E-Business
Zinox Dismisses Claims of Police Indictment of Leo Stan Ekeh

The management of Zinox Technologies, Nigeria’s leading integrated Information and Communications Technology (ICT) company,has debunked allegations of Leo Stan Ekeh, its chairman, being indicted by the Nigerian Police.

Leo Stan Ekeh
This was contained in a detailed statement released to the media on Tuesday, December 22, 2020.
‘‘Firstly, Zinox Technologies makes bold to state categorically that neither its Chairman, Ekeh, nor any of its staff or the staff of Technology Distributions Limited, including Chris Eze Ozims, Shade Oyebode, Charles Adigwe and Mrs. Chioma Ekeh, were indicted by any investigative agency or facing any criminal trial in any court in Nigeria. Anyone with contrary position should please make it public.
The crux of the matter is that Benjamin Joseph and his partner Princess Kama had domiciled an FIRS computer supplies transaction worth N170m funded by Technology Distributions Ltd., the biggest HP authorised distributors (and not Zinox Technologies), with a promise to pay immediately they received payment from the FIRS, with additional guarantee from Princess Kama’s uncle, Chief Onny Igbokwe as Citadel Oracle Concepts Ltd was not qualified to enjoy credit from Technology Distributions. When FIRS paid, Mr. Benjamin Joseph tried to divert the fund but his partner, Princess Kama refused and paid Technology Distributions the pre-agreed invoice sum of the laptops supplied on credit. Mr. Joseph took offence and started writing all sort of fake petitions. We are aware that Mr. Joseph has kept petitioning every Police station he comes across to invite Mr. Ekeh over a matter that he (Joseph) is currently standing a criminal trial for.’’
Zinox, which disclosed that the allegations were being propelled by some news media, especially Premium Times, allegedly at the instigation of Mr. Joseph of Citadel Oracle Concepts Limited, urged members of the public to pay no heed to the unsubstantiated claims, which it refuted in details.
‘‘Knowing the consequence of the intended mischief set out by these nefarious media, the management of Zinox deems it expedient to set the records straight with information and facts that can be independently verified by anyone. Indeed, we would not have paid any attention to the latest piece of sponsored fake news from Premium Times, were it not for the essential need to ensure that right-thinking Nigerians are not misled by the antics of an unscrupulous group of people who are bent on tarnishing the hard-earned reputation of Mr. Ekeh.’’
Further, the statement revealed that Mr. Joseph is currently facing a criminal trial on the same allegations he claims the Zinox Chairman was indicted for, thereby rendering his claims incredulous and without substance.
‘‘Joseph had lodged a complaint with the Nigerian Police Special Fraud Unit (SFU), Ikoyi, Lagos, claiming that his board resolution and other corporate documents were forged to execute the FIRS contract of about N170million.However, the SFU in their investigation did not only find out that he indeed authorized the contract by giving a letter of authority to his staff, Princess Kama, and who along with Chief Igbokwe, executed the contract, but that the board resolutions and other documents were indeed signed by him. This follows a forensic report dated 12th March 2014, by the Commissioner of Police (Forensic Science Lab) D’ Dept (Force CID) Nigeria Police with reference no. AR:4150/X/FCD/Vol.4/11.
‘‘It was on the basis of the findings above that the said documents were not forged and that the laptops, in question, were indeed supplied to the FIRS, that the then-Inspector General of Police, Solomon Arase charged Benjamin Joseph for false information in Charge No. CR/216/2016 (Inspector General of Police vs. Benjamin Joseph) on the same set of facts/allegations which he now claims Mr. Ekeh was indicted for. How can Mr. Ekeh be indicted by the Police in 2015 when the same Benjamin Joseph is currently being tried by the same Police for false information before Honourable Justice Peter Kekemeke of the FCT High Court Abuja for same allegations?
‘‘It is instructive to note that the Attorney-General of the Federation through the Federal Director of Public Prosecutions had twice given legal advice to the Inspector of General of Police to prosecute the said Benjamin Joseph to a logical conclusion for giving false information. Thelegal advice was dispatched in two letters dated 10th February 2017 (ref no. DPPA/PET/397/16) and 7th May 2018 (ref. no. DPPA/ADV:1009/14). Consequently, the Inspector General of Police had acted on the legal advice vide a letter dated 16th February 2017 (ref. no. CB:3560/IGP.SEC/ABJ/Vol88/560) to the COP (Legal Dept, Force headquarters) to implement the legal directive of the Attorney General of the Federation.
‘‘It is, therefore, mischievous and deceitful for anyone to report that the Chairman of Zinox or its staff were indicted in 2015 by a report by one Assistant Commissioner of Police (ACP). We state here that we are reading about the so-called 2015 report for the first time through the news media. The staff of Zinox or Technology Distributions were neither invited by the said ACP nor were they made to write any statements. Otherwise, let them produce any statements that were made to the so-called Police Investigation Board. How can you conduct an ‘investigation’ and make a report indicting certain individuals without hearing from them on their own side of the story? How can the so-called report of an ACP in 2015 override the subsequent unequivocal legal advice of the Attorney General of the Federal and the Inspector General of Police?’’
In addition, Zinox accused Premium Times of bias, even as it disclosed that the medium is currently being sued for defamation before an Abuja High Court.
‘‘It is also instructive to note that the said Benjamin Joseph had petitioned the Vice President of Nigeria on the same allegation, of which the EFCC was mandated to investigate. At the end of the investigations, the EFCC absolved Technology Distributions Limited and its staff.The EFCC rather charged the staff/representatives of Citadel Oracle Concept Limited (due to their own internal issues) in Charge no. CR/244/2018. None of the staff of Zinox or Technology Distributions were charged. The case is before Honourable Justice Senchi of the FCT High Court, Abuja, and can be verified independently.
‘‘All the documentsabove have been tendered in evidence in the ongoing criminal charge against Benjamin Joseph in the said Charge no. CR/216/2016, and can be verified by anyone. These facts and information are well known to Premium Times but they would rather hide them from their reportage. Of course, the biased and mischievous reporting stems from the fact that Zinox Technologies took out a N2billion libel case against them at the FCT High Court, Abuja, over these fake publications. Hence, it is important for the reading public to understand that Premium Times writes from the perspective of a disgruntled and aggrieved medium, due to the case Zinox has against them.
‘‘Also, neither Zinox or Mr. Ekeh has transacted any business with Mr. Joseph. He had been unqualified to enjoy credit from Technology Distributions Limited, another company affiliated with Mr. Ekeh and when he was aided by his business partner who approached TD Africa on his behalf, he had attempted to criminally corner the proceeds without paying for the items supplied on credit. Failure to achieve this aim had seen him turn around to claim that the items were not supplied to the FIRS and later, that he was not aware of the contract and that his signature was forged to execute the contract. He has since resorted to relying on some of our competitors who are funding him to continue his campaign of calumny against Zinox and Mr. Ekeh.
‘‘We make bold to say that Mr. Ekeh is a globally respected corporate citizen who has been in business for over 35 years with local and internationally reputed partners and without a single shred of scandal, fraud or underhand practices to his name.
‘‘Once again, we urge all Nigerians, our partners and other well-meaning people to ignore his antics, even as we await the speedy dispensation of justice in the suit involving him (Joseph) and Premium Times before the courts,’’ the statement concluded.
E-Business
ALX Nigeria Launches 2025 Ventures Incubator, Premieres Pan-African “Do Hard Things” Finale

ALX Nigeria is once again proving that when African talent meets the right opportunity, magic happens. In a celebration of innovation, grit, and ambition, ALX officially launched its 2025 Ventures Incubator Cohort, an elite group of startup founders handpicked from across the country, while simultaneously premiering the grand finale of the pan-African “Do Hard Things Challenge” at its Lagos hub.
From tech founders solving community challenges to creatives turning ideas into global solutions, ALX is backing the bold and building the infrastructure to help them scale. The ALX Ventures Incubator is the next big leap for graduates of the Founder Academy, providing them with hands-on mentorship, investor access, and the resources to grow sustainable businesses that shape the future of the continent.
“The launch of the ALX Ventures Incubator is proof of our unwavering commitment to building the infrastructure for African innovation to thrive,” said Ruby Igwe, Country General Manager at ALX Nigeria. “We witnessed incredible potential at our Founder Academy, and this next step ensures that these promising startups receive the support they need to grow into high-impact ventures. It’s about translating potential into lasting impact.”
These new ventures are powered by the same spirit that drove the Do Hard Things Challenge—a bold initiative that saw ALX travel to eight African cities in search of the continent’s most inspiring entrepreneurs. The final stop? Mauritius, where top finalists pitched in a high-stakes finale, now screened live for the Lagos tech and media community.
The challenge took ALX across Lagos, Nairobi, Johannesburg, Kigali, Accra, Cairo, Casablanca, and Addis Ababa, shining a spotlight on resilience, creativity, and unstoppable drive.
“The ‘Do Hard Things Challenge’ embodies the spirit we cultivate at ALX: resilience, ambition, and the courage to tackle complex problems,” said Joshua Ebinabo, ALX Ventures Country Entrepreneurship Development Manager.
“Showcasing the finale from Mauritius here in Lagos connects our local innovators to the broader African story. It inspires our learners, reassures parents about the future of tech, and shows business leaders the investment-ready talent right here in our ecosystem.”
The event brought together founders, business leaders, creators, and media influencers—all gathered to witness what happens when African talent is seen, celebrated, and supported. The energy was electric, the vision was bold, and the mission was clear: empower Africa’s brightest minds to build global solutions from right here on the continent.
Whether you’re a startup founder looking to scale or a dreamer looking for your big break, ALX continues to be the launchpad for Africa’s digital and entrepreneurial revolution.
Learn more about ALX’s tech and business programmes at alxafrica.ng, and follow the movement on YouTube, TikTok, LinkedIn, and Instagram via @alxnigeria.
E-Business
OpenAI Eyes Chrome Acquisition if Google is Forced to Sell

Nick Turley, OpenAI’s Head of Product, testified in Washington that the company would be interested in acquiring Google’s Chrome browser if antitrust enforcers succeed in forcing Alphabet to sell the popular web browser.
This testimony was part of a high-profile trial in which the US Department of Justice is pushing to break up Google’s monopoly in the online search and advertising markets, Reuters reported on Tuesday.
The DOJ’s case centres on Google’s dominance in online search, which it argues unfairly stifles competition. A key aspect of the DOJ’s proposed remedies includes requiring Google to divest assets, including its Chrome browser, to restore a more competitive search environment.
According to the report, Turley’s statement provided insight into OpenAI’s competitive positioning within the generative AI space.
He noted that Google’s refusal to partner with OpenAI for access to its search technology within ChatGPT had pushed the company to explore alternative partnerships, particularly with Microsoft’s Bing.
Turley had previously written that ChatGPT leads the consumer chatbot market and did not consider Google its biggest competitor, according to an internal OpenAI document presented by Google’s lawyers during the trial.
He clarified that the document was meant to inspire OpenAI employees and emphasised that the company would still benefit from distribution partnerships, Reuters reported.
Earlier in the day, Turley testified that Google rejected OpenAI’s bid to use its search technology within ChatGPT.
OpenAI had reached out to Google after experiencing issues with its own search provider, Turley said, though he did not identify the provider. ChatGPT currently uses Microsoft’s Bing for search.
“We believe having multiple partners, and in particular Google’s API, would enable us to provide a better product to users,” OpenAI had told Google in an email shown at the trial.
OpenAI first reached out in July, but Google declined the request in August, citing concerns about competition. “We have no partnership with Google today,” Turley said.
The trial also highlighted Google’s internal strategy, including efforts to secure exclusive search agreements with major Android device manufacturers like Samsung.
According to Turley, such exclusivity could hinder the development of competing AI technologies, like ChatGPT, which depend on a range of search and data sources.
E-Business
Digital Consumers are Driving a New Era of Online Shopping, Transforming how Nigerian Youth Buy

The digital revolution is hitting Nigeria’s retail scene fast, and it’s being powered by the country’s youth. Armed with smartphones and a demand for affordability, they’re shaping the e-commerce industry where convenience reigns supreme.
Nigeria’s internet users, reaching more than half its population, creates a strong foundation for e-commerce growth. This growth is significantly fueled by the nation’s youth, a substantial 160 million (70% of the population), whose tech-forward nature drives the popularity of platforms like Temu, satisfying their demand for accessible and budget-friendly online retail.
This generation has flipped the retail script. Value is their compass, price comparisons their weapon, social media their guide, and convenience their non-negotiable. This isn’t just shopping; it’s a calculated pursuit of savvy options, the widest selection, and the best value-for-money deals.
The power of finding a good deal is undeniable, especially for these shoppers watching their wallets. Social media is a testament to this, filled with posts celebrating the newfound ability to purchase items once considered luxuries.
Take Anwulika Udanoh (@Anwulika Udanoh on Facebook), for example. Her recent post, detailing her shopping experience on Temu, is a perfect snapshot of this online shopping revolution. She stumbled upon affordable jewelry on the platform, swayed by glowing reviews, and took a chance. What followed was a delightful surprise: customised earrings bearing her name, a feat once thought impossible.
Even her son’s friend jumped on the personalisation trend with custom pendants. ‘Their prices will shock you,’ she wrote, with genuine excitement. And despite any concerns about longevity, the sheer joy of affordable, personalised style at good quality won her over. That’s the power of this shift.
This goes beyond mere bargain hunting; it’s about empowerment. It’s about unlocking the ability to express your unique style without sacrificing your financial stability. It’s about finding those small sparks of joy, like personalised jewelry that feels uniquely yours. For many, these platforms are a portal to a more colourful and individually tailored life.
Then there’s the spirit of adventure, captured in a simple tweet by Steph (@steph on X): ‘ordered a couple of desk items, wish me luck.’ It’s the essence of a generation eager to discover new ways to elevate their everyday life.
Launched in the country in November 2024, Temu offers a diverse selection that aligns with the dynamic needs of young Nigerians. The direct-from-factory online marketplace is known for cutting out layers of middlemen and their associated markups and costs, passing on savings to consumers. Serving more than 90 markets globally, Temu has become one of the most visited e-commerce sites worldwide and a top Apple-recommended app of 2024.
Let’s be real: budgets matter. In a country where every naira is carefully considered, competitive pricing and accessible payment methods, aided by partnerships like Temu and Verve, empower Nigerian shoppers with greater choice and freedom to embrace trends while making the budget go beyond. It’s like opening up a world of possibilities.
Adding to the appeal is a user experience designed for the mobile age. With 193.9 million cellular connections, smartphones are the gateway to this digital world, and intuitive platforms allow for seamless browsing and purchasing on the go, perfectly aligning with the dynamic rhythms of young Nigerian life.
This mobile-first approach is further amplified by the power of social proof. In a nation of 31.60 million social media users, reviews and recommendations carry significant weight, transforming satisfied shoppers into passionate brand advocates.
A growing digital environment, particularly in urban areas, presents a rich opportunity for platforms that resonate with the aspirations of young people. They seek more than just products; they want to build online communities, create digital identities, and shape their lifestyles.
Real stories like those of Anwulika and Steph show that Temu isn’t just a place to shop, but a platform that’s unlocking joy, creativity, and financial freedom for Nigeria’s youth. Whether it’s personalised jewellery, playful desk accessories or everyday essentials, Temu is turning everyday purchases into moments of empowerment — proving that with the right platform, anything is possible.
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