News
Leo Stan Ekeh: Thoughts on a digital militant @ 64

By Ray Umukoro
Today, February 22, he turns 64. Trust him, there shall be no buntings, no confetti to celebrate the eventful life of Leo Stan Ekeh, who proved that in spite of her limitations, Nigeria still has a semblance of a free market economy driven by competence and capacity.

Leo Stan Ekeh
He has over the years demonstrated that in the midst of our wonky system complete with cronyism, nepotism and ethno-religious sentiments, there is still a place for hard work; there is still a reward system that recognizes merit above mediocrity.
For about three decades, Ekeh built a business empire from the scratch, from a flat in Alausa, Ikeja, Lagos, which also served as his home.
He built a conglomerate from practically nothing except his raw audacity, integrity and his ability to take the risk even when nobody was willing to go with him.
It’s an uncommon whiff of self-belief that would make a fresh university graduate of top universities in India, Ireland and England to hop into the uncertain train of entrepreneurship when he could easily have walked into a regular white-collar job. And he did that in a sub-sector where many early birds had gone into extinction: Nigeria’s computer industry.
Ekeh typifies the Nigerian spirit of derring-do, gumption and chutzpah. In him, we see the life of an African child who broke all conventions, overawed stereotypes and literally rode the tail of a tiger to confound naysayers who claim Africans rarely triumph within the African soil.
After university education which coursed through India, Ireland and England, young Ekeh was intentional and deliberate about what he wanted to do.
He would not stay back in the UK to join the English hustle. He would return to his fatherland, Nigeria, not to knock the streets in search of job. No.
He would return to create job, create wealth and add value to the lives of others including people his age and even older persons.
He would return to introduce Nigerian youths to a brave new digital world of boundless opportunities. He would return to Nigeria to be his own boss, to create a future for the youths. And he did just that.
He’s the archetypal African child. Gifted in diverse ways, born into a family with a strong pedigree in entrepreneurship but he simply refused to walk in the shadows of his parents. He wanted to define his own path. Like Prometheus in Greek mythology, he was not only gifted with strong personal will, he’s endowed with boundless creative spirit; the rare ability to create solution, solve problems and predict the future by merely using the fundamentals of the present.
When he pioneered desktop publishing in Nigeria, he was only filling a digital gap that existed in the nation’s publishing sector.
In the late 80s and early 90s, publishing in Nigeria was much about the clattering typewriter and the big burly compugraphic machine. Print quality was poor and dingy. Worst of it all, the processes were slow and tacky.
It was a huge technology challenge but none of the existing technology companies could configure a solution for the media.
Ekeh, a freewheeling street-smart and book-wise man in his 30s did. He became the instant interface between Apple Macintosh and Nigerian media including book publishers and advertising agencies. The result of that liaison was the birthing of ready-friendly publications.
In the vast dynamic field of technology, the spirit of Prometheus is writ large among a handful of entrepreneurs.
What with the story of the late Steve Jobs, the man whose innovations gave to mankind another breath of fresh air in the sphere of artificial intelligence. He handed to humanity a different kind of machine.
Then, there was Bill Gates, the Knight of Microsoft; Larry Elisson of Oracle, Reed Hasting of Netflix and Jack Dorsey and his co-founders of Twitter, just to name a few.
These men did not re-invent the wheel. They all rode on the back of the early inventors of the computer and the internet to change for good the way the world transact its many businesses.
These rare Americans have succeeded in making a huge point: America is the home of ICT and the birthplace of ICT entrepreneurs.
So, it was more of bucking the trend when in later years, Asians, particularly Indians and now South Koreans, began to drive their feet into the global ICT matrix.
Going by ICT folklore, India is not an inventor but it is today the outsourcing capital of the world; developer of key software used all around the world.
Out of Africa, one man has over time demonstrated that digital entrepreneurship is not the exclusive preserve of the white man. Leo Stan has proven in clear, unambiguous terms that Nigerians and indeed Africans are also endowed with uncommon ICT entrepreneurial skills.
Born on February 22, 1958 in Ubomiri, Mbaitoli Local Government, Imo State, Ekeh, a devout Catholic, former mass servant and chorister has taken the digital world by storm, building one of the biggest ICT conglomerates out of Africa from a modest desktop publishing outpost or what is commonly called ‘Business Centre’ in local parlance. Today, he straddles a Group with interests extending from ICT to online retail, to property with offices in Africa, United Arab Emirates (Dubai), Europe and Asia.
A moment with Leo Stan leaves you with the clear impression that you are before a rebel, an iconoclast in every positive sense. He wants to change the world around him.
He stirs himself in thought and in deeds. The former Governor of Edo State, Comrade Adams Oshiomhole, must have noticed the restiveness in Ekeh that he christened him a ‘Digital Militant’.
He pursues matters of digitization of Nigeria, nay Africa with a militant spirit: aggressive and unrelenting.
He wants all graduates out of Nigerian schools to be computer-savvy. He desires to see governance run on e-platform. It’s just his nature to see things work efficiently. And he sees technology as the only enabler for efficiency.
In life, whether in business or governance, you have to be a rebel to make a change. Lee Kuan Yew, author of ‘From Third World to First’ and father of modern Singapore acknowledged himself as a rebel who roused the people to pull Singapore out of the hatred they bore against the Japanese for their occupation of Singapore (1942-1945) and from the pains of British colonial rule.
Steve Jobs was to the world what Yew was to the political economy of Singapore and Ekeh to the African ICT industry.
It is the story of positive rebellion. And for his unrelenting commitment to deepening and widening the horizon of ICT in Africa, Leo Stan has won many hearts, accolades, awards and honours.
He is the proud recipient of over 85 awards, by far the most decorated entrepreneur in the nation’s ICT ecosystem.
They include the National Productivity Order of Merit (NPOM) award by President Muhammadu Buhari, Icon of Hope Award by President Olusegun Obasanjo on October 1 , 2002 for his exemplary digital vision and as a role model for modern Nigeria; over six Doctor of Science Degrees(Honoris Causa) from Federal University of Technology, Owerri (FUTO), University of Jos, Federal University of Agriculture, Markudi (FUAM), Imo State University (IMSU), among other citadels of learning.
Ekeh is a prophet with honour even among his people. He is a worthy Officer of the Order of the Federal Republic (OFR) for his transcendental digital entrepreneurship; a Fellow of Nigeria Computer Society and a Distinguished Fellow of the Nigeria Law School. Indeed, his trophy cabinet is a rich mix of global and international awards.
As he marks his birthday today, one can only harvest a bouquet of flowers and place it on the feet of a true African child who has changed the sordid stereotype of Africans being a people unable to pull themselves out of the umbra of darkness.
He is indeed a role model and a beacon of hope for the African youth.
- Umukoro writes from Lagos
News
Senate Probes Federal Character Violations by NDIC, Others

The Senate on Tuesday deplored what it described as violations of the principles of federal character in the appointments, recruitments and promotions in some key federal institutions and agencies.
Specifically, the upper legislative chamber fingered the Nigerian National Petroleum Company Limited (NNPCL), Pension Commission (PENCOM), the Nigeria Deposit Insurance Corporation (NDIC) and several other Ministries, Departments and Agencies (MDAs) as culprits.
The matter was a subject of debate at plenary as Senator Osita Ngwu called the Senate’s attention to the alleged violations through a motion.
Ngwu’s motion, entitled “Urgent Need to Address Systemic Abuse and Ineffective Implementation of the Federal Character Principle in Nigeria’s Public Sector,” got the attention of the lawmakers.
Ngwu, who led the debate, cited Sections 14(3) and 14(4) of the 1999 Constitution, which explicitly prohibit the dominance of individuals from a few states or ethnic groups in federal institutions.
He observed that while recruitment opportunities are limited, promotions are often based solely on years of service rather than merit, leading to the continued marginalisation of certain regions.
According to him, the lack of accountability in enforcing federal character principles has compromised fairness in the public sector, with senior-level recruitments often influenced by cronyism instead of competence.
Ngwu further observed that while the federal capital principle aims to balance merit with equitable state representation, its poor implementation has negatively affected discipline, morale, and institutional efficiency.
According to him, “The federal character principle, entrenched in the 1999 Constitution of the Federal Republic of Nigeria, mandates fair representation in federal appointments to reflect the linguistic, ethnic, religious, and geographic diversity of the nation.”
He continued, “Section 14(3) and (4) of the Constitution unequivocally stipulate that ‘no predominance of persons from a few states or a few ethnic or sectional groups’ should exist within the federal government or its agencies.”
Ngwu listed the NNPCL and its subsidiaries, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the National Agency for Food and Drug Administration and Control (NAFDAC), the Nigerian Ports Authority (NPA), PENCOM, NDIC, the Federal University of Technology Akure (FUTA), the National Library of Nigeria (NLN), the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), the Energy Commission of Nigeria (ECN), the Solid Minerals Development Fund (SMDF), and the Nigerian Nuclear Regulatory Authority (NNRA) as non comliant entities.
He accused them of consistently failing to adhere to federal character Mandates, and often bypassing regulations in their recruitment exercises.
Ngwu warned that unchecked violations of federal character laws would continue to erode the effectiveness of key legislative provisions.
He listed the affected legislative provions to include Section 14(d) & (e) of the Legislative Houses (Powers and Privileges) Act, 2017, Part I(1)-(2) of the Subsidiary Legislation 23 of 1997, and Section 11(2) of the Freedom of Information Act, 2011.
He also raised concerns about the lack of independence of the Federal Character Commission (FCC).
Ngwu observed that despite the Commission’s constitutional mandate, it remains weakened by underfunding, political interference, and a lack of enforcement power.
While approving the probe of the affected entities, the Senate directed its Committee on Federal Character and Inter-Governmental Affairs to conduct investigative hearings into their activities.
The committee is expected to submit its findings within four weeks.
News
Police Arrest 4 Bank Staff over Alleged ₦270m Fraud, Money Laundering

The Lagos State Police Command has arrested four bank employees over their alleged involvement in a sophisticated fraud and money laundering scheme that diverted over £138,924 (more than ₦270 million) from international airline accounts.
CSP Benjamin Hundeyin, command’s spokesperson, disclosed the arrests on Monday during a press briefing at the state police headquarters in Ikeja.
According to CSP Hundeyin, “The suspects conspired to siphon funds from domiciliary accounts into personal accounts before redistributing them to multiple destinations.
“The fraud was uncovered when the affected bank detected unauthorized transactions and alerted the police.”
Explaining further, the spokesperson said: “Subsequent investigations led to the arrest of the following suspects: Oluwatobiloba Olaleye, male, aged 27, was arrested on March 12, 2025, in Ogun State. A Toyota Camry 2012/2013, suspected to be a proceed of the crime, was recovered from him.
Oladunjoye Adegoke, male, aged 33, was arrested on March 13, 2025, in Victoria Island, Lagos. A Toyota Camry (Pencil Light), suspected to be another proceed of the stolen funds, was also recovered.
Further investigation led to the arrest of Austin Alfred, male, aged 38, the Supervisor of the Trade Services Department, and Jude Uzobuaku, male, aged 36, a processor in the same department. Both facilitated the illegal transfer of funds to foreign accounts.”
Police investigations revealed that the stolen funds were initially funneled into an account belonging to one of the suspects before being transferred to multiple other accounts, making it harder to trace. Authorities are now working to track down additional accomplices and recover the remaining funds.
“The suspects are in custody and will face prosecution as the investigation continues,” CSP Hundeyin stated.
News
Tony Elumelu Foundation Grants $15m to 3,000 African Entrepreneurs

Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 budding entrepreneurs from 52 African countries.
Tony Elumelu, founder, TEF, made this known on Sunday in Abuja during the unveiling of the 2025 cohort of the foundation’s Entrepreneurship Programme.
He stated that each beneficiary would receive a $5,000 seed grant to kick-start their businesses.
Elumelu, who is also chairman of Heirs Holdings, Transcorp, and United Bank for Africa (UBA), reaffirmed his commitment to empowering African entrepreneurs and transforming the continent’s economic landscape.
According to Elumelu, the foundation aims to democratise opportunity across the continent, fostering economic growth and providing young Africans with access to funding and mentorship.
“We had a vision that started in 2010; one that envisions a self-sustaining Africa, driven by the energy, vision, and resilience of young entrepreneurs.
“We understand the challenges they face in contributing to Africa’s economic transformation.
“If empowered and encouraged, these young Africans can drive meaningful change,” he said.
He noted that capital alone was not enough, highlighting the importance of business education, mentorship, and training in building successful entrepreneurs.
The entrepreneurship programme, which began in 2015, originally set out to economically empower 10,000 young Africans over 10 years, each receiving $5,000 in seed capital.
“This year marks the 15th anniversary of the foundation, and we have made a considerable impact across all 54 African countries.
“In the 21st century, Africa does not need aid; what it needs is investment in its youth,” Elumelu said.
Somachi Chris-Asoluka, chief executive officer (CEO), TEF, noted that since the programme’s launch in 2015, the foundation had.disbursed over $100 million to more than 21,000 young entrepreneurs across Africa.
According to Chris-Asoluka, these businesses have collectively created 1.5 million enterprises, and generated $4.5 billion in revenue.
“Our entrepreneurs have demonstrated that ideas are the lifeblood of the African continent.
“For the 2025 cohort, we received over 200,000 applications, and from this pool, 3,000 entrepreneurs from 52 African countries will receive $15 million in funding.
“Each entrepreneur will receive a $5,000 non-refundable seed grant; this is neither a loan nor equity,” she stated.
She further assured that the foundation had a monitoring and evaluation platform in place to track progress after disbursement, ensuring that beneficiaries adhered to their approved business plans.
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