The Naira on Wednesday dipped further against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

It lost 4 points to exchange at N357 to the dollar, from N353 it traded on Monday.

The Nigerian currency also weakened further against the Pound Sterling and the Euro as it exchanged at N462 and N385 respectively, from N460 and N383 it traded on Monday.

At the official interbank window, the Naira closed at N283.42 to a dollar.

Traders at the market cited the scarcity of the greenback as reason for the extension of loses of the Naira.

HID Global, a secure identity solutions, recently announced that it has partnered with Media Concepts of Lagos, Nigeria to deploy mobile IDs on Nigerian citizens’ smartphones using the new HID goID platform. Mobile IDs will be issued through the Nigerian Police Biometric Central Motor Registry (BCMR) vehicle registration card program, which provides real-time access to vehicle/vehicle owner information via credentials and mobile readers powered by Seos. The BCMR card program is moving from pilot phase to full implementation with the expectation to register all motor vehicles as the project rolls out nationwide.

This program in Nigeria is the first of several programs that HID Global will be announcing across the world in support of the company’s mobility initiative launched last month, including the new HID goID™ solution that enables smart devices to securely carry government-issued IDs and conduct transactions not possible using a physical card.

The Nigerian Police BCMR is a biometrically-enabled, real-time information system designed to enhance the reliability and effectiveness of policing. The BCMR vehicle registration program marks the beginning of a major deployment of vehicle registration cards and mobile readers that are powered by Seos technology.

Simultaneously, the Nigerian police are launching the program to offer citizens a secure and convenient mobile ID option. Citizens can apply for a mobile ID at the time of vehicle registration. Once registration is complete, issuance of the mobile ID to a citizen’s smartphone is almost instant, which bridges the gap between registration and receipt of the physical card.

The Nigerian Police will be issued smartphones as mobile readers to verify a vehicle owner’s ID and at the same time gain real-time access to reliable accident, crime or insurance information on the vehicle. The readers will sit in a specially designed cradle to accommodate the citizen’s biometrics stored on the card or mobile ID.

This chart shows why GTBank is Nigeria’s leading bank and Union Bank Plc may not see another decade. When you look deeper, you will agree that GTBank has the best cost-to-income ratio in the industry.

Major leading Original Equipment Manufacturers (OEMs) in Nigeria have come together to form a body that would further strengthen local content advocacy in the country.

According to the OEMs, which included BRIAN Integrated Systems, BETA Computers, OMATEK computers, VEDA Technologies and ZINOX Technologies, formed a body known as Certified Computer Manufacturers of Nigeria (CCMON).

The coordinator of CCMON, Bode Pedro, who is also the Chief Executive Officer of VEDA Technologies, said that the coming together of the firms have been in the pipeline for quite some time but that the right time has come for it, especially now that there is renewed impetus from the government towards the support and growth of local content in ICT.

The main objectives of CCMON, according to Pedro, included working with all relevant stakeholders to grow the capacity of Nigeria computer manufacturers that will generate increased employment, strengthening the Naira and ensure the growth of local economy.

According to a report by PwC, a consultancy, the Nigerian market is dominated by social/casual gaming, eclipsing fledgling revenues on more expensive devices like consoles and Personal Computers (PCs). It disclosed that the mobile gaming market has flourished and in 2014, with social/casual gaming revenue accounting for 7.7 per cent of total video game revenue at $70 million. Yup, the the gaming monitor of choice is changing, to everyone’s surprise it is becoming smaller!

According to PwC, this will increase further to $147 million in 2019, at a CAGR of 16.1 per cent. “At this time, social/casual games will comprise 8.4 per cent of total video game revenue in Nigeria, driven by greater ownership of mobile devices than of consoles and PCs. Video game advertising revenue remains non-existent in this market.”