – that is your brain power and create unimaginable wealth? “

On the question of how he has managed to survive in the technology business in the last 26years with all the challenges facing the country, he said, “You have to be very positive about yourself, your business and the nation before you can achieve anything. My team and I have struggled against all odds to remain relevant in a nation that sees oil as almost everything. I must also inform you that there have been positive signals from government in the last ten years to support technology entrepreneurs.

At Zinox Group, we talk about technology evolution and not revolution and are confident that as one of the main pioneers of the ICT sector in West Africa we shall benefit from our sweat.” 

He affirmed that very soon Zinox Group would launch the “Zinox Vision 2040” which would encapsulate the Group’s road map for the nation, West African Sub-region and the continent of Africa. He ended by apologizing for not engaging with them before then.


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UK Appoints Peter Vowles as British High Commissioner to Nigeria

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The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.

Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.

He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.

Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.

Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”


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Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

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World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.

The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.

According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.

The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.

He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.

“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.

The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.

It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.

The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.

Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.

It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.

The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.


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PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

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As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.

These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”

PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.

Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.

“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”

The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.

For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.


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