Connect with us

News

Women to Lead Corporate Nigeria from 2026 As Predicted By Ekeh, Zinox Boss

Published

on

LEO STAN EKEH
Leo Stan Ekeh
Kindly share this post

By Hilary Audu,

In a world that is predominantly patriarchal in nature, it is refreshing to see the women-folk doing great things and giving the men-folk a good run for their money.

Leo Stan Ekeh, Chairman, Zinox Group

From the likes of outgoing German Chancellor, Angela Merkel, former President of Liberia, Ellen Johnson-Sirleaf, President of the European Central Bank, Christine Lagarde, American talk show host, television producer, actress, author, and philanthropist, Oprah Winfrey and even our own Director-General of the World Trade Organization (WTO), Dr. NgoziOkonjo-Iweala, women have displayed ample evidence that they have the capacity, the brain-power, and the determination to hold their own in the leadership sphere.

It is also instructive to note that the rise of this gender and the need to empower them is one that has been consistently predicted, preached, put in practice by one man – Chairman of the Zinox Group, Leo Stan Ekeh, whom I have followed his public talks and other teachings over the years.

I must confess that the unerring stance of the tech guru on the place of women in contemporary society had inspired me in altering my life course.

Well over 15 years ago, Ekeh had declared that women would play a greater role in the global scheme of things by the turn of the 21st Century, with the Zinox boss disclosing that the impact of women would be felt even keener in leadership roles from the year 2026. Simply put, the Zinox boss had predicted that women would take over and that a time would come when corporate organizations that had no females as CEOs or in their Executive Management cadre would be considered old-fashioned.

Even more importantly, he had affirmed that in judging or rating the success of a man, one should assess the quality of woman he married. Inadvertently, he had aligned the success of a man to his choice of a partner.

At this point, I was a little bit discomfited by these bold assertions by the Zinox boss who was a like a lone voice in the wilderness of women empowerment then, especially in Nigeria. Back then, the sense of male domination was a foregone conclusion. Women were hardly represented in leadership positions, be it in corporate or political circles. Indeed, it was a rarity to see a man go against the grain in predicting female domination or gender empowerment in those days.

But those were not the reasons for my discomfort.

I was less than adequately educated back then, having come from a conservative background where women are hardly given the same consideration as their male counterparts when it comes to education. Therefore, hearing Mr. Ekeh utter these words at a public event organized by Technology Distributions Ltd. in Ikeja many years ago had not only opened my eyes to the need to better my lot; it had also made me decide to seek higher education.

If Mr. Ekeh were a preacher or owned a church, I would have been one of his most loyal church members.

Ekeh has consistently submitted that women are more financially prudent, humble, less prone to fraud, spiritually sound, better counsellors and possibly even smarter than their male counterparts of the same age – factors which he has identified as traits which make them more naturally suited for leadership.

At the inaugural edition of the Africa Fintech Disrupt Conference sponsored by Access Bank in 2018, Ekeh had returned, after delivering a rousing speech to standing ovation, to encourage women to prepare to take charge, even as he specifically declared that the world should adjust to this coming reality which he reiterated would begin to take shape from 2026.

Today, his prediction about women domination is beginning to emerge, just in the same way his many other projections – such as the rise of e-commerce as a global game-changer and the position of technology in altering the nature of business, among many others – have come to pass with glaring accuracy.

If the example of Lagarde (a former head of the International Monetary Fund) and Okonjo-Iweala (a Harvard-trained two-time former Minister of Finance in Nigeria), both of whom currently oversee affairs at two of the most respected global institutions is not enough proof, what of the instances of women who have aspired to and secured the number one jobs in their countries?

The list is long.

Estonia has a female Prime Minister in KajaKallas,Moldova’s female President, Maia Sandu, has been in office since December 4, 2020 and Lithuania’s President, a woman, Ingrida Simonyte has occupied that office since December 25, 2020. Also, Greece’s President Katerina Sakellaropoulou has been in office since March 13, 2020, Denmark has a female Prime Minister, Mette Frederiksen who took office on June 27, 2019; Slovakia’s President Zuzana Caputova has thrived after assuming the role on June 15, 2019, among many others.

Even in tech which is widely regarded as a male-dominated sector, women are also gradually taking over.

Susan Wojcickiis CEO of YouTube. She contributed to the development of Google Images and AdSense as she rose up the ranks before eventually suggesting the acquisition of YouTube, and becoming its CEO in 2014. Sheryl Sandberg, billionaire business executive and philanthropist, is Chief Operating Officer of Facebook. Also, Meg Whitman is CEO of Hewlett Packard Enterprise and chairman of HP Inc. while IBM also has a female CEO in Ginni Rometty.

Here in Nigeria, the women are also gradually rising above the age-long patriarchal culture and shattering the proverbial glass ceilings that have long held them back, just as Ekeh had predicted.

While we are yet to achieve the level of political maturity that would see a woman become President of Nigeria – a development that may not be that far off – women have broken into and are dominating many other sectors.

Today, Nigeria has seven female bank CEOs, a development that many would have declared as impossible many years ago but which a man like Ekeh foresaw. The list of female bank MD/CEOs include YemisiEdun, acting MD/CEO, First City Monument Bank (FCMB); OluwatomiSomefun, MD/CEO, Unit Bank Plc; Miriam Olusanya, MD/CEO, Guaranty Trust Bank (GTB); Halima Buba, MD/CEO, SunTrust Bank Plc; NnekaOnyeali-Ikpe, MD/CEO, Fidelity Bank Plc; KafilatAraoye, MD/CEO, Lotus Bank and Ireti Samuel-Ogbu, MD/CEO, City Bank.

And in the much-vaunted tech sector, we have the likes of OlufunkeOpeke of MainOne who is effortlessly rubbing shoulders with other men in this field. There is also Ify Afe, former MD, Central Africa at HP Inc. and who is now Chief of Staff and Board Member, HP Diversity,Equity and Inclusion (DE&I); in addition to Google Country Manager, Nigeria, Juliet Ehimuan-Chiazor, among others.

But in closing this piece, it would be out of place to talk about the growing role of women in tech and as leaders, especially in Corporate Nigeria without returning to the pivotal role played by Ekeh in putting into practice something he has preached for years.

My interest in the Zinox Group in the wake of Mr. Ekeh’s inspiring clamour for gender empowerment and belief in the rise of the women-folk received further impetus when I learnt of the pivotal roles played by women in his companies.

Perhaps, there is no other globally renowned entrepreneur in the world today who has placed as many women in leadership positions, solely on merit, in his organization as Mr. Ekeh. In the Zinox Group, there are about five female Managing Directors, arguably a first in today’s business world.

In TD Africa, Sub-Saharan Africa’s leading technology distributor, you can find four of these female MDs. They are led by Mrs. Chioma Ekeh, wife of Mr. Ekeh, a cerebral mathematician, Chartered Accountant and globally recognised woman tech leader who has led the company in consistently breaking new grounds over the years. There is also Mrs. Shade Oyebode who heads the company’s Operations Unit, Mrs. Chioma Chimere, a Coordinating Managing Director (CMD) who manages the company’s business development drive and yet another MD in Mrs. GozyIjogun who oversees Sales.

Then you move over to Zinox Technologies Ltd. and there you find Mrs. Kelechi Eze-Okonta, another outstanding performer, who has been MD of the tech giant for the past three years. The Human Resources Unit of the Zinox Group is also headed by a female Executive Director in the person of Mrs. Chioma Nwoke.

Certainly, there is no stopping the rise of the women-folk and with notable male champions of gender empowerment such as Ekeh and others in our corner, it is only a matter of time before the world aligns.

 

Hilary Audu, a female gender empowerment expert, writes from Abuja

 

 

 

 


Kindly share this post

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

News

Systems, Not Skin Colour, Hold the Key to Africa’s Development, Says Evans Woherem

Published

on

Kindly share this post

A Nigerian development scholar, Evans Woherem, has argued that Africa’s slow pace of development is rooted less in the capabilities of its people and more in the weakness of its institutions, systems, and governance culture.

In a sweeping article titled *_“Institutions, Culture, and the African Development Question: Why Systems Matter, and How Africa Can Leapfrog Development,”_* Woherem said “human beings are broadly similar biologically and intellectually across races and geographies,” stressing that the real difference between prosperous and struggling societies lies in “systems, institutions, cultures, incentives, and historical environments.”

According to him, one of the clearest demonstrations of this reality is the conduct of Africans living abroad.

“Individuals who, within certain African environments, may tolerate disorder, circumvent rules, participate in patronage systems, or adapt to corruption often relocate to countries such as the United States, Germany, Japan, Singapore, or Canada and quickly become highly compliant with laws and institutional expectations,” he wrote.

Woherem, a former Executive Director at both First Bank Plc and Unity Bank Plc, noted that such individuals suddenly obey traffic regulations, respect public infrastructure, pay taxes, and operate efficiently within merit-based systems, insisting that “the human material did not suddenly change. The surrounding institutional architecture did.”

He lamented that many African countries still approach development through what he described as a “project-based conception of development” rather than a systems-driven model capable of sustaining progress across generations.

The author of best-selling books- “Building a New Africa,” and “Information Technology in Africa,” criticised the nature of governance conversations across the continent, saying public discourse often centres almost exclusively on visible infrastructure projects such as roads, bridges, schools, and empowerment schemes, while deeper institutional questions are ignored.

“What institutions have been strengthened? What systems have been redesigned to outlive the present administration? What governance mechanisms now function automatically regardless of who occupies office?” he asked.

The scholar argued that sustainable development cannot be measured merely by the number of projects completed but by whether nations are building durable institutions capable of continuously producing results irrespective of political transitions.

“A nation does not become advanced merely because it constructs roads,” he stated. “It becomes advanced when it builds systems capable of continuously producing, maintaining, financing, regulating, and improving those roads across generations regardless of changes in leadership.”

Woherem further blamed Africa’s institutional fragility partly on colonial structures that were designed primarily for extraction rather than national development.

He said many post-independence governments inherited centralized but weakly accountable systems and merely “localized the machinery of extraction” instead of transforming the state into a developmental institution.

The information technology expert also highlighted the absence of what he called “developmental consciousness” across many African societies, noting that issues such as industrial policy, bureaucratic reform, technological sovereignty, manufacturing competitiveness, and state capacity rarely dominate mainstream public debate.

Drawing comparisons with countries such as Japan, Singapore, South Korea, and China, Woherem said successful industrialisation was driven by strong institutions, disciplined bureaucracies, educational excellence, and long-term planning.

“Their rise was not accidental, nor was it merely infrastructural. It was deeply institutional and civilizational,” he wrote.

The development expert also challenged African media organisations to move beyond “cosmetic” reporting of governance performance by interrogating structural reforms instead of simply celebrating project commissioning ceremonies.

“Instead of merely asking how many roads were constructed, they should ask whether procurement systems have become more transparent, whether regulatory agencies function independently, whether educational outcomes are improving systematically, and whether industrial policies are producing measurable manufacturing expansion,” he said.

Woherem further stressed the importance of “Developmental Industrialists,” pointing to African billionaire Aliko Dangote as an example of economic actors whose contributions extend beyond personal wealth accumulation to building industrial ecosystems and national productive capacity.

He maintained that Africa’s future depends on stronger bureaucracies, impartial legal systems, technologically enabled governance, industrial strategy, educational reform, and a civic culture that rewards competence over patronage.

“Roads alone do not produce civilization. Systems do,” Woherem declared.

He concluded that Africa’s greatest challenge is not a lack of human potential but the absence of institutional structures strong enough to consistently bring out the best in its people.

“And until systems become the centre of African developmental thinking,” he warned, “progress will remain slower, more fragile, and more reversible than it ought to be.”


Kindly share this post
Continue Reading

News

EFCC Which Handles Sensitive Data, Financial Records has No Privacy Policy on Website- FiJ

Published

on

Kindly share this post

Economic and Financial Crimes Commission (EFCC) does not currently maintain a public privacy policy on www.efcc.gov.ng, its official website.

EFCC Which Handles Sensitive Data, Financial Records has No Privacy Policy on Website- FiJ

Ola Olukoyede, EFCC chairman, EFCC

This is despite partnering with the Nigeria Data Protection Commission (NDPC) to ensure data compliance according to findings by Foundation for Investigative Journalism (FIJ)

As a law enforcement agency, the EFCC handles highly sensitive personal data and financial records, but its main web portal does not currently provide a formal, publicly available privacy policy detailing how user data is collected, stored, or processed.

According to the National Information Technology Development Agency (NITDA), all government websites are mandated to have privacy policies.

Section 10.4 (i, ii) of the NITDA Privacy Policy mandates all government websites to exercise diligence when collecting personal details or information about visitors to their websites.

It equally requires all government websites to incorporate prominently displayed privacy statements clearly stating the purpose for which information is being collected where the government institution seeks to or collects personal information from visitors through its website.

In addition, the Nigeria Data Protection Act (NDPA) 2023 requires every data controller to make a privacy notice available to citizens before or at the point of collecting their personal data.

That notice must state the specific lawful basis of processing, the purposes of the processing, the categories of recipients of the personal data, the existence of data subject rights, and the right to lodge a complaint with the Commission.

The law further states that such information must be contained in a privacy policy and expressed in a clear, concise, transparent, intelligible and easily accessible format, taking into consideration the class of data subjects targeted by the data processing.

However, on Monday, FIJ checked the anti-graft agency’s website and found that it had no privacy policy or privacy notice informing users how their personal data is collected, processed, stored or shared.

FIJ found that Nigerians can submit petitions to the EFCC on the website.

During this process, the website compulsorily collects personal data such as names, National Identification Numbers (NIN), email addresses, local government areas (LGAs), phone numbers and residential addresses.

Also, organizations and financial institutions (such as commercial banks) are legally mandated to share customer information and suspicious transactions with the EFCC to prevent financial crimes.

However, the website collects this information without specifically informing users what happens to the data they provide.

Ironically, in September 2024, the EFCC and the Nigeria Data Protection Commission (NDPC) agreed to forge a partnership and collaboration towards strengthening cyber data protection in the country.

The agreement was reached in Abuja on September 18, 2024, when Vincent Olatunji, national commissioner and chief executive officer of the NDPC, led a delegation of management staff on a courtesy visit to Ola Olukoyede, EFCC chairman, at the commission’s corporate headquarters.

Despite partnering with Nigeria’s data protection regulator, the EFCC still has no privacy policy on its website.

At press time, the EFCC met none of the privacy policy requirements stipulated by both NITDA guidelines and the NDPA 2023.

 


Kindly share this post
Continue Reading

News

Moniepoint DreamDevs Bootcamp Second Cohort Set for Demo Day

Published

on

Kindly share this post

Moniepoint is proud to announce that the second cohort of its flagship DreamDevs Bootcamp is set to culminate in a Demo Day celebration on May 26, 2026, at its Ikeja facility. The event, themed “Training Done! Demo Up!”, will showcase the capstone projects built by participants following nine weeks of intensive, industry-grade software engineering training.

The DreamDevs Bootcamp is Moniepoint’s commitment to identifying and developing the brightest engineering talent across Africa. The nine-week intensive programme is designed to immerse participants in real-world, practical software engineering through a curriculum spanning Java OOP Foundations, Data Structures & Algorithms, Testing, MySQL & JDBC, Spring Boot APIs & System Design, Docker & Messaging Queues, Frontend UI & Cloud Infrastructure, and core Practical Software Engineering Concepts. In recognition of their commitment and effort, cohort participants are paid monthly throughout the duration of the programme.

The curriculum was developed by the Engineering Unit at Moniepoint and delivered in partnership with Semicolon, a leading technology education institution. Admission to the DreamDevs Bootcamp is highly competitive, with only top performers advancing through multiple stages of assessment, including a HackerRank technical test and an in-person code challenge, before earning a place in the programme.

Felix Ike, Co-Founder and CTO of Moniepoint, reflected on what the programme means to the company and the country, “Engineering excellence is a curated and intentionally built process that requires the right systems, resources, and time. The DreamDevs Bootcamp is our way of taking that responsibility seriously.

“We designed a programme that does not just teach syntax or frameworks, but develops engineers who can think, solve, and build at the highest level. Seeing graduates from our first cohort already thriving within our engineering team tells us we are on the right track, and we are excited to see what this second group brings to Demo Day.”

Some of the first cohort’s successful graduates are now active members of the Moniepoint engineering team, a testament to the programme’s effectiveness and its role as a genuine pipeline for world-class engineering talent.

The DreamDevs Bootcamp reflects Moniepoint’s broader mission to invest in Nigeria’s talent and build engineering capacity that can compete and lead on a global stage. Moniepoint looks forward to welcoming the second cohort to the fold and witnessing the innovative solutions they have built.


Kindly share this post
Continue Reading

Trending