E-Business
Terragon Group Partners LBS on Digital Research
The digital industry in Africa has witnessed tremendous growth over the past couple of years.
Within this same period, the industry has witnessed a dearth of relevant Research reports within the region, which should help foster new innovations. Terragon Group, leading African digital media company, has partnered with Lagos Business School (LBS), the graduate business school of the Pan-Atlantic University, to further delve into the ecosystem and provide relevant, credible research data and reports.
This partnership was fostered out of the need for stronger alliances to provide the type of research data that will be relevant to the industry.
Speaking on the partnership, Elo Umeh, chief executive officer, Terragon Group, said “As a Group, we have carried out quarterly researches on our own which addresses the need for local and relevant data to help the digital ecosystem and streamline the efforts of advertisers online. We have grown to be recognised for these periodic reports both locally and internationally.”
“Our partnership with LBS is borne out of the need to take our researches a notch higher. We will be working with a team of experts within the University to provide periodic relevant research data to the public. There will be an exchange of expertise by both parties. This, we believe, will further enhance the effectiveness of the quality of reports that are being released, and give more credit to the research work we have been doing as a Group over the years.”
On his part, Dr Eugene Ohu, lead LBS faculty on the partnership, said: “LBS faculty will bring to this relationship a broad range of expertise that should help make more sense of big data and improve understanding of the digital audience. We will obtain new insights into economic behaviour, human psychology and digital marketing trends in Africa. These novel insights will create persuasive and ethical communications through which marketers can reach their intended audience at the right time.”
Terragon Group houses three independent yet convergent businesses which delve into different aspects of the digital ecosystem – Terragon Limited (TL), Twinpine Limited and Terragon Media Limited (TML). The Group operates out of Nigeria and four other markets including Kenya, Ghana, South Africa and India, and with the capacity to do business across the continent.
LBS as the graduate school of the Pan-Atlantic University, was founded in 1991, and acclaimed for its quality education and global best practice in this part of the world. It also has strong ties with IESE Business School, Spain, is a member of the Global Business Schools Network (GBSN), founding and active member of the Association of African Business Schools (AABS), member of the Association to Advance Collegiate Schools of Business (AACB), Principles for Responsible Management Education (PRME), among others.
Gartner predicts that by 2028, 75 percent of enterprise software engineers will use Artificial Intelligence (AI) code assistants, up from less than 10 percent, currently.
According to a Gartner poll of 598 global respondents conducted in the third quarter of 2023, 63 percent of organisations are now testing, deploying, or have previously implemented AI code assistants.
AI code assistants provide for more capabilities than only code development and completion, notes the research firm.
According to Gartner, the use of AI code assistants can lead to higher work satisfaction and retention, resulting in lower turnover costs.
Philip Walsh, senior principal analyst at Gartner, comments: “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants.
“However, traditional ROI frameworks steer engineering leaders toward metrics centred on cost reduction. This narrow perspective fails to capture the full value of AI code assistants.”
Gartner notes that software engineering leaders must “reframe the ROI conversation from cost reduction to value generations”.
Walsh adds: “Calculating time savings on code generation is a good place to begin building a more robust value story. To convey the full enterprise value story for AI code assistants, software engineering leaders should connect value enablers to impacts, and then analyse the overall return to the organisation.”
National Identity Management Commission (NIMC) has said that the planned national ID card will be issued to applicants by their banks.
NIMC said it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the cards to applicants.
“The card will be issued through the applicants’ respective banks in line with existing protocols with the issuance of the Debit/Credit cards,” the agency said at the weekend update on its official X handle.
KEY FACTS ABOUT THE PROPOSED NEW GENERAL MULTIPURPOSE NATIONAL IDENTITY CARD
- The new National ID Card is a single, convenient, and General multipurpose card (GMPC) , eliminating the need for multiple cards—not three.
- The single GMPC has multiple use cases:…
— NIMC (@nimc_ng) April 12, 2024
It said applicants need to request their cards with their NIN “through the self-service online portal, NIMC offices, or their respective banks”.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS,” NIMC said.
“The card can be picked up by holders at the designated center or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” the update read.
National Identity Management Commission (NIMC) has said that the new national Identity card, powered by AfriGo Card, is a single card with multiple services.
NIMC made the clarification against the confusion and criticisms that have trailed the AfriGo Card , touted as a National Domestic Card Scheme.
NIMC is launching the AfriGo Card, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), and has had appointed SecureID, a Lagos headquartered company to manufacture the Card Scheme
Making clarification on the card, Kayode Adegoke, head of Corporate Communications of the NIMC, said the General multipurpose card (GMPC) will eliminate the need for multiple cards.
“The new National ID Card is a single, convenient, and General multi-purpose card (GMPC), eliminating the need for multiple cards—not three.
“The single GMPC has multiple use cases: Payments/Financial, Government intervention/services, travel, etc.
“The National Identity Management Commission is working with the Central Bank of Nigeria and the Nigerian Interbank Settlement System to deliver the payment and financial use cases.
“The card will be powered by the AFRIGO card scheme, an indigenous scheme powered by NIBSS. Applicants for the card will have to request with their NIN through the self-service online portal, NIMC offices, or their respective banks.
“The card will be issued through the applicants’ respective banks, in line with existing protocols with the issuance of the Debit/Credit cards.
“The card can be picked up by holders at the designated centre or delivered to the applicants at the requested location at an extra cost to be borne by the applicants,” he said.
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