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Zinox Sues Premium Times, Demands N2Bn for Defamation

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Zinox Technologies Ltd., foremost Information and Communications Technology (ICT) company, has slammed a N2 billion suit on Premium Times, an online news medium, for a series of defamatory publications against the company, Leo Stan Ekeh, its chairman, and other officials of the company.

Joined in the suit filed by the law chambers of Chief Chukwuma Ekomaru (SAN) are Premium Times Services Limited; Dapo Olorunyomi, medium’s Publisher/Chief Executive Officer; Musikilu Mojeed Managing Editor; and Bassey Udo, Reporter/Head, Business and Economy Desk who authored the publications.

In a well-publicized move, the management of Zinox had given a seven-day deadline to the publishers of Premium Times to retract the offending publications against the company and its officials or face a legal action.

And faced with the non-compliance of the medium, Zinox had instituted a defamation suit in the High Court of the Federal Capital Territory (FCT), Abuja, against Premium Times and its management team.

According to the statement of claims filed by the plaintiff, the offending materials include a September 15th 2016 publication titled: EFCC quizzes Zinox Computers Boss, 4 others over alleged 170 million contract fraud; an October 9th 2016 publication titled: Attorney General wades into 170 million contract fraud allegedly involving Zinox Computers and a May 2nd 2017 publication titled: 170 Million contract fraud: Zinox Computers has case to answer, court rules.

Zinox held that the publications are libelous, malicious and have discredited and damaged the reputation of the company in the eyes of the general public.

For instance, in the September 15th, 2016 article titled: EFCC Quizzes Zinox Computers Boss, 4 Others Over Alleged Fraud, Premium Times had stated, “However, bank documents seen by this newspaper showed transfers of monies between FIRS account at the CBN and the fake account as well as approvals by top officials of Zinox Technologies for disbursement from the account to Zinox bank’s accounts and those of the suspects.”

The management of Zinox has consistently denied being involved in any transaction leading to this publication and further denied ever receiving any monies into its accounts as stated by Premium Times.

Thus, with the case now filed against them, the onus is on the Management of Premium Times to prove the veracity of their article or be held accountable for same, for which they would likely pay huge compensation as damages suffered by Zinox for the libelous publications. 
 
Among the reliefs being sought by the plaintiff against Premium Times is the sum of N2B as damages for the libelous and malicious publications; an order of perpetual injunction restraining the defendants or their agents from further publications of a similar nature; a public apology published in Premium Times for two uninterrupted months as well as retraction of the afore-mentioned articles; an order of the Court directing the removal of all offending publications concerning the plaintiffs or any of its officers online and on social media as well as the sum of N10m being the cost of the court action.

Zinox’s suit against Premium Times arose from the on-going prosecution of Benjamin Joseph, Managing Director of an Ibadan-based firm, Citadel Oracle Concepts before an Abuja High Court, for giving the Nigerian Police false and misleading information after rigorous investigation following his petition in 2013 regarding a business transaction with their authorized representative, Princess Kama and foremost ICT products distributors, Technology Distributions Ltd (TD). A forensic analysis had confirmed that he actually signed certain documents, including a board resolution, which was the basis of his petition, a fact he had suppressed in his petition.

In the words of Gideon Ayogu, Head of Corporate Communications at Zinox, TD is a totally different company from Zinox with different directors, shareholders, management team and a different line of business and Zinox was not in any way involved in the transaction that culminated in Joseph’s arraignment and prosecution by the Nigerian Police for false petitioning and deceit before an Abuja High Court.

“It is important to note that in the entire transaction leading up to this case, in all the above investigations and reports, Zinox Technologies Ltd. was not in any way involved. The transaction only involved Technology Distributions Ltd. and its staff, of whom the reports of the Police Special Fraud Unit (SFU) and other agencies had absolved TD and its staff of any liabilities, after extensive investigations since 2013 that traversed the SFU, the Nigerian Police Headquarters, Abuja; and the EFCC, Abuja. Yet, Premium Times kept spewing out spurious stories as if Technology Distributions and its staff were under investigations or facing criminal charges. Also, Leo Stan Ekeh was not involved in the said transaction and the investigations.

“Leo Stan Ekeh has never met with Mr. Benjamin Joseph, the Managing Director of Citadel Oracle Concepts and neither Ekeh or any other official of Zinox has had any form of business transaction with the said company. This raises questions on the motive behind Premium Times’ continued campaign of calumny against Ekeh which appears a cheap attempt at extortion.

“This is why in the online publications, the photographs of Ekeh is displayed and Zinox is used as the caption, even when the company has no bearing with the story. This is blackmail. There is no other explanation for this other than blackmail.”

Premium Times is expected to appear before the court within eight days after the service of the court processes on them.

 

 
 

 


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E-Business

NITDA DG Reaffirms FG Commitment to Responsible and Inclusive AI

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The Federal Government of Nigeria has reaffirmed its commitment to building a responsible, inclusive, and sovereign artificial intelligence ecosystem to enable Nigeria to transition from being a passive consumer of AI technologies to an architect and builder of indigenous AI systems.

This was said by the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi CCIE, while delivering a virtual address at the InnovateAI Conference held in Lagos.

The conference brought together policymakers, technology leaders, innovators, and stakeholders to discuss the future of artificial intelligence and its role in driving Nigeria’s digital economy and national development agenda.

Inuwa outlined Nigeria’s ambition to transition from being a consumer of artificial intelligence technologies to becoming a builder and owner of AI systems that reflect national values and priorities, in line with the National AI Strategy.

“Our goal is not just to use AI, but to architect and build our own AI systems in Nigeria,” he said, stressing that the country must take ownership of its AI future.

He noted that Nigeria’s approach to artificial intelligence extends beyond innovation to include governance, infrastructure, data sovereignty, and policy evolution.

According to him, “Responsible AI is never a finished job; it is an iterative journey. Our policies must evolve as the technology evolves, and we must avoid frozen laws by adopting living policies that adapt over time.”

He cited the implementation of the Digital Economy and E-Governance Bill as a key mechanism for generating insights that will help refine AI regulations and governance frameworks.

Inuwa also highlighted the challenge of data representation in global AI systems, noting that most models are trained on non-African datasets, which often results in bias against local dialects, cultures, and demographics.

“If a model shows bias against a local dialect or demographic, we cannot just patch it. We must reinvest in infrastructure to retrain it with inclusive and representative local datasets,” he stated.

He added that building national AI infrastructure is critical to achieving data sovereignty and ensuring that Nigeria is not merely an end user of foreign AI systems.

He further called for strategic partnerships with global technology companies and hyperscalers to build AI infrastructure in Nigeria while aligning with local values and national priorities.

“The world today is a global village. We need to work with global players, but they must understand our local nuances and help us build the infrastructure to retrain and develop AI models that reflect our context,” he said.

The NITDA Director General explained that adopting a comprehensive AI lifecycle approach, from responsible data collection and governance to deployment and continuous feedback, will enable Nigeria to move from reacting to AI developments to proactively designing indigenous AI systems.

“Without understanding how AI models are trained, how decisions are made, and how models are retrained, it will be difficult to build a responsible and trustworthy AI system,” he warned.

He reaffirmed that the Federal Government is intentional about promoting responsible AI and is working closely with the technology ecosystem to co-design national AI guardrails. He described platforms such as the InnovateAI Conference and other national AI dialogues as critical to shaping Nigeria’s AI future.


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Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

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Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and unwavering commitment to prompt claims settlement.

Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

Mutual Benefits Assurance

A breakdown of the figures shows that ₦3,426,602,834.28 was paid under its General (Non-Life) Insurance portfolio, while ₦2,511,062,519.29 was paid across its Life businesses, including Group Life and Retail Life policies.

The significant payout within a single month reinforces Mutual Benefits’ reputation as a dependable insurer that honors its obligations swiftly and responsibly.

Commenting on the development, Olufemi Asenuga, Managing Director, Mutual Benefits Assurance Plc stated that claims settlement remains the core promise of insurance and the ultimate test of an insurer’s credibility.

“Insurance is built on trust. Our ability to settle over ₦5.9 billion in claims in one month demonstrates not only our financial strength, but also our deep commitment to our policyholders. At Mutual Benefits, we do not just sell policies. We stand by our promises,” he said.

With over three decades of operations, Mutual Benefits has consistently positioned itself as a strong and well-capitalised insurer.

The company operates both Life and General Insurance businesses and remains fully compliant with regulatory capital requirements as stipulated by the National Insurance Commission (NAICOM).

The January payout reflects Mutual Benefit’s robust underwriting standards, prudent risk management practices and efficient claims administration framework.

It also aligns with the company’s broader record of substantial claims settlement in recent years, reinforcing its standing as a trusted brand in the Nigerian insurance industry.

Mutual Benefits employs over 5,000 staff, managed by seasoned management team and an experienced Board of Directors. Industry observers note that prompt claims payment remains one of the most critical differentiators in Nigeria’s competitive insurance landscape.

By consistently settling valid claims without delay, Mutual Benefits continues to strengthen customer confidence, deepen market trust and expand its footprint across retail and corporate segments.

As the company begins 2026 on a strong footing, it reiterates its commitment to innovation, service excellence and delivering value to policyholders and stakeholders alike. Mutual Benefits Assurance focused on its mission to provide reliable risk protection solutions while maintaining the highest standards of professionalism and integrity.


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NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

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National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.

Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.

CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.

This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.

By exploiting this flaw, attackers can create specially designed Office documents.

When a user opens these documents, they can run malicious code or gain further access to the system.

Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.

Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:

  1. Install the latest Microsoft Office security updates for all affected versions.
  2. Restart Office applications for Office 2021 and later to ensure that the updates take effect.
  3. Use registry-based settings for protection if updates can’t be applied right away.
  4. Follow good cybersecurity practices, like using endpoint protection and filtering emails.

Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.


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