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Ekeh, Zinox Chief Urges Lawyers to Reinvent or Lose Relevance
Leo Stan Ekeh, chairman of Zinox Group, Africa’s most integrated Information and Communications Technology (ICT) conglomerate, has called on Nigerian lawyers to re-invent in line with current technological realities or face the threat of losing relevance in the practice of the legal profession.
Ekeh who spoke extempore made this call at the 2016 Annual General Conference of the Nigerian Bar Association (NBA) which held in Port Harcourt, recently.
While delivering a paper titled: Lawyer and wealth creation in the 21st Century powered technology, serial digital entrepreneur Ekeh challenged the audience in full capacity hall which included Learned Silks, Honourable Body of Benchers and distinguished Members of the Bar, among others to wake up to the strong and compelling circumstances necessitating changes in the legal market place and forcing it out of its protective cocoon.
Noting that the legal profession is one that is notoriously averse to change, Ekeh disclosed that the survival of any sector, profession or business organisation is directly dependent on its ability to innovate and align itself with the present digital revolution.
“In our present society, technology has permeated almost all sectors, industries and several human undertakings. Many sectors have been overtaken by the internet, mobile phone apps and people’s ability to find free information as against situations they used to pay for. Any organization or sector that refuses to innovate and embrace new technological realities will eventually die.
Ekeh who posited that the 21st century is a century for only those who want to be successful, said it is a century you can alter your destiny and remain a global success. He said it is a century of knowledge and style.
“The law profession must embrace this change and properly align itself to the benefit maximally from the present digital revolution. In this 21st century, a lawyer’s wealth shall be determined by the application of digital technology to his work. It is either the lawyer reinvents himself to the technological realities of the 21st century and its impact on service delivery to clients or the lawyer would eventually disappear from the radar of the legal profession.”
According to Ekeh, the revolutions in the field of ICT puts a lot of pressures on the legal profession which makes it imperative for the contemporary lawyer to re-tool in order to remain relevant in the scheme of things.
“Law has been something of a protected industry spared from some of the general business realities applicable to almost all other industries. Lawyers occupy a unique place with monopoly of access to legal knowledge, and no real competition. For instance, the relationship with the client is controlled by the law firm which decides almost entirely by itself how the services are to be delivered, and dictating the costs, pricing, and strategic direction.
“Hence, as long as the status quo served the lawyer, there is no need to innovate or provide cost-efficient services. It is a closed market. But whereas, the seller (the lawyer) appears comfortable with the status quo, he fails to realize that his earnings can greatly be increased by innovation and technology which invariably would cause a disruption of the status quo in the legal marketplace.
“But now, there are strong and compelling circumstances necessitating changes in the legal market place and forcing it out of its protective cocoon.”
According to Ekeh, today’s lawyers stand a better chance of building new and sustainable wealth, only if they upgrade their knowledge and leverage on the numerous opportunities available through technology.
Urging lawyers to explore businesses such as Family Offices which are increasingly being embraced by discreet but very successful clients, Ekeh counselled members of the audience to acquire knowledge on Family Council as well as professional management of Trusts instead of Will which is the cause of unlimited litigations and wastage of saved resources in many families in Nigeria.
In addition, the Zinox helmsman disclosed other areas such as set-up of virtual/digital law libraries, cloud-computing, e-form and drafting templates, digital law reporting, e-conferencing as well as networking and the use of social media which could help the lawyer lend further technological refinements to the practice of the profession.
The session which ended with rousing applause, witnessed a question-and-answer session also had in attendance the Honourable Minister of Communications represented by the Postmaster General of the Federation, Asiwaju Bisi Adegbuyi as well as representatives from the Corporate Affairs Commission (CAC) and the Economic and Financial Crimes Commission (EFCC) among others
News
Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.
According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.
Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.
He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.
“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.
He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.
The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.
In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.
He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.
News
NAICOM Issues New Licences to 43 Recapitalized Insurers

The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.
According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.
Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.
He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.
The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.
He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.
According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.
Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.
The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.
News
Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.
Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.
Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.
The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.
Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.
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