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Use a very coarse sharpening stone (or maybe some sandpaper with a hard backing) and remove metal along the spine near the tip until it creates a point again. My favorite method for repointing though is to replicate the Busse style "penetrator tip", which basically means just putting two small bevels on the spine near the tip.
Tips are repaired from the spine. That's the best way to maintain a decent edge profile. If you repair from the edge, particularly on a folder, you can end up with the point above the handle when it's closed. You can do some 'blending' on the spine side which will make it look right. Also you're moving the edge into thicker metal if you do edge repair.
Draw it out with a Sharpie... you'll see which looks better.
cbw