E-Business
LG Electronics Supports Youth Empowerment with OLED TV Gaming Event

LG Electronics (LG), over the weekend took the gaming experience of its customers to a new height as the company staged the grand finale of its OLED TV Gaming Challenge at Eko Hotel & Suites, Victoria Island, Lagos.
LG is the first consumer electronics brand to independently launch a gaming campaign-LG OLED Gaming challenge, making it one of the largest e-sports competitions in Nigeria for game lovers. It was initiated in 2018 which marks the 1st season of the competition for gamers. The challenge has since then turned out to be an annual contest for gamers to show their skills, experience the fantastic features of OLED and battle with one another for a prize- OLED TV.
The company thrilled its teeming customers with its newest OLED TVs which offer blazing speed and stunning colour reproduction through NVIDIA G-SYNC. LG’s OLED TVs are the first and only in the market today that are G-SYNC Compatible.
The grand finale event saw the contestants- winners of the 6 seasons compete for an OLED65c9 TV and a cash prize of one million naira.
According to Mr. Vanjamin Kim, General Manager, Home Entertainment Division, LG Electronics West Africa, the initiative is for lovers of video game to demonstrate the beauty and the uniqueness of the ‘depth of black’ in OLED TV, especially when gaming on it.
“We intend to have more of this kind of gaming challenge to engage more of our consumers who love gaming. It’s an avenue to reward our customers and promote LG OLED TVs as the best TV for gaming. With exceptional picture quality, low input lag and an ultra-fast response time, LG OLED TVs have already earned a reputation for delivering an optimized gaming performance”, he said.
Mr. Hari Elluru, Head of Corporate Marketing, LG Electronics West Africa also added, “the addition of NVIDIA G-SYNC Compatibility raises the bar once more, guaranteeing even more immersive big-screen PC gaming on the company’s industry-leading 4K OLED models, available in 55 to 77 inch screen sizes. G-Sync and other VRR technologies help eliminate flicker, tearing or stuttering on displays when used to play games that are built using VRR”.
The company’s latest OLED TV models support a variety of popular HDR formats that further elevate the gaming experience. Users can play compatible titles in dynamic HDR10 or Dolby Vision (at up to 120 frames per second for Full HD content) taking advantage of HDMI 2.1 specifications such as auto low latency mode (ALLM), enhanced audio return channel (eARC), and variable refresh rate (VRR).
“With the G-SYNC firmware there is no lagging, tearing or stuttering while playing super-fast Games and watching fast moving contents”, he mentioned.
The grand winner, Junior Imaji, Pro-gamer said, “ It was quite tough and an interesting battlefield but I am elated to emerge as the winner. The 0ne million naira cash is the in-thing and the OLED TV is dope! I hope this platform that LG has created for gamers continue to grow stronger and birth more opportunities for professional gamers and amateurs.
The OLED TV Gaming Challenge has been held in different states – Lagos, Abuja, Ibadan and Port Harcourt and the season 7 ended in style as winners exalted LG for creating such exciting platform for gaming and TV lovers.
E-Business
Senate Passes Bill to Re-enact NIMC Act

The Senate has passed a bill, seeking to repeal and re-enact the National Identity Management Commission (NIMC) Act.
This followed adoption of report of Committee on National Identity Card and Population at plenary on Wednesday.
The report was presented by Senator Victor Umeh (LP-Anambra), chairman of the committee.
Senator Umeh in his presentation said the bill sought to provide for the establishment of a national identity database and the National Identity Management Commission.
According to him,the agency will be charged with responsibilities for maintenance of national database, the registration of individuals and the issuance of identity credentials.
He said the bill would lead to the creation of national identity database to source business biometric and empower NIMC to issue regulations and guidelines for implementation of the act and other related matters.
He said the bill sought to strengthen the legal framework of national and digital identity, hereby creating an optimal foundational identification ecosystem that fosters inclusion, universal coverage, and accessibility.
Senator Umeh said the act would establish a harmonious foundational identity system that is governed by a less restrictive, less cumbersome, non-discriminatory, non-punitive data protection, cost-effective, and compliance with global borders.
Senator Umeh said the bill, when passed into law, would address the challenges and limitations of national Identity management commission Act 2007, repeal it, and then close the gap of incomplete and inaccurate national identity database, provide efficient governance and service delivery.
He said the bill received overwhelming support from stakeholders at the public hearing due to the need to implement the long-awaited database system.
E-Business
World Bank Expresses Concern over Nigeria’s Poor Data, Statistics Quality

The World Bank has expressed concern over Nigeria’s poor statistical performance, noting that the country lags behind its aspirational peers such as Mexico, Colombia, South Africa and Brazil.
Mrs. Julie Osagie-Jacobs, director, Information and Public Relations, Ministry of Budget and Economic Planning, stated this in a statement after a courtesy visit to Senator Abubakar Bagudu, minister of Budget and Economic Planning, by a delegation from the World Bank led by Ndiame Diop, country director; and Mr Johan Mistiaen, practice mfor West and Central Africa, on Wednesday.
In his presentation titled “Next Level Statistics to Support Nigeria’s Reform and Growth Agenda,” Mistiaen stated that Nigeria’s statistical system was not on par with those of its developmental counterparts.
He advised that an annual investment of between $10m and $15m in the country’s statistical infrastructure would significantly improve performance and align Nigeria with its peers.
The statement read in part, “Earlier, Mr. Johan Mistiaen in his presentation on the next level statistics to support Nigeria’s reform and growth agenda, observed that the country’s statistical performance was not at par with its aspirational peers as Mexico, Colombia, South Africa and Brazil.
“He suggested that investing about $10-15m annually into the country’s statistical system can raise performance to that of its aspirational peers.”
Responding, Bagudu assured that the Federal Government would continue to guarantee the independence of the National Bureau of Statistics.
He commended the Bureau for consistently releasing credible and methodical data that have been relied upon by reputable international organisations.
The minister stressed that there would be no government interference in the operations of the NBS.
E-Business
FG Plans to Link Social Register to NIN for Humanitarian Crisis

Federal government has disclosed that efforts are ongoing to link the National Social Register (NSR) to the National Identity Numbers (NIN).
Prof. Nentawe Yilwatda, minister of Humanitarian Affairs and Poverty Reduction, explained that the linked data would assist the country to anticipate crises, mobilize resources faster, and ensure aid reaches those who need it the most.
He said harnessing data would save the country and relevant stakeholders the stress and bottlenecks of outdated processes.
He also identified bureaucratic crisis as the biggest crisis in the humanitarian space which stalls responses to humanitarian issues.
Speaking in Abuja on Tuesday at the National Humanitarian Roundtable programme, the minister said: “People are traumatized by climate change, security threats and economic shock across the country and in the midst of these, we have limited funding.
“The biggest crisis we have is not just the people being killed, the crisis we have is a bureaucratic crisis that does not respond to a humanitarian crisis. Every delay in decision making, every inefficiency in coordination, every shortfall in funding, costs the life of people.
“They say knowledge is power, but knowledge can be destructive too. It can only be power if we use it effectively. By leveraging data and technology, we can anticipate crises; we can mobilize resources faster and ensure aid reaches those who are in need the most and without the bottleneck of outdated processes.
“We are linking the social register to national identity numbers and geotagging all homes of those who are vulnerable across the country so that if there’s any crisis, we don’t need to begin to walk around communities and taking names and asking the States Emergency Management Agency and the National Emergency Management Agency (NEMA) for data.
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