News
Omatek to Build Multi-Billion Naira Factory in Nigeria
To consolidate on its achievements and its extensive presence in Nigeria, Omatek Computers, the leading Nigerian computer manufacturer, is to invest billions of naira on a new factory in the country.
The company, which turned 25 last December, remains the only quoted computer company on the Nigeria Stock Exchange. It has led the increasingly competitive Nigerian ICT market as the only company in East, West and Central Africa that produces computers and casings from completely knocked down (CKD) components sourced from the highest grades of manufacturers to give all Omatek computers the requisite world-class standards comparable to any other foreign brand.
Omatek exited the SMEIS scheme through a Private Placement undertaken by former Afribank Capital which eventually culminated in the company being listed as the first Computer Company on the Nigerian Stock Exchange in July 2008, since then the Omatek Factory has come up with various initiatives to drive and sustain the Minimum Order Quantity (MOQ) requirement of the First Class Manufacturers of Raw Materials.
One of such initiatives is the Omatek e-Xpress consumer scheme designed to assist Nigerians own computers through a convenient payment plan which spans between 12 – 24 months.
“Our new factory to takeoff immediately will include the new Solar Panel and the new LED bulbs and lighting factories. Our 24 hour Solar/Inverter/battery hybrid solution is a great innovation and is pioneered by Omatek and the first of its kind in Africa. This by itself is major income revenue to providing 24 hour light and power to homes, offices, schools, hospitals and hotels among others,” said Florence Seriki, managing director/CEO Omatek Ventures Plc
“It will interest you to know that Lighting and Power Solutions were provided via this solution in conjunction with special Omatek LED bulbs. These Bulbs last three to Five years without maintenance and our regular 42W Flourescent bulbs had been reduced to 9W for 2ft and 13W for 4ft bulbs; thus reducing consumption by over 85%” added Seriki to affirm the additional focus at the new factory.
Tidying up on its financials with funding instruments from offshore and local partners, Omatek, which recorded over a billion naira turnover last year from not just its existing computer products but also from its newly innovating products such as the 24 hour Solar/Inverter/battery Hybrid Solutions sold to schools, offices and homes, said it was re-kitting its financial base to enable it consolidate and expand its portfolio of services available through its Consumer Scheme Finance and Omatek Resource Centres.
Since it entered the competition, Omatek has grown to become one of the continent’s leading brands. Omatek opened a factory in Ghana over years ago as part the company’s pan-African vision. Omatek has won global accolade and got the endorsement of the International Telecommunications Union (ITU) about four years ago as a driver of technological change in Africa . From software giant Microsoft, it got recognised as the No.1 PC manufacturer in the West and Central Africa (WECA) region.
Omatek with strong performance record in Nigeria’s public sector was described about six years ago by then President Olusegun Obasanjo as a product of “vision and resilience,” during the official launch of the Omatek brand in Nigeria by the former president in Aso Villa, Nigeria’s seat of power. Describing Omatek as a testimony that government’s policy of having a private sector led economy was working, Chief Obasanjo said Omatek had proven that the capacity to join the information society was readily available and all that was needed was governments to create an enabling environment for the private sector to drive the needed change as the Nigerian government had done. According to Obasanjo, Omatek has created a benchmark for other enterprises.
News
FG Inaugurates Board of Galaxy Backbone

The Federal Government has inaugurated the new Board of Directors of Galaxy Backbone Limited (GBB). The board’s mandate is to lead Nigeria’s digital transformation in Information and Communication Technology (ICT) infrastructure and services.
It will support Federal Government Ministries, Departments, and Agencies (MDAs) in a fast-changing landscape.
George Akume, Secretary to the Government of the Federation, led the inauguration. He emphasised the government’s commitment to making GBB more agile, responsive, and impactful. The aim is to drive national digital public infrastructure and service delivery. This was according to a statement by Segun Imohiosen, Director of Information and Public Relations.
The board has George Akume as Chairman. Its members include Rabi’a Adamu Waziri from the Petroleum Technology Development Fund (PTDF), Abubakar Abdulqadir Maje from the Joint Stock Association (JSA), Kemi Owonubi from the Ministry of Finance Incorporated (MOFI), and Margareth Ebute from the Ministry of Communications and Digital Economy.
Other members are Ibrahim Adeyanju, Olusegun, Olumbe Akinkugbe, Sanni Ibrahim Mohammed, and Adama Pindar from Galaxy Backbone Limited.
In his acceptance speech, Prof. Ibrahim Adepoju Adeyanju, Managing Director of Galaxy Backbone Limited, assured that the board will focus on sustainability. He said it plans to realign its vision and build a strong foundation for achieving strategic goals.
He also noted that within one year, the agency developed its Integrated Digital Transformation Strategy (IDTS). This strategy will run from 2025 to 2028.
News
ST Team Partners with Deji of Akure to Boost Agriculture and Food Security in Ondo State

Smart Treasure (ST Team) has honored the Deji of Akure, His Royal Highness Ọbá Aladetoyinbo Ogunlade Aladelusi, Odundun II, CFR, with a plaque of recognition for his dedication to the welfare of his subjects.
The presentation was made at the monarch’s palace in Akure by a delegation led by Instructor Luke Mbadugha from the Lagos Operations Center.
The visit was part of ongoing discussions on a partnership aimed at boosting agriculture in Akure, Ondo State.
The initiative, spearheaded by the ST Team, seeks to ensure the availability of farmland for agricultural purposes.
Under the arrangement, the ST Team will provide seedlings and manpower, while a significant portion of the proceeds will be distributed to the indigenes at no cost.
The remaining proceeds will support the administrative operations of the ST Team.
In his response, Ọbá Aladetoyinbo announced the allocation of a parcel of land at Ofosu, along the Ondo-Benin Road, for the project.
He described the initiative as a commendable effort to enhance food security for both the local community and the nation.
The monarch also called for a follow-up meeting to facilitate the assessment of the land for the project’s commencement.
Meanwhile, farming activities are set to resume at Aladodo Isikan in Akure South Local Government Area, another site designated for the agricultural project.
The four-acre land will be used to cultivate crops such as yam, cassava, plantain, and maize. A test run of maize planting began on April 9, 2025, with expectations of harvesting in three months.
Kabiesi Akinwunmi Adekanmbi Obey, the monarch of Olulero Okelero, Onitan Isikan, lauded the ST Team for their commitment to ensuring food availability.
He emphasized the importance of agriculture, stating, “Whoever brings food brings life.”
The ST Team, an investment platform dedicated to reducing poverty in Africa by 30% by 2027, has been actively involved in various Corporate Social Responsibility programs, including this agricultural initiative.
The project underscores their mission to create financial freedom and improve the quality of life for individuals across the continent.
News
Zinox Technologies, TETFUND Collaborate for Tech-Driven Sustainable Future in Tertiary Schools

Zinox Technologies Limited, a leading ICT solutions provider in West Africa, has engaged with the Tertiary Education Trust Fund (TETFUND) in Abuja, marking a significant step towards advancing innovation and sustainable energy solutions within Nigeria’s tertiary education landscape.

Dr. Leo Stan Ekeh, Zinox Chairman (left) and Arc. Sonny Echono, Executive Secretary, TETFUND (right) after the meeting
Under the theme “Advancing Innovation for a Sustainable Future,” the meeting aimed to establish a collaborative framework for technological transformation.
The Zinox delegation was led by Dr. Leo Stan Ekeh, its chairman, and included key members of the company’s executive management team.
On the TETFUND side, Arc. Sonny Echono, executive secretary, was joined by members of his top management team for the high-level discussions.
The highlight of the visit was the establishment of a strategic partnership between Zinox Technologies and TETFUND to provide renewable energy solutions to universities and polytechnics across Nigeria.
Additionally, Mrs. Kelechi Eze-Okonta, managing director, delivered a comprehensive, world-class presentation on the company’s diverse verticals and advanced ICT services, underscoring the need for intentional policy measures to support indigenous technologies for sustainable economic growth.
The TETFUND team expressed their appreciation for Zinox’s contributions to technology awareness, implementation, and adoption in Africa.
Arc. Sonny Echono, executive secretary of TETFUND, conveyed his deep appreciation for the visit by the Zinox team and commended Dr. Leo Stan Ekeh for his unwavering and impactful contributions to Nigeria’s digital transformation, stating that efforts are underway to establish a framework for effective energy solutions in tertiary institutions.
Highlighting Zinox Technologies’ expertise and proven track record, Arc. Echono expressed optimism about partnering with the company to develop scalable and efficient power solutions for academic institutions.
While both organizations remain committed to implementing innovative initiatives that enhance institutional capacity across the nation’s higher education sector, the visit marks a significant milestone in establishing a strategic partnership to equip Nigeria’s tertiary institutions with the essential technological infrastructure for a sustainable, digitally-driven future.
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