E-Business
Paragon Software Releases Latest Report on Reference Apps Sale

Paragon Software Group, the world’s leading dictionary developer for mobile devices, tablets and PC, has announced the major market trends in digital publishing with more than 1500 dictionary and reference applications downloaded and sold throughout the network of all major app stores worldwide in 2014.
According to several major statistics companies, including analytic reports, the “education” and “reference” apps remain the leading categories for both Android and iOS.
However, the growth for iOS apps is steadily decreasing, as the market matures. This tendency is confirmed with the recent findings of Paragon Software analysts.
Paragon’s reference apps for 38 languages were developed in partnership with the world’s leading publishers and are used by millions of users and academic institutions.
The graphics below indicate Paragon’s key markets for downloads and revenues. The top countries include Germany, the USA, the Russian Federation, Austria and Switzerland.
The German-speaking regions of Europe account for almost 45% of the company’s revenue and approximately 28% of downloads.
During the past two years, the mobile market has seen the increase in adaptation of the new freemium business model.
The freemium model allows mobile users to test apps for free before purchasing them at app stores.
Paragon Software has switched to the freemium business model giving dictionary users the option to preview and try out product features and learning tools to make the right choice in accordance with their personal language level and skills.
The freemium model especially benefits teachers and language instructors allowing them to select the most suitable content for their students when purchasing volume licenses.
The freemium business model opened up better possibilities for users to preview apps to make sure they purchase exactly what they want.
Unfortunately, the adaptation rate of digital reference products at educational institutions remains low.
Many teachers reject the possibility of introducing the latest devices and dictionaries as apps to the classroom, still preferring exclusively traditional learning materials and print editions.
Therefore, dictionary apps are still considered as supplementary materials in the classroom.
With the adoption of the new business models, the platform share for iOS vs Android apps has changed significantly.
Android users for the three quarters in 2014 account already for 76% compared to 18% in 2013.
However, the revenue share for Android apps remains the same as over the past 2 years. Many Android users expect to get apps for free or cheap, and are reluctant to pay for premium content.
The revenue distribution for mobile and desktop platforms has also changed in 2014. While iOS remains the cash cow, the combined revenue share of Windows Phone and Windows 8 has trebled.
At the same time, the share of dictionary apps downloads for both platforms has decreased to 4.8% and 8%, respectively.
The decrease in app downloads did not lead, however, to the decrease in revenue.
There is a 2.5% growth in OS X revenue. This is mainly caused by the OS X growing popularity worldwide. Paragon’s report was compiled immediately prior to the release of iOS 8, but preliminary figures since 10 September show no significant change to this trend.
The recent survey by Paragon Software shows that the majority of the company’s customers are language learners, yet less than 10% are teachers.
However, the number of business professionals — presumably communicating with colleagues in foreign languages — accounts for almost 20%.
This confirms the trend of requirement for fluency in foreign languages by business professionals in the ever increasingly globalized working environment.
E-Business
INEC Sets Up AI Division to Strengthen Electoral System

Independent National Electoral Commission (INEC) has announced the establishment of an Artificial Intelligence (AI) Division within its ICT Department.
This marks a significant stride toward enhancing electoral integrity, efficiency, and innovation in Nigeria’s democratic process.
This decision was reached at the Commission’s regular weekly meeting held in Abuja, following a series of consultations and engagements on the global and continental impact of AI on elections.
In a statement issued by Sam Olumekun, national commissioner and chairman of the Information and Voter Education Committee, INEC underscored that the growing relevance of AI in electoral matters necessitated a proactive institutional framework to manage both the risks and opportunities it presents.
“Our interactions with electoral bodies across Africa highlighted both the risks of AI—such as fake news and content manipulation—and the vast potential it holds for data-driven decision-making, risk mitigation, automated voter services, and geo-spatial intelligence for logistics,” Olumekun noted.
According to him, the newly created division will centralise the Commission’s AI efforts, ensuring a harmonized approach to deploying intelligent systems that enhance decision-making, improve voter engagement, and boost the credibility of the electoral process.
“The creation of this division puts the Commission at the forefront of institutionalizing AI capabilities in electoral management.
It is also part of our ongoing reforms in areas where administrative action is sufficient to drive change,” he said.
He added that the AI Division will help INEC better coordinate its existing technological investments while providing safeguards against the misuse of AI technologies.
“We are positioning ourselves to maximise the positive impact of AI while mitigating its negative implications. This step strengthens the credibility and transparency of elections in Nigeria,” Olumekun concluded.
The initiative, INEC emphasised, reflects its commitment to embracing innovation in safeguarding democracy and improving electoral services nationwide.
E-Business
CAC, NIBSS Unveil Platform for Data Access to Private Firms

Corporate Affairs Commission (CAC) in partnership with the Nigeria Inter-Bank Settlement System (NIBSS) has unveiled a new Application Programming Interface (API) integration system to allow private firms access company data from the Commission’s database.
Hussaini Ishaq Magaji (SAN), registrar general of CAC, who spoke in Abuja at the unveiling said the system would give selected private organizations access to CAC services through technology-based companies, called “super agents.”
“This is a practical step to show that the Commission is committed to meeting the expectations of our customers,” he said.
Magaji explained that the integration allows the agents to retrieve data from the CAC database for use in specific client requests, outside the standard services provided by the Commission.
“Before now, only a few government agencies had this integration, especially those involved in investigations, anti-money laundering, and terrorism financing. Now, private companies that meet the criteria can also access it,” he said.
He said the system complies with the Nigerian Data Protection Act 2023, and information such as residential addresses, phone numbers, and dates of birth may be restricted.
“This is a call to law firms and companies with the right technology. We’ve started with NIPS because of their credibility. Embassies and banks can now authenticate company records directly through them.”
“There are prescribed fees. We already collect them on our portal, and now customers can also pay through these agents,” he explained.
He named NIPS, MoneyPoint, and OPE as some of the companies involved.
“OPE and MoneyPoint handle only registrations. But NIPS has moved further into validation and verification,” he said.
Ngover Ihyembe-Nwankwo, executive director at NIBSS, who represented Premier Oiwoh, managing director, said the service allows secure and efficient data verification.
“This is the result of years of effort to connect our systems with CAC. It will help users verify data within the limits of data protection laws,” she said.
She said the move is a way to lower costs and promote interoperability across the financial sector.
E-Business
FG Launches Online Citizenship, Business Management Platform

Ministry of Interior has announced the launch of a new Online Citizenship and Business Management Platform in line with the Renewed Hope Agenda of President Bola Tinubu.
A statement signed by Dr Magdalene Ajani, permanent secretary, Ministry of Interior’s said the initiative forms a key part of its ongoing reforms aimed at promoting transparency, enhancing operational efficiency, and significantly improving service delivery to the public.
The new digital platform is designed to streamline the application and processing of citizenship and business-related services, ensuring faster turnaround times and improved user experience.
The platform allows users to apply for and manage business permits, ensuring that both local and foreign businesses operate legally in Nigeria.
It includes an Expatriate Quota System to manage work permits for foreign employees, helping companies hire skilled workers while complying with Nigeria’s immigration laws.
The Citizenship Administration and Management System provides a streamlined online process for applying, tracking, and managing Nigerian citizenship applications and related services.
Members of the public, corporate entities, and other stakeholders are expected to access the platform through the ministry’s website: https://interior.gov.ng , Direct Portal Access: https://candb.interior.gov.ng , or contact candb-support@interior.gov.ng for support and inquiries.
“The Ministry of Interior remains committed to establishing a more efficient, transparent, and secure framework for citizenship administration, while continuously enhancing service delivery through digital transformation,” the statement read in part.
- Telecom3 days ago
Celebrating African Creativity: Made by Africa, Loved by the World’ Returns for Its Fifth Year
- E-Financial3 days ago
CBN Introduces AML to Fight Financial Terrorism, Gives Banks Deadline
- General News3 days ago
Over 250,000 Cyberattacks Disguised as Anime – Report
- Broadcasting3 days ago
Luft Pay TV Launches in Lagos, Promises to Revolutionize Entertainment
- E-Financial3 days ago
Peter Obi Denies Secret Meeting with Tinubu over Fidelity Bank
- E-Financial3 days ago
PremiumTrust Bank Reassures Customers of Continued Security after Cyberattack Foil
- E-Financial3 days ago
Fidelity Bank’s N10.5tr assets base reinforces stakeholders’ confidence -Insiders bid for more equity stakes
- E-Business3 days ago
INEC Sets Up AI Division to Strengthen Electoral System