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

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.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
News
US Launches ‘Window on America’ @ Ogun Tech Hub

The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
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